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Mississauga Real Estate Market News – December 2018 – CommunityMalton

(Source: MLS Listings – see map for area boundaries)Mississauga Real estate Malton

Detached Homes

There was a total of 4 detached homes sold in the Malton community this December, compared to 7 detached homes sold in December 2017. The average sale price was $655,500, which is a 3.0% decrease from December 2017 average sale price of $675,857. The average days on the market was 29 days, a significant increase from December 2017 which averaged 17 days on the market. The lowest price of a home sold was $618,000 while the highest price of a home sold was $702,000.

Semi-Detached Homes & Townhouses

There was a total of 8 semi-detached homes and townhouses sold in the Malton community this December, compared to 7 semi-detached homes and townhouses sold in December 2017. The average sale price was $601,500, which is a 7.4% decrease from December 2017 average sale price of $560,000. The average days on the market was 18 days, a slight decrease from December 2017 which averaged 20 days on the market. The lowest price of a home sold was $565,000 while the highest price of a home sold was $652,000.

Condominiums & Apartments

There was a total of 6 condominiums and apartments sold in the Malton community this December, compared to 6 condominiums and apartments sold in December 2017. The average sale price was $392,500, which is a a 3.7% decrease from December 2017 average sale price of $407,667. The average days on the market was 22 days, a slight decrease from December 2017 which averaged 28 days on the market. The lowest price of a home sold was $315,000 while the highest price of a home sold was $468,000.

Note: “Condominiums & Apartments” include all properties (detached or semi-detached) with shared amenities and monthly maintenance fees.

If you’d like more information on the real estate activity in your area, a FindMyNest agent would be happy to assist you: 647-499-1661 or info@findmynest.ca

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