Mississauga Real Estate Market News – January 2019 – Community: Meadowvale

(Source: MLS Listings – see map for area boundaries)

Detached Homes

There was a total of 4 detached homes sold in the Meadowvale community this January, compared to 3 detached homes sold in January 2018. The average sale price was $863,750, which is a 3.9% increase from January 2018 average sale price of $831,667. The average days on the market was 11 days, a significant decrease from January 2018 which averaged 44 days on the market. The lowest price of a home sold was $630,000 while the highest price of a home sold was $1,130,000.

Mississauga Real Estate - Meadowvale

Semi-Detached Homes & Townhouses

There was a total of 2 semi-detached homes and townhouses sold in the Meadowvale community this January, compared to 8 semi-detached homes and townhouses sold in January 2018. The average sale price was $629,500, which is a 5.8% decrease from January 2018 average sale price of $668,588. The average days on the market was 3 days, a significant decrease from January 2018 which averaged 24 days on the market. The lowest price of a home sold was $624,000 while the highest price of a home sold was $635,000.

Condominiums & Apartments

There was a total of 9 condominiums and apartments sold in the Meadowvale community this January, compared to 13 condominiums and apartments sold in January 2018. The average sale price was $449,333, which is a a 19.0% decrease from January 2018 average sale price of $377,664. The average days on the market was 21 days, a slight decrease from January 2018 which averaged 30 days on the market. The lowest price of a home sold was $315,000 while the highest price of a home sold was $566,900.

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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