Chat with us, powered by LiveChat

Mississauga Real Estate News

Statistics for Mississauga Home Sales – August 2018

Community – Central Erin Mills (Source: MLS Listings – see map for area boundaries)

Central Erin Mills

Detached Homes

There was a total of 6 detached homes sold in the Central Erin Mills community this August, compared to 6 detached homes sold in August 2017. The average sale price was $1,031,583, which is a 32.5% increase from August 2017 average sale price of $778,481. The average days on the market was 46 days, a significant increase from August 2017 which averaged 18 days on the market. The lowest price of a home sold was $719,000 while the highest price of a home sold was $2,127,500.

Semi-Detached Homes & Townhouses

There was a total of 7 semi-detached homes and townhouses sold in the Central Erin Mills community this August, compared to 11 semi-detached homes and townhouses sold in August 2017. The average sale price was $606,800, which is a 3.8% increase from August 2017 average sale price of $630,636. The average days on the market was 30 days, a slight increase from August 2017 which averaged 21 days on the market. The lowest price of a home sold was $587,500 while the highest price of a home sold was $694,100.

Condominiums & Apartments

There was a total of 7 condominiums and apartments sold in the Central Erin Mills community this August, compared to 10 condominiums and apartments sold in August 2017. The average sale price was $435,357, which is a 18.8% increase from August 2017 average sale price of $366,400. The average days on the market was 23 days, a slight increase from August 2017 which averaged 21 days on the market. The lowest price of a home sold was $330,000 while the highest price of a home sold was $550,000.

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

Leave a comment