Mississauga Home Prices 2016

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Mississauga Home Prices 2016

Mississauga Home Prices – Q2 2016 Market Update

Mississauga home prices are on fire. Homes get sold in a matter of days.  All home categories are doing well. The price gap between low rise homes and high rise homes has increased many folds. The high rise market in Mississauga is now seeing a flurry in activity from both investors and first time buyers. We had talked about this type of trend in our Mississauga Square one real estate update in Dec 2015.

The Places to Grow Act 2005 review is going on which will lay the blue print for things to come in the near future. If builders receive access to more land for development, then this will ease the shortage in home supply, which is the main cause of real estate price growth in addition to the other economic factors.

Mississauga home prices at the end of June 2016

HOME SALES MEDIAN PRICE AVG SOLD/ LIST PRICE AVG DOM
MISSISSAUGA 3,880  $      595,000 102% 15
Lisgar            191  $      675,000 105%              8
Churchill Meadows            311  $      670,000 103%           10
Meadowvale            258  $      536,000 105%           10
Streetsville               81  $      717,500 102%           13
Central Erin Mills            158  $      680,500 104%           11
Erin Mills            245  $      630,000 105%           11
Sheridan               71  $      829,030 100%           18
Clarkson            139  $      605,000 100%           17
Lorne Park            111  $  1,265,000 99%           21
Meadowvale Village            165  $      680,000 102%           11
East Credit            268  $      735,183 104%           10
Creditview               38  $      614,500 104%           17
Mavis-Erindale                 3  $      969,500 102%              4
Erindale            128  $      587,500 102%           16
Hurontario            308  $      484,500 102%           15
City Centre            449  $      305,000 98%           27
Fairview               30  $      401,500 101%           21
Mississauga Valleys            137  $      375,000 101%           18
Cooksville            171  $      376,000 102%           18
Mineola               66  $  1,202,500 100%           16
Port Credit               47  $      875,000 100%           22
Malton            144  $      508,250 101%           15
Rathwood               94  $      686,500 105%           10
Applewood            148  $      615,000 104%           13
Lakeview            118  $      748,500 103%           16

Summary of all home transactions, all home types as provided in TREB’s Q2 report.

View full TREB Mississauga Housing Report Q2 2016.

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By | 2017-10-23T18:29:19+00:00 August 25th, 2016|Categories: Buying, Realty Talk, Selling|Tags: , , |Comments Off on Mississauga Home Prices 2016

About the Author:

Amit Kalia
Amit is a full time local REALTOR® since 2003. Currently he is with RE/MAX Real Estate Brokerage Inc. in Mississauga. RE/MAX is Canada's #1 real estate company. He is supported by a very strong Sales and Marketing team. Together with his team, Amit has been serving property sellers, first time buyers, real estate investors, landlords, renters, new immigrants to Canada and non-residents. Amit and his team specialize in Square One condos and also work in many other Mississauga neighbourhoods. Team Amit Kalia offers a 30 Days Sold Guarantee to Sellers. Amit's team also provides exclusive A La Carte property management services for their investor clients and landlords.