GTA Real Estate Market April 2021 TRREB Report
GTA Real Estate TRREB Market Report April 2021 Highlights
- There were 13,663 sales reported through the MLS® System in April 2021
- Home sales set a new record with more than quadruple sales compared to April 2020 (though 13% lower than March 2020)
- However, going by seasonal trend, April 2021 sales & number of new listings actually declined month-over-month
- Having said that, when compared to the 10-year sales average, April 2021 sales is up by 36.6%
- Due to the pandemic we are seeing little population growth, which is starting to exhaust the pool of potential buyers
- The average selling price of $1,090,992 is 33% up compared to April 2020, but flat relative to March 2021
“Despite a modest slowing in market activity in April compared to March, selling prices for all major home types remained very high. Low borrowing costs during COVID-19 clearly had an impact on the demand for and price of ownership housing. While the pace of price growth could moderate in the coming months, home prices will likely continue on the upward trend. Renewed population growth over the next year coupled with a persistent lack of new inventory will underpin home price appreciation,” – TRREB Chief Market Analyst.
GTA Real Estate Market April 2021 – Sales & Average Home Prices
416 vs. 905 Areas of the GTA
| SALES & AVERAGE PRICE BY MAJOR HOME TYPE | ||||||
| April 2021 | ||||||
| Sales | Average Price $ | |||||
| 416 | 905 | Total | 416 | 905 | Total | |
| Detached | 1,322 | 5,194 | 6,516 | 1,699,756 | 1,308,185 | 1,387,629 |
| Semi-detached | 487 | 817 | 1,304 | 1,308,799 | 925,938 | 1,068,923 |
| Townhouse | 578 | 1,855 | 2,433 | 942,371 | 831,152 | 857,574 |
| Condo Apt | 2,277 | 1,013 | 3,290 | 727,137 | 612,341 | 691,791 |
Average Prices by Home Type – April 2021
| Average Price by Home Type & City – April 2021 | ||||
| Detached | Semi-Detached | Condo Towns | Condo Apartment | |
| Burlington | $1,391,009 | $925,562 | $739,080 | $583,356 |
| Milton | $1,345,451 | $957,579 | $684,190 | $598,253 |
| Oakville | $1,897,844 | $1,155,804 | $742,713 | $823,572 |
| Brampton | $1,173,767 | $890,120 | $668,723 | $505,023 |
| Mississauga | $1,518,393 | $974,375 | $749,952 | $575,832 |
| Toronto | $1,699,756 | $1,308,799 | $824,237 | $727,137 |
View TRREB April 2021 Market Watch for Prices for other Cities.
Search For Sales Listings in Mississauga & Other Parts of the GTA.
Source: TRREB April 2021 Market Watch
View Some of our Recent Sold Listings
3 BR Semi-detached Home in Churchill Meadows, Mississauga
1 BR + Den + 2 WR Capital Condo at Square One, Mississauga
3 BR Detached Home in Erin Mills, Mississauga
2 BR Freehold Townhome in Ancaster
