Applewood Mississauga 3-rd Quarter 2019 Sold Houses Real Estate Report
|Homes Average Price||$644,418||$564,865||14%|
|% of Sales Price to Listing Price||99%||98%||1.00%|
|Days on Market||19||23||-17.39%|
Applewood average house price in 3-rd Quarter 2019 is $644,418 but if you made renovation your house market value is higher. For more information please contact:
In comparison to the 3-rd quarter of the previous year, there have been some notable changes on the housing market in Applewood. This includes the continued increase in sales but decrease in average price of homes. In particular, house sales have demonstrated 5.3% difference from 75 in 2018 to 79 in 2019, as well as a 14% increase in price from $564,865 to $644,418 between 2018 and 2018. Furthermore, the percent increase in sales price to listing price increased about 1% to 99% in 2019 compare to 98% last year.
In relation to house sales and prices, there has also been a noteworthy difference in both new and active listings in the third quarter between 2018 and 2019. In 2018, the number of new listings in Applewood was 129 whereas the number of active listings was 54. In 2019, there were now 109 new listings and 31 active listings. This corresponds to a 16% difference in new listings and 42.59% difference in active listings between 2018 and 2019.
The interplay of these factors then influenced the average number of days a house spent on the market, which decreased from 23 days in 2018 to 19 days in 2018. This difference therefore represents a 17.9% decrease in the third quarters of both these years.
Evidently, the real estate market is dynamic and there are more changes to be expected as we move into 2019. If you are looking to buy or sell this year, please contact me to gain a better understanding of your current position as well as your future options. I can help you make the right choices as you move forward with your decision.