Applewood Mississauga 2-nd Quarter 2019 Sold Houses Real Estate Report
|Homes Average Price||$681,810||$627,903||9%|
|% of Sales Price to Listing Price||100||99||1.01%|
|Days on Market||13||20||-35.00%|
Applewood average house price in 2-nd Quarter 2019 is $681,810 but if you made renovation your house market value is higher. For more information please contact:
In the second quarter of 2019, average prices in Applewood neighborhood of Mississauga have demonstrated continued changes. In comparison to last year, the number of houses sold decreased from 81 to 112 which represents a difference of 38.3%. There has also been a 9% increase in the average price of a home from about $627,903 in 2018 to $681,810 in 2019.
In the second quarter of this year, new listings in Applewood have also shown changes when compared to those in 2018. More specifically, the number of new listings has increased, with 139 new listings in 2018 to 166 in 2019. Active listings have also shown a change, from 48 last year and 39 this year. In other words, the past year has experienced 19% difference in new listings and a 23.08% difference in active listings in this quarter.
The final selling price of a home and the number of days a house spends on the market are then affected by these values. In the second quarter of 2019, the percent of sales price to listing price increased 1.01%, which increased from 99% in 2018 to 100% in 2019. The average number of days that a house spent on the market demonstrated a difference of 35%, given the 20 days spent on the market in 2018 in comparison to the 13 days in 2019.
Based on these trends, it can be expected that the demand for housing will continue to increase in 2019. Whether you are looking to buy or sell this year, please contact me and I will help you make the best financial decisions to arrive at your best option.