Churchill Meadows Mississauga House Price sold In 2-nd Quarter 2019 Report

Churchill Meadows average house price in 2-nd Quarter 2018 is $832,554 but if you made renovation your house market value is higher. For more information please contact:

Churchill Meadows Mississauga House Price sold in 2-nd Quarter 2019 Real Estate Report

Churchill Meadows 2019 2018 Difference
House sale 186 157 18.5%
Homes Average Price $832,554 $726,500 15%
New Listings 323 311 4%
Active Listings 94 112 -16.07%
% of Sales Price to Listing Price 98 99 -1.00%
Days on Market 15 20 -25.00%

The Real Estate market in Meadowvale neighbourhood of Mississauga continued to experience changes price and sale volume during the second quarter of 2019. The Mississauga neighbourhood experienced sales increase with the sale of 165 homes. This is 21.3% increase over the same period in the prior year when 136 homes were sold. The demand for housing drove the average house price to $662,302 – up by 7% compared to the 2-nd quarter of 2018 where the average sale price was $619,274.

There continued to be a shortage of homes for sale relative to the number of interested buyers. In the 2-nd quarter of this year, new listings in Meadowvale have also shown changes when compared to those in 2018. The number of new listings has decreased, with 241 new listings in 2019 compare to 249 in 2018. The number of active listings decreased by 36.25% compared to the same period the prior year. This new factors help to sell the homes 28.75% faster with the average home being on the market for only 14 days compared to 18 days in the prior year’s quarter. As a result, sellers received offers with the average house selling for 100% of the list price compare to 99% a year ago.

If you are considering selling your home anytime soon, the combination of a high demand for the homes and a shortage of sellers, suggests that now would be a good time to sell.  I can provide you with a free market analysis of your home, answer any questions that you may have and help you sell your home quickly at a fair market price.  Please contact me to see how I can help you make the right move.

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