Hurontario Mississauga Houses Price Sold in 2-nd Quarter 2019 Real Estate Report
Hurontario average house price in 2-nd Quarter 2019 is $647,256 but if you made renovation your house market value is higher. For more information please contact:
|Homes Average Price||$594,434||$651,761||-9%|
|% of Sales Price to Listing Price||98||104||-6.00%|
|Days on Market||22||11||-100.00%|
In comparison to the second quarter of the previous year, there have been some notable changes on the housing market in Hurontario neighbourhood city of Missisauga. This includes the continued increase in sales and average price of homes. In particular, house sales have demonstrated a 37.5% difference from 168 houses sold in 2018 to 231 in 2019, as well as a 9% increase in price from $594,434 to $647,256 between 2018 and 2019. Furthermore, the percent increase in sales price to listing price was 1% with 98% in 2018, and 99% this year.
In relation to house sales and prices, there has also been a noteworthy difference in both new and active listings in the second quarter between 2018 and 2019. In 2018, the number of new listings in Hurontario neighbourhood was 345 whereas the number of active listings was 121. In 2019, there were now 368 new listings and 113 active listings. This corresponds to a 7% difference in new listings and 27.08% 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 increased from 22 days in 2018 to 17 days in 2019. This difference therefore represents a 22.73% increase in the 2-nd quarters of both these years.
Evidently, the real estate market is dynamic and there are more changes to be expected in 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.