Lakeview average house price in 3-nd Quarter 20189is $856,461 but if you made renovation your house market value is higher. For more information please contact:
Lakeview Mississauga Houses Price Sold in 3-nd Quarter 2019 Real Estate Report
|Homes Average Price||$953,600||$902,189||6%|
|% of Sales Price to Listing Price||98||97||1.00%|
|Days on Market||26||23||11.54%|
The Real Estate market in Lakeview neighbourhood of Mississauga continued to experience price appreciation growth and sale volume during the third quarter of 2019. This Mississauga neighbourhood experienced sales increase with the sale of 67 homes. This is a 10.7% sale decrease over the same period in the prior year when 75 homes were sold. The demand for housing drove the average house price to $953,600 – up by 6% compared to the second quarter of 2018 where the average sale price $902,189.
There continued to be a shortage of homes for sale relative to the number of interested buyers. In the 3-rd quarter of this year, new listings in Lakeview have also shown changes when compared to those in 2018. The number of new listings has decreased, with 155 new listings in 2019 compare to 157 in 2018. The number of active listings has increased 15.91% compared to the same period the prior year when was 74 houses listed. This helped to sell the homes 11.54% quicker with the average home being on the market for only 26 days –compared to 23 days in the prior year’s quarter. As a result of the shortage, buyers received strong offers with the average house selling for 98% of the list price compare to 97% in 2018. This difference therefore represents a 1% increase in the third quarters of both these years.
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.