Lakeview Mississauga Houses Price Sold in 2-nd Quarter 2019 Report

Lakeview Mississauga Houses Price Sold in 2-nd Quarter 2019 Real Estate Report

Applewood average house price in 2-nd Quarter 2019 is $931,748 but if you made renovation your house market value is higher. For more information please contact:

Lakeview 2018 2017 Difference
House sale 86 99 -13.1%
Homes Average Price $856,461 $931,714 -8%
New Listings 191 187 2%
Active Listings 90 68 24.44%
% of Sales Price to Listing Price 98 106 -8.00%
Days on Market 22 11 50.00%

In the second quarter of 2019, average prices in Lakeview neighborhood of Mississauga have demonstrated continued changes. In comparison to last year, the number of houses sold increased from 86 to 114 which represents a difference of 32.6%. There has also been 9% increase in the average price of a home from about $856,461 in 2018 to $931,748 in 2019.

In the 2-nd quarter of this year, new listings in Lakeview have also shown changes when compared to those in 2018.  More specifically, the number of new listings has increased, with 191 new listings in 2018 to 141 in 2019. Active listings have also shown a change, from 90 last year and 75 this year. In other words, the past year has experienced 2% difference in new listings and a 20% 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 was 98% and remain unchanged.  The average number of days that a house spent on the market demonstrated a difference of 29.41%, given the 22 days spent on the market in 2018 in comparison to the 17 days in 2019.

Based on these trends, it can be expected that the demand for housing will continue to increase as we move into 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.

Leave a Reply

Your email address will not be published. Required fields are marked *