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

Meadowvale average house price in 2-nd Quarter 2019 is $853,592 but if you made renovation your house market value is higher. For more information please contact:

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

Meadowvale 2019 2018 Difference
House sale 165 136 21.3%
Homes Average Price $662,302 $619,274 7%
New Listings 241 249 -3%
Active Listings 51 80 -36.25%
% of Sales Price to Listing Price 100 99 1.00%
Days on Market 14 18 28.57%

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 decrease with the sale of 101 homes. This is 25.7% decrease over the same period in the prior year when 136 homes were sold. The demand for housing drove the average house price to $853,592 – down by 38% 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 166 new listings in 2019 compare to 249 in 2018. The number of active listings decreased by 43.75% 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 99% and remains unchanged compare to 2018 same period.

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

Leave a Reply

Your email address will not be published.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