Meadowvale Village Mississauga Sold House Price in 2-nd quarter 2019 Real Estate Report
Meadowvale Villagein Mississauga 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:
|Homes Average Price||$853,592||$855,478||-0.2%|
|% of Sales Price to Listing Price||99||97||2.00%|
|Days on Market||14||19||-26.32%|
The Real Estate Market in Meadowvale Village neighborhood of Mississauga continued to experience changes in sale volume during and price in the second quarter of 2019. This Mississauga neighborhood experienced sales increase with the sale of 101 homes. This is a 14.8% increase over the same period in the prior year when 88 homes were sold. This new numbers drove the average house price to $853,592 – down by 0.2% compared to the second quarter of 2018 where the average sale price was $855,478.
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 Village 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 173 in 2018. The number of active listings decreased by 28.57% compared to the same period the prior year. With these new numbers the average homes was sold 26.32% faster with the average home being on the market for only 14 days –compared to 19 days in the prior year’s quarter. As a result, sellers received offers with the average house selling for 99% of the list price compare to 97% 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.