Mississauga Valleys Mississauga Houses Price sold in second Quarter 2019 Real Estate Report
|Homes Average Price||$526,189||$566,059||-7%|
|% of Sales Price to Listing Price||98||107||-8.41%|
|Days on Market||20||10||100.00%|
The Real Estate market in Mississauga Valleys neighbourhood city of Mississauga continued to experience price appreciation with decrease in sale volume during the second quarter of 2019. This Mississauga neighbourhood experienced sales increase with the sale of 87 homes. This is a 26.1% increase over the same period in the prior year when 69 homes were sold. The average house price increased to $540,240 – up by 3% compared to the second quarter of 2019 where the average sale price was $526,189.
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 Mississauga Valleys have also shown changes when compared to those in 2018. The number of new listings has decreased, with 139 new listings in 2019 compare to 143 in 2018. The number of active listings decreased by 18.18% compared to the same period the prior year. With this new numbers the average homes was sold 5% faster with being on the market for only 19 days –compared to 20 days in the prior year’s quarter. As a result of the shortage of listings, sellers received stronger offers with the average house selling for 99% of the list price compare to 98% 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.
Cooksville average house price in 2-nd Quarter 2019 is $540,240 but if you made renovation your house market value is higher. For more information please contact: