Mississauga

established 1805

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About Mississauga

Formed in 1974, Mississauga is now recognized as Canada’s 6th largest and fastest growing major city with a population of 729,000 residents representing cultures from around the world. Home to Canada’s largest airport, Toronto Pearson International, Mississauga is considered Canada’s gateway.

Mississauga has more than 480 parks and 23 major trail systems including part of a 485 mile (780 km) waterfront trail running from Niagara-on-the-Lake to the Quebec border.

Mississauga offers family-oriented sports, leisure and arts facilities with 11 community centres and a vibrant downtown city centre with major retail, office, entertainment and condo living.

mississauga
mississauga

August 2020 Summary

Sales were up on a year-over-year basis for all major home types in August. It should be noted that the low-rise market segments, including detached and semi-detached houses and townhouses, were the drivers of sales growth.

The Sales to New Listings Ratio (SNLR) is up 9.6% at 61.4%. SNLR at 55% or more indicates a seller’s market: there are more buyers than properties for sale.

market update
market update

Year-Over-Year Summary

2020 2019 % Change
Sales 360 241 49.4%
New Listings 586 465 26.0%
Active Listings 555 658 -15.7%
Average Sale Price $1,307,832 $1,063,529 23.0%
SNLR 61.4% 51.8% 9.6%

 

listings
listings

Area listings


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