Mississauga

established 1805

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DISCOVER

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.

market update
market update

Comparative Analysis

2021 Y/Y M/M
Sales 525 111.7% 49.6%
New Listings 752 40% 40.8%
Active Listings 351 -26.4% 13.2%
Average Sale Price $1,582,786 24.3% 4.4%
SNLR 69.8% 23.6% 4.1%

Source: TRREB Market Watch Report – Summary of Existing Home Transactions (Detached)

mississauga
mississauga

March 2021 Summary

Mississauga experienced a 111.7% year-over-year increase in home sales in March 2021. New listings were up by 40.% year-over-year. Average sale price was up 24.3% compared to March 2020. The sales to new listings ratio (SNLR) was up 23.6% to 69.8%. SNLR at 55% or more indicates a seller’s market; there are more buyers than properties for sale. Month-over-month, the gap between sales (+49.6%) and new listings (+40.8%) narrowed, indicating that perhaps Mississauga will see a more balanced market in the near future.

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listings

Area listings

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