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.

market update
market update

Comparative Analysis

2021 Y/Y M/M
Sales 297 -29% 23%
New Listings 415 -38% 36%
Active Listings 247 -56% 3.8%
Average Sale Price $1,594,863 38.7% 2.2%
SNLR 72% 9% -7.5%

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

mississauga
mississauga

September 2021 Summary

Mississauga experienced a 29% year-over-year decrease in home sales in September 2021. New listings were down by 38% versus September 2020. Average sale price was up 26% year-over-year. The sales to new listings ratio (SNLR) went up 9% to 72%. SNLR at 55% or more indicates a seller’s market; there are more buyers than properties for sale. Month-over-month, sales have increased (23%) as have new listings (36%), which is typical for the start of the fall market. The average sale price has increased 7.5% versus last month.

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listings

Area listings

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