Royal LePage Mississauga Real Estate

   
 

May housing numbers higher than last year

Toronto Real Estate Market Watch Reports by Toronto Real Estate Board

Jun 2, 2009 - In May 2009, Greater Toronto REALTORS® reported 9,589 sales- up almost two per cent from May 2008.

In Mississauga semi-detached homes in affordable price range are the breaking all time records. You can see below that almost every semi that was listed in May 2009 sold.

That explains why many first time buyers are finding it hard to see more number of affordable homes when out shopping. If the number of new listings don't increase soon, it may put an upward pressure on home sale prices in 2009.

Definitely a great time for sellers in Mississauga. If you are planning to sell you may contact Amit for an outstanding professional service.

W 20 Active listing in May 2008 Sold Median price Active listings in May 2009 Sold Median Price
Detached 346 150 $451,500 251 163 $436,500
Semi 144 83 $338,500 82 79 $333,300
Condo townhome 142 62 $260,000 148 62 $255,000
Condo apartment 49 27 $188,000 55 13 $187,000
W 19 Active listing in May 2008 Sold Median price Active listings in May 2009 Sold Median Price
Detached 287 102 $471,000 164 105 $450,000
Semi 96 60 $361,250 52 50 $355,500
Condo townhome 126 50 $284,500 114 46 $286,250
Condo apartment 123 32 $199,000 122 32 $191,250
W 15 Active listing in May 2008 Sold Median price Active listings in May 2009 Sold Median Price
Detached 52 21 $435,000 29 11 $435,000
Semi 27 17 $365,000 11 15 $327,500
Condo townhome 101 33 $262,000 69 28 $254,000
Condo apartment 488 160 $211,250 398 141 $208,000

Amit is a Toronto and Mississauga Real Estate Board REALTOR® serving real estate markets in Downtown Mississauga and West Mississauga. Amit will be happy to answer all your questions. Monthly Real Estate statistics are provided by Toronto Real Estate Board.

For selling price idea of your home /condominium fill out Mississauga home/condo evaluation.

Amit Kalia's Mississauga Condos Blog

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Amit Kalia,
Broker
Royal LePage
106-77 City Centre Dr.
Mississauga
Ontario L5B 1M5
905-275-9400
akalia@trebnet.com

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