Buyer's or Seller's Market in December 2020? | Mississauga Housing Market

Tuesday Jan 05th, 2021

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Buyer's or Seller's Market in December 2020? | Mississauga Housing Market

 

If you're wondering how the Mississauga Housing Market performed in December 2020, you're in the right place!  Scroll down to find out if it was a Buyer's or Seller's market, or watch this video:

 

 

Sales to New Listings Ratio (SNLR):

Less than 40%: indicates Buyer's Market (more new listings than buyers)

Between 40% to 60%: Balanced

Greater than 60%: indicates Seller's Market (more buyers than new listings)

 

Condo Apartments:

Sales: 225

New Listings: 232

Sales to New Listings Ratio: 97%

🔥 SELLER'S MARKET 🔥

Average Price: $519 346 (up 0.5% from December 2019)

CLICK HERE TO VIEW ALL AVAILABLE CONDO APARTMENTS FOR SALE IN MISSISSAUGA

 

Condo Townhouses:

Sales: 140

New Listings: 96

Sales to New Listings Ratio: 146%

🔥🔥SELLER'S MARKET 🔥🔥

Average Price: $672 181 (up 9% from December 2019)

CONDO TOWNHOUSES ARE RED HOT!

CLICK HERE TO VIEW ALL AVAILABLE CONDO TOWNHOUSES FOR SALE IN MISSISSAUGA

 

Detached:

Sales: 197

New Listings: 151

Sales to New Listings Ratio: 130%

🔥🔥SELLER'S MARKET 🔥🔥

Average Price: $1 413 136 (up 16% from December 2019)

DETACHED HOMES ARE RED HOT!

CLICK HERE TO VIEW ALL AVAILABLE DETACHED HOMES FOR SALE IN MISSISSAUGA

 

Semi Detached:

Sales: 87

New Listings: 72

Sales to New Listings Ratio: 121%

🔥🔥SELLER'S MARKET 🔥🔥

Average Price: $884 685 (up 15% from December 2019)

SEMI DETACHED HOMES ARE RED HOT!

CLICK HERE TO VIEW ALL AVAILABLE SEMI DETACHED HOMES FOR SALE IN MISSISSAUGA

 

December 2020 was a GREAT month to be a seller in the Mississauga Housing Market.

 

What will January look like?

 

Interested in individual communities? Keep an eye on my blog!

 

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