Central Erin Mills December 2020 | Mississauga Housing Market

Thursday Jan 07th, 2021

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Central Erin Mills December 2020 | Mississauga Housing Market

 

Wondering how the Peel COVID-19 lockdown affected the Central Erin Mills real estate market?  You're in the right place!

 

Watch the video below, or keep scrolling to read through all the statistics.

 

 

 

Click here to see all of the latest homes available in Central Erin Mills!

 

Below you will find key statistics such as Number of Solds, Average Sold Price and Average Days on Market.  Central Erin Mills features many types of properties, such as DetachedCondo Apartments and Condo Townhouses - the statistics have been categorized accordingly.

 

Detached Homes:

December 2020:

Number of Solds: 10

Average Sold Price: $1 551 600

Average Days on Market: 31

Number of Solds:

 

10 Detached Homes were sold in Central Erin Mills in December 2020.  That is 2 fewer than the previous month (November 2020), but 2 more than the previous year (December 2019)

Average Sold Price:

The average sold price was $1 551 600 in December 2020.  This was slightly lower than the previous month, but an 8% increase over the previous year.

Average Days on Market:

It took an average of 31 days on market to sell a detached home in December.  This was 5 days longer than the previous month, but much faster than the previous year!

Click here to see all of the latest Detached Homes available in Central Erin Mills!

 

Condo Apartments:

December 2020:

Number of Solds: 7

Average Sold Price: $528 857

Average Days on Market: 33

Number of Solds:

A total of 7 Condo Apartments were sold in Central Erin Mills in December.  This is the same amount as last month (November 2020), and just one less than the previous year (December 2019).

Average Sold Price:

Average sold price for Condo Apartments was $528 857 in December.  This was higher than the previous month, but a little lower than the Fall.  This is also a 2% decrease compared to the previous year.

Average Days on Market:

It took an average of 33 days to sell in December.  This is about a week longer than the previous month, and more than 2 weeks longer than the previous year.

 

Condo Townhouses:

December 2020:

Number of Solds: 13

Average Sold Price: $739 154

Average Days on Market: 22

Number of Solds:

A total of 13 Condo Townhouses sold in Central Erin Mills in December 2020.  This is the same amount as the previous month (November), and 9 more than the previous year (December 2019).

Average Sold Price:

The average sold price was $739 154 in December.  This is slightly higher than the previous month, and an 8% increase from the previous year.

Average Days on Market:

It took an average of 22 days to sell in December.  This was about a week longer than the previous month - same with the previous year.

 

Click here to see all of the latest Condo Apartment and Townhomes available in Central Erin Mills!

 

COVID-19 has placed a significant emphasis on the home. The home has now become the place where you work, learn and spend the majority of your time.  Demand for a community like Central Erin Mills remains high for the type of home and environment that it offers! 

 

Have a Question or Comment? Want to know the value of your home?  Feel free to reach out!

 

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