Central Erin Mills January 2021 | Mississauga Housing Market

Sunday Feb 14th, 2021

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Central Erin Mills January 2021| Mississauga Housing Market

 

The winter is usually a slower time for Mississauga real estate.  Combined with COVID-19 lockdowns, how did the Central Erin Mills market perform?

 

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:

January 2021:

Number of Solds: 4

Average Sold Price: $1 398 281

Average Days on Market: 7

 

Number of Solds:

4 Detached Homes were sold in Central Erin Mills in January 2021.  That is 6 fewer than the previous month (December 2020), but 2 more than the previous year (January 2020).

 

Average Sold Price:

The average sold price was $1 398 281 in January 2021.  This was slightly lower than the previous month, but a 17% increase over the previous year.

 

Average Days on Market:

It took an average of 7 days on market to sell a detached home in January.  This was 24 days quicker than the previous month, and much faster than the previous year!

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

 

Condo Apartments:

January 2021:

Number of Solds: 16

Average Sold Price: $534 774

Average Days on Market: 41

 

Number of Solds:

A total of 16 Condo Apartments were sold in Central Erin Mills in January.  This was 9 more than the previous month (December 2020), and 9 more than the previous year (January 2020).

 

Average Sold Price:

Average sold price for Condo Apartments was $534 774 in January.  This was slightly higher than the previous month.  However it's a 4% decrease compared to the previous year.

 

Average Days on Market:

It took an average of 41 days to sell in January.  This is about a week longer than the previous month, and more than 4 weeks longer than the previous year.

 

Condo Townhouses:

January 2021:

Number of Solds: 5

Average Sold Price: $798 600

Average Days on Market: 8

 

Number of Solds:

A total of 5 Condo Townhouses sold in Central Erin Mills in January 2021.  This was 8 less than the previous month (December), but the same about as the previous year (January 2020).

 

Average Sold Price:

 

The average sold price was $798 600 in January.  This is slightly higher than the previous month, and a 29% increase from the previous year!

 

Average Days on Market:

 

It took an average of 8 days to sell in January.  This was about 2 weeks quicker than the previous month, and 19 days quicker than the previous year!

 

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

 

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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