Central Erin Mills November 2020 | Mississauga Housing Market
Friday Dec 18th, 2020Share
The Mississauga community of Central Erin Mills is highly sought after! The best schools in the region, convenient access to highways and shopping - it has it all! I've recently assisted a young family from overseas find a home in the area.
If you're interested to see how the real estate market is doing in Central Erin Mills, you're in the right place. Watch the video below, or keep scrolling to read through all the statistics.
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 Detached, Condo Apartments and Condo Townhouses - the statistics have been categorized accordingly.
Number of Solds: 12
Average Sold Price: $1 699 000
Average Days on Market: 26
The number of detached homes sold in Central Erin Mills dipped slightly in November 2020 compared to previous months. But these homes are still looking for more popular than in 2019!
The average sold price of detached homes in Central Erin Mills were about the same comparing September - October year over year, but quite a significant jump in November!
Detached homes in Central Erin Mills took a little longer to sell in November 2020 compared to the previous two months.
Number of Solds: 7
Average Sold Price: $481 801
Average Days on Market: 26
The number of Central Erin Mills condo apartments sold in November 2020 was lower than the previous two months, but on the same level as the previous year.
Average sold price for condo apartments in Central Erin Mills dipped slightly in November 2020 compared to the previous two months. But the average price in 2020 is consistently roughly equal or higher than the previous year.
Condo apartments in Central Erin Mills are taking about two weeks longer to sell in 2020 compared to last year. But as mentioned above, average price is roughly the same or more!
Number of Solds: 13
Average Sold Price: $688 462
Average Days on Market: 14
The number of condo townhouses sold in Central Erin Mills was roughly on the same level as the previous two months, but slightly below the same time last year (though that was an unusual sharp increase).
The average sold price for condo townhouses in Central Erin Mills dipped slightly in November 2020, but prices in 2020 are still above the same months last year.
This is where we can see the popularity of condo townhouses in Central Erin Mills! These homes are selling one to weeks quicker than the same months last year.
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 Sheridan 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!