East Credit December 2020 | Mississauga Housing Market

Friday Jan 15th, 2021

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East Credit December 2020 | Mississauga Housing Market

 

Wondering how the Peel COVID-19 lockdown affected the East Credit 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 available homes for sale in East Credit!

 

Below you will find key statistics such as Number of Solds, Average Sold Price and Average Days on Market.  East Credit features many types of properties, such as DetachedSemi Detached and Condo Townhouses - the statistics have been categorized accordingly.

 

Detached Homes:

December 2020:

Number of Solds: 18

Average Sold Price: $1 290 433

Average Days on Market: 28

Number of Solds:

18 Detached Homes were sold in East Credit in December 2020.  That is 8 fewer than the previous month (November 2020).  But not a concern - that is 2 more than the previous year (December 2019).

Average Sold Price:

The average sold price was $1 290 433 in December 2020.  This was an increase of about $10 000 over the previous month, and a 20% increase over the previous year!

Average Days on Market:

It took an average of 28 days on market to sell a detached home in December.  This was 8 days longer than the previous month, and nearly a week (6 days) longer than the previous year!

 

Semi Detached Homes:

December 2020:

Number of Solds: 7

Average Sold Price: $892 000

Average Days on Market: 6

Number of Solds:

7 Semi Detached Homes were sold in East Credit in December 2020.  This was 3 less than the previous month, and 2 more than the previous year (December 2019).

Average Sold Price:

The average sold price was $892 000 in December 2020.  This was about $12 000 less than the previous month, but an 11% increase over the previous year!

Average Days on Market:

It took an average of 6 days on market to sell a semi detached home in December.  This was 6 days faster than the previous month, and a week faster than the previous year!

 

Condo Townhouses:

December 2020:

Number of Solds: 6

Average Sold Price: $717 417

Average Days on Market: 16

Number of Solds:

A total of 6 Condo Townhouses sold in East Credit in December 2020.  This is 2 less than the previous month (November 2020), but 2 more than the previous year (December 2019).

Average Sold Price:

The average sold price for condo townhouses was $717 417 in December.  This is about $6000 less than the previous month, but a 10% increase from the previous year.

Average Days on Market:

It took an average of 16 days to sell a condo townhouse in December.  This was 1 day slower than the previous month, but a week faster than the previous year.

 

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

 

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