Real Estate Report July, 2018

August 13, 2018

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Here are the recent Real Estate statistics for July, 2018 for the Mississauga area. The market remains fairly stable, with a slight increase in selling prices. The increase in the number of sales is also a positive sign.

I know the summer is a busy time of year, but hope you are taking the time to enjoy the warm weather and sunshine.. winter seems to come too early..

And remember, I’m only a phone call, text message or email away to respond to your questions, or provide you with any information you may need.

  1.  Number of sales increased by 8.81% f rom 670 in July, 217 to 729 in July, 2018
  2.  Average sales prices increased marginally from $699,403 to $706,570 an increase of 1.02%
  3.  Average days on market increased by 3 days, from 21 last year to 24 this year – 1.03%
  4.  Average List to Sell ratio rose by 1.03% from 97% to 98%
  5.  Number of new listings fell substantially from 1,517 to 1,299 a decrease of 14.37%