Mississauga Market Insights: Navigating a Slightly Cooling but Resilient Market
The price trend over the past year in Mississauga shows a nuanced picture. While the average sold price in March 2025 stands at approximately $1,046,145—slightly down by nearly 1% compared to $1,056,300 in March 2024—the longer-term HPI data indicates resilience with a modest one-year decline of 1.92%, yet notable appreciation over five (29.12%) and ten years (97.67%). This suggests that despite short-term fluctuations, the market has demonstrated strong fundamentals over the long haul. Agents should advise clients that while immediate price adjustments may be evident, historical trends reinforce the value of a long-term investment strategy in Mississauga real estate.
In terms of supply and demand, recent monthly statistics reveal a market where the balance is beginning to shift. Although active listings have been robust and new listings continue to appear steadily, the latest figures (e.g., approximately 4.46 months of inventory and an average of 24 days on market in March 2025) suggest a modest cooling compared to earlier months with lower inventory and faster absorption rates. This slight increase in both months of inventory and days on market indicates that the pace of sales has lost some momentum, potentially placing downward pressure on prices. Real estate agents should use this insight to guide sellers on setting realistic expectations and to help buyers seize opportunities in a market that, while competitive, may offer more negotiation room in the near term.
Read the full article on: Toronto Regional Real Estate Board
