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The Mississauga market in June 2024 is showing signs of moderation. Buyers have more breathing room, and there's potentially more room for negotiation. Things have cooled down a touch from the hot days of previous years, and there's a new vibe in the air.
Here's a breakdown by housing type to see how things are shaping up in Mississauga, Ontario, Canada.
These spacious beauties saw average prices settle around $1.38 million, which is a slight decrease compared to June 2023. Still a significant investment, but there's potentially more room for negotiation than in the past.
The middle child of the housing world is holding its own! Prices dipped a bit year-over-year to an average of one million, but they're inching up compared to May 2024. This could be a good option for those seeking more space without the detached price tag.
Looking for a low-maintenance lifestyle with a touch of community? Townhouses might be your pick. The average townhouse price dipped in June compared to last year, settling around one million. With more inventory on the market, you might find some good deals!
Condo life continues to be attractive in Mississauga, with average prices in June around $600,000. This shows a slight decrease year-over-year, but it's a good option for urban dwellers or first-time buyers. Listings are staying on the market a little longer than before, so you have more time to find the perfect place.
Remember: This is just a snapshot of the market, and things can change quickly. It's always wise to consult a local real estate agent who can give you the most up-to-date information and help you navigate your Mississauga housing journey. Happy house hunting!
If you've been waiting on the sidelines, this could be a good time to jump in!
Serge Rybitsky
Real Estate Broker
Royal LePage Terrequity Realty
Brokerage
Tel: 416-831-8301
Email: srybitsky@gmail.com
"Thank you for your professional service. Everything went as planned. With your help we sold our home by deadline we set. Can not say thank you enough for your work."
- Olga D
"I have sold my Etobicoke house with Serge within a few days. He definitely knows what he does. He is very knowledgeable and savvy Realtor."
- Lyubov B
"I was selling my house in North York. Serge impressed me with his innate ability to properly market my property. The result was stunning. I sold for over asking price within a week,"
- Rustem I