Mississauga Real Estate Board

Market Conditions


Single detached

Months of inventory for single detached homes numbered 0.8 at the end of the fourth quarter of 2023, down from the 2.7 months recorded at the end of the fourth quarter of 2022.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a tighter market, homes spent more time on the market in the fourth quarter of 2023 than they had a year earlier.

The median number of days on market for single detached homes was 19 in the fourth quarter of 2023, up slightly from 17 days in the fourth quarter of 2022.


Semi-detached

Months of inventory for semi-detached units numbered 0.4 at the end of the fourth quarter of 2023, down from the 1.5 months recorded at the end of the fourth quarter of 2022.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a tighter market, semi-detached units spent more time on the market in the fourth quarter of 2023 than they had a year earlier.

The median number of days on market for semi-detached units was 21 in the fourth quarter of 2023, up from 15 days in the fourth quarter of 2022.



Condominium townhouse

Months of inventory for condominium townhouse units numbered 0.5 at the end of the fourth quarter of 2023, down from the 1.7 months recorded at the end of the fourth quarter of 2022.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a tighter market, condominium townhouse units spent more time on the market in the fourth quarter of 2023 than they had a year earlier.

The median number of days on market for condominium townhouse units was 29 in the fourth quarter of 2023, up from 23 days in the fourth quarter of 2022.


Condominium apartment

Months of inventory for condominium apartment units numbered 0.9 at the end of the fourth quarter of 2023, down from the 3.4 months recorded at the end of the fourth quarter of 2022.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a tighter market, condominium apartment units spent more time on the market in the fourth quarter of 2023 than they had a year earlier.

The median number of days on market for condominium apartment units was 28 in the fourth quarter of 2023, up slightly from 23 days in the fourth quarter of 2022.


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