Cornerstone Association of REALTORS - Mississauga

Market Conditions


Single detached

Months of inventory for single detached homes numbered 4.7 at the end of the third quarter of 2026, down from the 5.6 months recorded at the end of the third quarter of 2025.

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 third quarter of 2026 than they had a year earlier.

The median number of days on market for sold single detached homes was 25 in the third quarter of 2026, up slightly from 24 days in the third quarter of 2025.


Semi-detached

Months of inventory for semi-detached units numbered 2.8 at the end of the third quarter of 2026, down from the 3.4 months recorded at the end of the third quarter of 2025.

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 third quarter of 2026 than they had a year earlier.

The median number of days on market for sold semi-detached units was 22 in the third quarter of 2026, up slightly from 20 days in the third quarter of 2025.



Condominium townhouse

Months of inventory for condominium townhouse units numbered 6.1 at the end of the third quarter of 2026, up from the 4.5 months recorded at the end of the third quarter of 2025. This was the highest level of months of inventory ever recorded in any quarter.

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.

With a more balanced market, condominium townhouse units spent more time on the market in the third quarter of 2026 than they had a year earlier.

The median number of days on market for sold condominium townhouse units was 31 in the third quarter of 2026, up slightly from 28 days in the third quarter of 2025.


Condominium apartment

Months of inventory for condominium apartment units numbered 6.8 at the end of the third quarter of 2026, down slightly from the 6.9 months recorded at the end of the third quarter of 2025.

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 third quarter of 2026 than they had a year earlier.

The median number of days on market for sold condominium apartment units was 38 in the third quarter of 2026, up slightly from 33 days in the third quarter of 2025.


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