Residential sales activity in Mississauga slowed in the first quarter of 2025 compared to the first quarter of 2024.
Residential property sales numbered 1,136 units in the first quarter of 2025, a decrease of 20.7% compared to the same quarter in 2024.
Sales slowed 16.9% for single detached homes, were down 7.3% for semi-detached units, were down 25.3% for condominium townhouse units, and were down 27.2% for condominium apartment units compared to a year earlier in the first quarter.
Summary – Sales by Housing Type | |||
---|---|---|---|
Category | Q1-2025 | Q1-2024 | Year-over-year % change |
Single Detached | 389 | 468 | -16.9 |
Semi-Detached | 165 | 178 | -7.3 |
Condo Townhouse | 195 | 261 | -25.3 |
Condo Apartment | 335 | 460 | -27.2 |
Summary – Median Price by Housing Type | |||
---|---|---|---|
Category | Q1-2025 | Q1-2024 | Year-over-year % change |
Single Detached | $1,400,000 | $1,400,000 | 0.0 |
Semi-Detached | $1,005,000 | $1,019,000 | -1.4 |
Condo Townhouse | $775,888 | $815,000 | -4.8 |
Condo Apartment | $561,000 | $585,000 | -4.1 |