Mississauga Real Estate Market in April Continues to Improve

The Mississauga Real Estate Market Continues to Improve in the month of April. Sales volumes are up and prices are steady.

We are now experiencing a good real estate market where properly priced properties are taking about 2 to 3 weeks to sell. This is a more 'normal' time period and gives buyers and sellers time to digest market conditions without acting with too much pressure.

See my MLS listings on Google Maps here

Looks like March was another good month for sales, read more

Now that the March sales numbers are in the record books, you can read more about sales volumes and prices from last month in this article

Prices seem to have stabilized for month over month. This is somewhat unusual compared to the last 10 years of spring markets. It is difficult to predict where the prices will go over the next month or two, but if patterns over the past years are any indication, prices will likely improve over the next few months.

I hope this finds you and yours happy and healthy!

Mark

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Prices Steady - Volume up Compared to last year

TORONTO - Wednesday, April 5, 2006--TREB Members reported 8,707 sales of existing homes in March, a 10 per cent increase over the 2005 total of 7,904, Toronto Real Estate Board President John Meehan announced today. "The March performance is the second best ever recorded for the month," Mr. Meehan said. "Furthermore, year-to-date we have seen 19,831 sales, which is the best first quarter result since statistics have been kept."

Prices steadied last month, with the average registering at $353,134, almost the same as in February and up seven per cent from the $330,545 recorded in March of 2005. Inventory climbed four per cent over last March to 22,765, and average time-on-market fell to 30 days.

Breaking down the total Numbers into TREB Areas for this month

3,281 sales were reported in TREB’s 28 West districts and averaged $334,274
1,558 sales were reported in the 14 Central districts and averaged $458,623
1,710 sales were reported in the 23 North districts and averaged $381,774
2,158; sales were reported in TREB’s 21 East districts and averaged $282,954

Public Open houses on my listings this Saturday and Sunday April 8th and 9th

Please visit either of these links see them all here or quick list here to see my listings that are on the list of Public Open Houses this weekend
Thank you,
Mark