The table below shows the average, mean, mode, low and high figures for power of sale properties in Mississauga only over the past 90 days. This will give you a general idea of what power of sale properties sell for. Typcially, for comparison, regular non power of sale properties sell for about 98% of asking. Thus POS properties sell for about 1% less than the average.
The table and info below is for Mississauga over the past 90 days, and you can see in the table below one can see that pos properties sell, on average for 96.99% of asking price, would this information be helpful?
Statistics
| Field | # | Mean (Average) | Median | Low | High | |
|---|---|---|---|---|---|---|
| List Price | 92 | $276,555 | $258,700 | $105,000 | $849,900 | |
| Original Price | 88 | $280,806 | $267,250 | $119,000 | $849,900 | |
| Sold Price | 84 | $259,345 | $247,400 | $102,000 | $608,000 | |
| % List | 80 | 96.99 | 97 | 88 | 110 | |
| Taxes | 53 | $2,527 | $2,406 | $1,293.25 | $4,772 | |
| Bedrooms | 92 | 3 | 3 | 1 | 5 | |
| Washrooms | 92 | 2.4 | 2 | 1 | 5 | |
| Days On Market | 87 | 35 | 29 | 2 | 112 |
Counts
| Field | Value | Count |
|---|---|---|
| Area | West TREB Districts | 92 |
| District | W12 | 9 |
| W13 | 2 | |
| W14 | 7 | |
| W15 | 19 | |
| W16 | 10 | |
| W18 | 13 | |
| W19 | 14 | |
| W20 | 18 | |
| Municipality | Mississauga | 92 |
| Last Status | Exp | 2 |
| Sld | 84 | |
| Sus | 1 | |
| Ter | 5 | |
| Type | Att/Row/Twnhouse | 4 |
| Condo Apt | 27 | |
| Condo Townhouse | 13 | |
| Detached | 21 | |
| Semi-Detached | 27 | |
| Style | 2-Storey | 36 |
| 3-Storey | 3 | |
| Apartment | 25 | |
| Backsplit 3 | 2 | |
| Backsplit 4 | 7 | |
| Backsplit 5 | 2 | |
| Bungalow | 7 | |
| Bungalow-Raised | 5 | |
| Loft | 2 | |
| Other | 1 | |
| Stacked Townhse | 2 |
Search the MLS or read more about Interest Rates, Power of Sale Properties, Price Trends and more at my website.
Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
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