July was a bustling month of Mississauga real estate sales for Team McDadi, with no end to the vibrant spring market in sight.
While the past market from March to June was the most spring active in the history of Team McDadi, July also continued to be strong.
All segments of the Mississauga real estate market performed well for Sam McDadi and his team, and statistics from the Toronto Real Estate Board concur that the first month of the summer was hot.
Total sales in the Greater Toronto Area, excluding the City of Toronto, were up compared to the same period last year. According to the TREB, 936 homes were sold in Mississauga in July, with an average sale price of $456.037. The average price for a detached home in Mississauga in July was $683,564, and the average price for a semi-detached was $434,055. The average Mississauga condo townhome cost $349,922 and the average condo apartment sold for $260,213.
Buyers in the Mississauga real estate market were seeking out a wide range of homes in July, from first time home-buyers who were looking for entry-level condominiums or semi-detached homes, to buyers who were looking to buy homes valued at more than $1million.
We expect the coming months to continue to be strong in Mississauga. If you are considering selling your home, please contact me at 905-502-1500 for a free home evaluation.