October 2009 Real Estate Market Update- Erin Mills W16

Average Price
October 2008- $355,500
October 2009- $389,862

Days on Market
October 2008- 30
October 2009- 23

Number of Sales
October 2008- 48
October 2009- 97

New Listings
October 2008- 138
October 2009- 110

Active Listings
October 2008- 235
October2009- 125

October 2009 proved once again that the Mississauga real estate market is hot! In the neighbourhood of Erin Mills in Mississauga, both house prices and sales increased, a reflection of people's confidence in the economy and hisotrically low interest rates. If you are a Home owner looking to sell, whether it is a detached, semi, town house or condominium now is a great time. For home buyers, take adavntage on the low interest rates while they last! 

For more real estate information specific to your neighbourhood, contact Jeff Oleary