How is the real estate market? To truly appreciate what is happening in a neighbourhood, you need to look at statistics specific to that neighbourhood. That is why we generated this report for the Cooksville neighbourhood of Mississauga.

In March 2016, there were 16 Two Bedroom + Two bath Condos that sold. The average sale price for the Two bedroom + Two bath suites was $278,394. The sale prices ranged from $173,000 to $466,300. The lowest price suite that sold for $173,000 was a condo apartment from 2323 Confederation Pkwy. The Mississauga condo that sold for the highest price of $466,300 was a stacked townhome located at 790 Neighbourhood Circle.

How fast are these suites selling for? The average days on market for these Two bedroom + Two bath condos in the month of March 2016 was 24 days. In the month of March, the average sold price per listing price was 98%.

How large can you expect these condos for sale in Mississauga to be? The square footage of suites sold in March ranged from 900 – 1,599 square feet.

What does the future entail for those in search of Mississauga Condos for sale? Though nothing can be assured with absolute certainty, it is always a good rule to calculate months of inventory when predicting future trends. As of April 26th while we are carrying out these calculations, there are 19 Two bedroom + Two bath suites available for sale.

Looking back, we know that 16 condos sold in March, 12 sold in February and 6 sold in January. This gives an average monthly sold rate of 11.3 condos per month. If the demand keeps up, the existing inventory of condos should be leased within 1.7 months.

With 1.7 month of inventory in the market, prices will continue to steadily rise in the Cooksvillle region of Mississauga.

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The Relationship between Inventory and Prices of Mississauga Condos for Sale