The average price of a home is over $1 million again in Mississauga.<\/p>\n
Mississauga\u2019s housing market remained steady in June, according to real estate brokerage Zoocasa\u2019s analysis of the Toronto Regional Real Estate Board\u2019s June data.<\/p>\n
Sales were effectively flat month-over-month, slipping just 0.2 per cent to 567 transactions.<\/p>\n
For many months, the average home price has been below the million-dollar mark in Mississauga.<\/p>\n
But the average hit $1,014,120 in June, just slightly below the June 2025 average of $1,019,578, according to TRREB data, but well above May\u2019s average price of $971,047.<\/p>\n
\u201cThe increase suggests that stronger activity in higher-priced market segments helped lift overall values despite relatively flat sales volume,\u201d Zoocasa said.<\/p>\n
New listings increased 3.2 per cent to 1,632 properties, while active listings rose five per cent to 2,589 homes available at the end of June.<\/p>\n
Even with additional supply entering the market, months of inventory edged down slightly to 4.9 months, indicating that demand remained sufficient to absorb much of the new listing activity.<\/p>\n
Detached homes continued to account for a significant share of market activity. Although detached sales declined modestly to 227 transactions, the average selling price increased 8.4 per cent to $1,482,130 month-over-month. This is also up from the June 2025 average of $1,442,898.<\/p>\n
Semi-detached homes also experienced stronger demand, with sales rising nearly 15 per cent and average days on market falling to just 19 days, Zoocasa noted.<\/p>\n
The average price for a semi-detached home was $908,389 last month, down from $991,926 in June 2025.<\/p>\n
The average price of a townhouse, at $883,038, is down from the June 2025 average of $946,389.<\/p>\n
The condo apartment segment softened during June, Zoocasa said.<\/p>\n
Sales declined by 8.4 per cent, and the average selling price fell 3.3 per cent month-over-month to $525,333. The June 2025 average price for a condo was $576,909.<\/p>\n
\u201cOverall, Mississauga remains a balanced market, with stable demand, healthy inventory levels, and continued strength in the low-rise housing segments despite softer conditions in the condominium market,\u201d Zoocasa said.<\/p>\n