August 2019 Edition: Real Estate Market Watch

July 2019 Market Stats Statistics provided by the Toronto Real Estate Board

MARKET UPDATE August Edition

Sales & Average Price By Major Home Type

Detached

Sales

Avg. Price $1,392,376 $1,365,976

South Mississauga

62 170 140

Oakville

Burlington

$997,291

Semi–Detached South Mississauga

Sales

Avg. Price

14 13 16

$979,921 $791,992 $656,525

Oakville

Burlington

Townhouse

Sales

Avg. Price

South Mississauga

1

$960,000 $854,892 $579,376

Oakville

59 59

Burlington

Condominium South Mississauga

Sales

Avg. Price

22 80 99

$647,039 $577,449 $506,471

Oakville

Burlington

MLS Sales Activity for the Greater Toronto Area

continuing the trend of improved year over year sales with a 24.3 per cent jump from the same month a year earlier. The average selling price for all home types combined was up by just over 3 per cent over the same period and continues to be driven by higher density home types. On average, single detached home prices remained lower than last year’s levels in the 416 area but had a modest increase of 2.5 per cent in the 905 region. 8,595 home sales were reported through the Toronto Real Estate Board MLS in July 2019,

UNITS

AVG. PRICE

JULY 2019

8,595

$806,755

UNITS

AVG. PRICE

JULY 2018

$781,918

6,916

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