Mississauga Real Estate Market Report
Executive Summary
The Mississauga, Ontario real estate market is currently classified as a balanced market. The median asking price is $720K, down 24.8% over the past 30 days.
There are currently 79 active listings. Inventory has increased 139.4% compared to last month.
Currently, listings spend an average of 39 days on market and the average price per square foot is $558.
Detached properties make up the largest share of the Mississauga market at 48% of active listings with an average price of $1.5M. Condo listings follow at 52% (avg $649K).
Sales Activity & Absorption
Volume
Market Signals
46 new listings appeared in the past month.
Toronto Regional Real Estate Board Monthly Report
Greater Toronto Area (GTA) resale housing market conditions tightened in February 2026 compared to February 2025. While sales were down year-over-year, new listings declined by a greater annual rate. The dip in new listings is in line with recent polling results from Ipsos which show listing intentions are down for 2026.
“Many would-be homebuyers are waiting for selling prices to level off before moving into the market. If new listings continue to trend lower through the spring, competition between homebuyers will increase, supporting home prices and a recovery in sales,” said TRREB President Daniel Steinfeld.
“There is substantial pent-up demand in the GTA ownership market, with more than 100,000 buyers holding off on making a home purchase. Buyers are waiting for selling prices to level off and for positive news on the trade front. Once we see both, there could be substantial momentum driving home sales in the second half of this year and into 2027,” said TRREB Chief Information Officer Jason Mercer.
GTA REALTORS® reported 3,868 home sales through TRREB’s MLS® System in February 2026 – down by 6.3 per cent compared to February 2025. New listings entered into the MLS® System amounted to 10,705 – down by 17.7 per cent year-over-year.
On a seasonally adjusted basis, February home sales and new listings were down monthover-month compared to January 2026. New listings were down by a greater monthly rate than sales.
The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by 7.9 per cent year-over-year in February 2026. The average selling price, at $1,008,968, was down by 7.1 per cent compared to February 2025.
On a month-over-month seasonally adjusted basis both the MLS® HPI Composite and the average selling price were down compared to January 2026 figures.
“The long-term sustainability of the GTA housing market depends upon the industry’s ability to bridge the gap between condominium apartments and traditional single-family homes. TRREB, with its partners in the Housing Advancement Coalition, is urging the Federal and Provincial Governments to take immediate targeted action to pave the way for increased ‘missing middle’ home construction,” said TRREB Chief Executive Officer John DiMichele.
Source: Toronto Regional Real Estate Board, Invalid Date
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| 0200 - Hurontario | 8 | $880K |
| 0210 - City Centre | 7 | $576K |
| 0040 - Meadowvale | 6 | $989K |
| 0180 - Erindale | 6 | $1.5M |
| 0120 - Clarkson | 6 | $2.0M |
| 0230 - Mississauga Valley | 5 | $574K |
| 0080 - Erin Mills | 5 | $913K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Mississauga market currently has 79 active listings with a median price of $720K.
- Prices declining (-24.8% in 30 days)
- Low price reduction rate (0% of listings)
- Average price per square foot is $558
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS listings as of April 12, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.