Mississauga Real Estate Market Report

The Mississauga, Ontario real estate market is currently classified as a balanced market. The MLS composite benchmark price is $953K, down 7.1% year-over-year.

There are currently 106 active listings. Inventory has decreased 92.2% compared to last month.

Currently, listings spend an average of 39 days on market and the average price per square foot is $519.

Board Data vs Our Listings

MetricMississauga Real Estate BoardOur Listings
Benchmark / Median Price$953K$845K
Active Listings106106

Detached properties make up the largest share of the Mississauga market at 49% of active listings with an average price of $1.7M. Condo listings follow at 51% (avg $628K).

Sales Activity & Absorption

Volume

56
New (30d)
10
New (7d)
39
Avg DOM
56
New (30d)

Market Signals

0
Price Cuts (30d)
10
New (7d)
0
Price Cuts
10
New (7d)

56 new listings appeared in the past month.

Mississauga Real Estate Board Monthly Report

“We’ve been seeing small glimpses of rebounds in sales activity here and there, but nothing sustained. Meanwhile, on the supply side, there’s definitely been a reduction in the number of sellers testing the market since the beginning of the year,” said Bill Duce, CEO of Cornerstone. “Overall inventories are moving sideways at the moment as supply and demand are roughly balanced, a welcome change from the trends over the past two years that saw supply levels rise to their highest since 2009 around the same time last year. In the absence of stronger demand, we’re just looking for a moderation in supply as buyers still haven’t found their footing back in the market.”

Mississauga Area Highlights:

  • Mississauga sales increased by 8.2% from June 2025.

  • The number of new listings decreased 11.2% on a year-over-year basis.

  • The Mississauga Home Price Index (HPI) was $953,400 in June 2026, a decrease of 0.2% month-over-month, and down 7.1% on a year-over-year basis.

  • The total months of inventory was 4.6 at the end of June 2026, down from 5.5 months at the end of June 2025.

Source: Mississauga Real Estate Board, June 2026

Neighborhoods

AreaListingsAvg Price
0060 - Streetsville11$768K
0010 - Lisgar10$1.2M
0240 - Cooksville9$580K
0120 - Clarkson8$3.3M
0210 - City Centre8$501K
0040 - Meadowvale7$927K
Lakeview6$995K
0150 - East Credit5$1.6M
0020 - Churchill Meadows5$1.0M
0130 - Lorne Park5$2.1M
0200 - Hurontario5$559K
Avg 3 schools nearbyAvg 8 parks nearbyAvg 14 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $845K, 20% down, 25yr amortization
$3,932/mo
at 4.95% variable rate

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 106 active listings with a median price of $845K.

According to Mississauga Real Estate Board, the composite benchmark price is $953K (-7.1% year-over-year).

  • Prices declining (-26% in 30 days)
  • Low price reduction rate (0% of listings)
  • Average price per square foot is $519

For Buyers

The Mississauga market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 10 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Mississauga Real Estate Board. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of July 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.

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