Quick Takes from this month's report
- The single-family luxury market is a Buyer's Market with a 7% Sales Ratio.
- Homes sold for a median of 91.84% of list price in December 2024.
- The most active price band is $4,500,000-$5,099,999, where the sales ratio is 33%.
- The median luxury sales price for single-family homes is $2,750,000.
- The median days on market for December 2024 was 74 days, up from 52 in December 2023.
- The attached luxury market is a Balanced Market with a 20% Sales Ratio.
- Homes sold for a median of 97.95% of list price in December 2024.
- The most active price band is $900,000-$924,999, where the sales ratio is 150%.
- The median luxury sales price for attached homes is $920,000.
- The median days on market for December 2024 was 43 days, down from 44 in December 2023.
| Attachment | Size |
|---|---|
| ILHM_Luxury_Report_ON_Mississauga_Jan2025.pdf | 589.4 KB |