Fairview, Mississauga, On ~ Townhome Market Update January - December 2013.

Fairview, Mississauga, On ~ Townhome Market Update January - December 2013. 

Fairview, Mississauga, On Is Located In A Prestigious Area Of Mississauga,  sitting between the major intersections of Hurontario Street North  and Fairview Avenue. 

Fairview, Mississauga, On experienced strong sale in 2013, which may have been contributed to its prime location within minutes to Cooksville Go Train Station, approx. 5 minutes’ drive to Square One Shopping Mall and 10 minutes drive to Dixie Outlet Mall. This community boast easy access to Banks, Public transportation, Schools, Parks, Major Highways and direct bus service to University Of Toronto Mississauga Campus and Sheridan College/Hazel Mccallion Campus at Square One. 

Just 5minutes drive to the downtown core of Mississauga will be entertainment, dining and shopping. Downtown Mississauga has the following services available: Mississauga Central Branch Library, Mississauga Celebration Square, YMCA, , The Living Arts Centre, Mississauga Civic Centre and Movie Theatres Square One. 

                 Mississauga City Hall           Square One Shopping Centre            Dining

Snapshot of Fairview, Mississauga, On Townhome Sales Trends

How Did The Market Do Over The Last 12 Months?

(January 2013 – December 2013) 

Summary: The 2013 Sales were strong with the average sale price of $334,682 which represents an 11% increase over the same period in 2012. The biggest change occurred in the number of units that sold. In 2013 twelve units sold, compared to the total of five that sold in 2012. That’s a whopping 240% increase!

 
Point Of Interest: The median sale price in 2013 rose by 22% from $273,750 in 2012 to $334,000 in 2013. The median sale price means: half of the townhomes sold were below and half were above the sale price of $334,000 in 2013.  

What Does All This Mean For Sellers In 2014?

It’s important to seek the services of a local Realtor that understands the market trends and conditions especially supply and demand factors in order to sell your townhome for the highest price possible, as quickly as possible! 

What Does All This Mean For Buyers In 2014?

There are always opportunities available, especially in the off peak seasons where great deals can be found. Seek the services of a local Realtor that specializes in the Fairview area of Mississauga to take advantage of market conditions.

Important Note: All Stats are as per reported in The Toronto MLS. The information provided is for information purposes only and should not be used as an indication of your home’s value. There are several factors to be considered e.g. current market conditions, upgrades, floor plans etc. that will need to be taken into account to arrive at fair market value for your home. Hence the value of your home could vary significantly from the average sale price. To Get A FREE Online Current Market Analysis of your home please visit: www.GetMyMississaugaHomeValue24Hours.com