August 2009 Market Update- Meadowvale / Streetsville

Average Price
July 2008- $364,331
July 2009- $388,642

Days on Market
July 2008- 29
July 2009- 24

Number of Sales
July 2008- 234
July 2009- 371

New Listings
July 2008- 482
July 2009- 353

Active Listings
July 2008- 740
July 2009- 313

July 2009 proved to be an excellent month for Home sellers in Meadowvale / Streetsville, with house and condo prices increasing dramtically. In a sharp contrast from 6 months ago, home buyers are growing more confident in the economy and the Mississauga real estate market, and are taking advantage of historically low interest rates.

The combination of more sales and fewer new listings means that Meadowvale is experiencing a sellers market, as there is a shortage of available condominiums, houses and townhouses for buyers to choose from. If you are considering selling your home this is a good time to take advantage of the market, to ensure you get the highest price possible for your home.