Mississauga vs Toronto
Side-by-side Real Estate market comparison, Ontario, Canada
| Metric | Mississauga | Toronto |
|---|---|---|
| Active Listings | 2,405 | 9,655 |
| Sold (12 mo) | 5,337 | 23,600 |
| Median Price | $870K | $825K |
| Average Price | $957K | $1.05M |
| Avg Days on Market | 34 days | 33 days |
| SP/LP Ratio | 97% | 99% |
| Months of Inventory | 5.8 | 5.9 |
| Above Asking % | 15% | 22% |
| Below Asking % | 82% | 75% |
Frequently Asked Questions
Is Mississauga or Toronto more affordable?
The median home price in Mississauga is $870K compared to $825K in Toronto. Toronto is currently the more affordable market.
Which city has faster home sales, Mississauga or Toronto?
Homes in Mississauga sell in an average of 34 days compared to 33 days in Toronto. Toronto has a faster-moving market.
Is Mississauga or Toronto a buyer's market?
Mississauga has 5.8 months of inventory and Toronto has 5.9. A market with over 6 months of inventory generally favours buyers.