October 2020 GTA and Mississauga Market Update

Steven Ho Market Update

The October market numbers are finally in. As we head into the colder months and are currently going through the second wave of the pandemic, we are experiencing a lot of change in the market compared to what we saw during the summer months.

Click on this video to find out what exactly is going on within the GTA and city of Mississauaga, as well as how you can take advantage of the market during this time.

Here are the numbers you need to know for the month of October:

The months of inventory for the GTA during the month of October sat at 1.63, whereas the City of Mississauga housing is selling even faster, as the months of inventory sits at 1.61. That essentially means that all housing segments are sold just within a month and a half!

Homes in the GTA are selling on average at 106% of asking price, while here at the Mister Sauga Real Estate Team, our listings are selling at 113%, which is 7% MORE!

SELLERS

If you're thinking of cashing out, you need proper guidance to capitalize in a hot market. Average agents are selling their listings for 106% of asking price. Here, at Mister Sauga Real Estate, we are selling for 113% of asking price (7% MORE for your largest investment)

BUYERS

We helped 16 buyers last year win in an extremely competitive market, so get into the market before you get priced out!

If you're thinking of making a move, we're here to help! Contact us today to get started!

Call or text 647-504-0690
Email: steven@mistersauga.ca