FairviewHousing market

Fairview

Fairview Housing Market Report

Buyer's Market

All types - for the month of February

Buyer's market Seller's market

6

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

51

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

88 active

New

56(+93.10% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 37, in 2023: 17, in 2022: 7

Total Sold Listings*

16 sold

Median Sold Price

$653,500

Avg Days on Market

51 days

Median Bidding

-$9,000

Compared to number of sold, same period, in 2024: 12, in 2023: 12, in 2022: 21

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Fairview - All types

Sold vs Active vs New vs Relisted - Fairview - All types

Sold Price Distribution - Fairview - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Fairview - All types

Property type distribution based on data from the last 3 months.

Median Price - Fairview - All types

Just listed - Fairview

Unknown for 3695 Kaneff Cres #1602, Mississauga Ontario L5A 4B6

1 day on market

Up to6K Cashback

3695 Kaneff Cres #1602, Mississauga

Condo221200-1399 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Indoor foyer for 36 Elm Dr #906, Mississauga Ontario L5B 0N3

1 day on market

Up to6K Cashback

36 Elm Dr #906, Mississauga

Condo1+12600-699 sq ft

Listed by HOMELIFE FRONTIER REALTY INC.

Unknown for 1580 MIssissauga Valley Blvd #901, Mississauga Ontario L5A 3T8

1 day on market

Up to6K Cashback

1580 MIssissauga Valley Blvd #901, Mississauga

Condo2+121200-1399 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

Just sold - Fairview

Home with brick exterior material, street for 588 Fairview Rd, Mississauga Ontario L5B 3X3

Sold for $1,500,000

$100K below asking

588 Fairview Rd, Mississauga

Detached442500-3000 sq ft

Listed by SUTTON GROUP - SUMMIT REALTY INC.

Home with brick exterior material, street for 588 Fairview Rd Rd, Mississauga Ontario L5B 3X3

Sold 2 days ago

Sold for $1,500,000

$100K below asking

588 Fairview Rd Rd, Mississauga

Detached44+13843 sq ft

Listed by Sutton Group - Summit Realty Inc.

Unknown for 20 Mississauga Valley Blvd #1501, Mississauga Ontario L5A 3S1

Sold 4 days ago

Sold for $605,000

$6K above asking

20 Mississauga Valley Blvd #1501, Mississauga

Condo321200-1399 sq ft

Listed by RIGMAXX REALTY INC.

Population and Demographics

Overview

Total population 32119

Average household income $101,549

Age (%)

20 to 34

26%

35 to 49

22%

0 to 19

19%

50 to 64

18%

65 and plus

16%

Household composition (%)

Single family

62%

Single person

31%

Multi person

6%

Multi family

1%

Mother tongue (%)

English

45%

Arabic

11%

Urdu

6%

Mandarin

5%

Tagalog (Pilipino, Filipino)

4%

Spanish

4%

Hindi

3%

Yue (Cantonese)

3%

Polish

3%

Tamil

2%

Portuguese

1%

Others

1%

House tenancy (%)

Owners

59%

Renters

41%

Top 3 Schools in Fairview

St. Giovanni Scalabrini Catholic School School225 Central Pkwy W, L5B 3J5, Mississauga, ON

6.5/10

Public•JK-8

St Philip Elementary School345 Fairview Rd W, L5B 3W5, Mississauga, ON

6.2/10

Public•JK-8

Father Michael Goetz Secondary School330 Central Pkwy W, L5B 3K6, Mississauga, ON

5.1/10

Public•9-12

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

4/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance