Upper Erin MillsHousing market

Upper Erin Mills

Upper Erin Mills Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

8

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.

50

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*

100 active

New

62(+5.08% YoY)

Relisted

3(-40.00% YoY)

Compared to number of active, same period, in 2024: 50, in 2023: 28, in 2022: 12

Total Sold Listings*

13 sold

Median Sold Price

$883,888

Avg Days on Market

50 days

Median Bidding

-$10,000

Compared to number of sold, same period, in 2024: 28, in 2023: 23, in 2022: 53

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Upper Erin Mills - All types

Sold vs Active vs New vs Relisted - Upper Erin Mills - All types

Sold Price Distribution - Upper Erin Mills - All types

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

Property Type Distribution - Upper Erin Mills - All types

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

Median Price - Upper Erin Mills - All types

Just listed - Upper Erin Mills

Home with brick exterior material, street for 4493 Badminton Dr, Mississauga Ontario L5M 3H2

1 day on market

Up to18K Cashback

4493 Badminton Dr, Mississauga

Detached4+242500-3000 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 5525 Creditrise Pl, Mississauga Ontario L5M 6E3

1 day on market

Up to11K Cashback

5525 Creditrise Pl, Mississauga

Semi-Detached3+14- sq ft

Listed by RIGHT AT HOME REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 4640 Kimbermount Ave #103, Mississauga Ontario L5M 5W6

2 days on market

Up to4K Cashback

4640 Kimbermount Ave #103, Mississauga

Condo12600-699 sq ft

Listed by ONE PERCENT REALTY LTD.

Just sold - Upper Erin Mills

Unknown for 2891 Rio Crt #143, Mississauga Ontario L5M 0S3

Sold 6 days ago

Sold for $460,000

$9K below asking

2891 Rio Crt #143, Mississauga

Condo11500-599 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Living room with furniture, unknown for 5594 Highbank Rd, Mississauga Ontario L5M 6E4

Sold 10 days ago

Sold for $1,095,000

5594 Highbank Rd, Mississauga

Semi-Detached3+14- sq ft

Listed by KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE

Unknown for 4675 Metcalfe Ave #107, Mississauga Ontario L5M 4N7

Sold 11 days ago

Sold for $601,399

4675 Metcalfe Ave #107, Mississauga

Condo22700-799 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Population and Demographics

Overview

Total population 37564

Average household income $143,613

Age (%)

0 to 19

23%

50 to 64

22%

20 to 34

20%

35 to 49

19%

65 and plus

16%

Household composition (%)

Single family

78%

Single person

19%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

48%

Mandarin

11%

Arabic

9%

Urdu

8%

Yue (Cantonese)

5%

Others

4%

Hindi

2%

Portuguese

1%

Punjabi (Panjabi)

1%

Tagalog (Pilipino, Filipino)

1%

House tenancy (%)

Owners

73%

Renters

27%

Top 4 Schools in Upper Erin Mills

St Rose of Lima Separate School4590 The Gallops, L5M 3A9, Mississauga, ON

9.9/10

Public•JK-8

Our Lady of Mercy Elementary School5820 Glen Erin Dr, L5M 5J9, Mississauga, ON

8.1/10

Public•JK-8

Divine Mercy School2840 Duncairn Dr, L5M 5C6, Mississauga, ON

8/10

Public•JK-8

St Aloysius Gonzaga Secondary School2800 Erin Centre Blvd, L5M 6R5, Mississauga, ON

7.1/10

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

Few day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance