fbpx

Greater Toronto Area Real Estate Update January 2024

As we step into the new year, it’s time for your monthly GTA real estate update. In January 2024, the markets in Mississauga, Toronto, Milton, and Oakville have seen intriguing developments. Let’s dive into the numbers*:

DECEMBER 11, 2024 – JANUARY 08, 2024

Mississauga Real Estate Trends

In the past month, the average house price in Mississauga stood at $1,004,728, with 462 new listings. The median days on market is 38 days. Here’s a snapshot of the latest housing prices:

Average Sold Price: $1,004,728

Monthly Change: + 1.8%

Quarterly Change: – 3.6%

Yearly Change: + 6.3%

Toronto Real Estate Trends

Toronto’s average house price for January 2024 is $1,004,758, accompanied by 1,942 new listings. Homes in Toronto are spending a median of 39 days on the market. The recent housing prices are as follows:

Average Sold Price: $1,004,758

Monthly Change: – 4.4%

Quarterly Change: – 13.6%

Yearly Change: + 2.5%

Milton Real Estate Trends

Milton recorded an average house price of $1,051,839, with 120 new listings in the past month. Homes in Milton have a median days-on-market of 39 days. Here’s a glimpse of recent housing prices:

Average Sold Price: $1,051,839

Monthly Change: + 8.3%

Quarterly Change: + 0.1%

Yearly Change: – 3.9%

Oakville Real Estate Trends

Oakville’s average house price reached $1,695,227, accompanied by 252 new listings. Homes in Oakville are spending a median of 42 days on the market. Recent housing prices are as follows:

Average Sold Price: $1,695,227

Monthly Change: + 12.4%

Quarterly Change: + 14.4%

Yearly Change: + 16.3%

These figures offer a comprehensive view of the current real estate landscape across the GTA. If you have any questions or if there’s a specific area you’d like more information on, feel free to reach out.

 

*The information provided is sourced from Zolo.ca and is intended for informational purposes only. Please consult with a qualified real estate professional for personalized advice and guidance.

Join The Discussion

Compare listings

Compare
× Chat With Hassan!