Average price of a condo dips below $500K in Mississauga

August brought some new numbers for those watching Mississauga’s real estate scene: sales dropped by 13%, and new listings fell 19.2%. The average property price now sits at $898,510. Detached homes are averaging $1,275,221, while condos have dipped below the half-million mark to $495,052. As someone who’s made the shift from real estate investing to guiding clients full time, I see these figures as a sign of a balanced market—offering opportunities for buyers and sellers willing to make informed moves. My experience navigating market shifts helps clients weigh these decisions with clarity.