We have seen a dramatic change over the past 6 months in Erin Mills. We have seen a strong buyers market change to a strong sellers market.
Over the past couple of years you heard how prices and sales of real estate in Erin Mills had been diminishing. During the past 6 months we have seen a full recovery and more. Our prices are up over 5% from this period last year. Sales are up over 260% which has driven inventory down by 54%
Homes are on the market 38% less time than last year and we are seeing sellers get 99% of asking price.
So what does this mean? It means if you are thinking of selling get your home on the market today. Ride the wave that we are experiencing as we have no idea how long it will last. For buyers make sure you have a realtor looking for you as there are deals to be found but the best deals are selling in days. First time buyers get pre-approved now so you can act quickly; know what you can afford and not lose out to someone who has their mortgage financing in place.

 For more information about Erin Mills and any other neighbourhood in Mississauga or the GTA give me a call directly : 416-573-6122