Q1 2025 Trends You Need to Know
Have you noticed more "For Sale" signs popping up on your street? Open houses every weekend? Maybe even a neighbour you thought would never move is suddenly packing boxes?If you’re wondering what’s going on with Mississauga’s housing market right now, you’re not alone. The first quarter of 2025—covering January, February, and March—has been anything but boring.
In this post, we’re diving deep into the latest real estate stats, neighbourhood trends, and what it all means for buyers and sellers in Mississauga.
January 2025: A Busy Start to the Year
The year started with a bang.?? New listings jumped by 158.9% from December 2024, going from 421 to 1,090 homes hitting the market. That’s a big boost in inventory for buyers—especially for those looking in City Centre or Lorne Park.
?? Home prices rose as well. The average home price in Mississauga hit $1,047,020, with detached homes averaging $1,596,150—a 14.2% increase!
?? Sales also increased by 20.1%, with 346 homes sold, showing that buyers were still active, even in the winter cold.
But here’s where it gets interesting…
?? The sales-to-new-listings ratio was only 32%. For context, anything below 40% is considered a buyer’s market—meaning more homes are available than there are buyers, and that gives you negotiating power if you’re house hunting.
February 2025: A Cool Down Begins
After a red-hot January, February brought a shift.?? Economic uncertainty—including talk of U.S. tariffs and trade disruptions—caused some hesitation in the market.
?? Sales dropped by 27% across the GTA compared to February 2024, and Mississauga followed suit.
?? Active listings surged by 76% year-over-year, meaning more homes were sitting on the market longer.
?? The sales-to-new-listings ratio stayed low at 33%, keeping Mississauga in buyer’s market territory.
?? I worked with a young couple in East Credit who were able to tour several homes and successfully negotiate below asking price—something that was hard to do even a year ago.
?? For sellers, patience and presentation were key. Homes that were priced well and staged properly (think fresh paint and modern lighting) still moved.
March 2025: A Market Watching and Waiting
While March numbers are still being finalized, we’ve seen a trend of cautious optimism.Condos in areas like Hurontario and City Centre faced pressure as sales lagged behind other segments. But detached homes, particularly in family-friendly neighbourhoods like Clarkson and Meadowvale, continued to attract interest.
Final Thoughts: What Does This Mean for You?
? If you're a buyer:You’ve got more listings to choose from and stronger negotiating power—especially for condos and mid-range detached homes.
? If you're a seller:
The market is active, but pricing strategy and presentation matter more than ever.
Thinking of Buying or Selling in Mississauga?
Whether you’re ready to move or just starting to explore your options, my team and I are here to help you make sense of the numbers and the neighbourhoods.?? Book a call or send me a text—my contact info is below.
And if you found this helpful, feel free to share it with a friend or neighbour!
Watch Full Video on Youtube!
We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !