Market Update – West GTA

Market in the West GTA continues to maintain its hot trajectory from 2013.

Mississauga Active Listings 1,842, Sold in Mar 890, Inventory 2.1 months
Brampton Active Listings 1,366, Sold in Mar 735, Inventory 1.9 months
Oakville Active Listings 616, Sold in Mar 271, Inventory 2.3 months

Median price in Mississauga and Brampton rose by 3% from this time last year, while Oakville saw an increase of 8%. Number of units sold are roughly the same with the exception of Oakville where there is a 23% increase in volume.
The market remains hot from last year, which means that homes that are priced right and show well are being scooped up at the same pace. If you are thinking of moving into a different area or larger home, this market provides the predictability that permits you to make your move with confidence.