Toronto Real Estate · Since 2007 — pocket by pocket

Market data

Erindale, Mississauga

Over the 12 months to November 2026, 168 homes closed in Erindale. They sold at an average of 96.2% of their asking price, and 10.1% of them sold for more than the seller asked.

Closed sales
168
Of asking
96.2%
Sold over ask
10.1%
Average price
$980,810
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Month by month

MonthSalesOf asking
Nov 20251697.2%
Dec 20251295.5%
Jan 20261399.0%
Feb 20268too few sales to average
Mar 20261394.4%
Apr 20267too few sales to average
May 20261596.1%
Jun 20261295.0%
Jul 20262395.7%
Aug 20261598.5%
Sep 20261795.7%
Oct 20261797.7%
These are closed sales, not asking prices. A closing is a fact; a list price is an opinion. The trade-off is timing — a sale closes about seven weeks after it goes firm, so this describes deals negotiated roughly six to seven weeks ago rather than what is happening on the street today.

What to take from it

With only 10.1% of homes selling above asking, list prices here are a starting point rather than a target. Buyers have room to negotiate; sellers should price against what actually closed nearby, not against what neighbours are asking.

Notes from the NestOnce a month I take the closed sales apart and write up what actually moved, neighbourhood by neighbourhood. Tell me the area you care about and the letter follows it. →

Figures are computed from closed sales only and exclude records withheld from public display. A sale closes roughly seven weeks after it goes firm, so these describe deals negotiated about six to seven weeks ago. Neighbourhood and property-type figures are shown only where at least 150 sales support them.

NestAbode · Stevie Crawford, Real Estate Broker, HouseSigma Inc. Brokerage · All neighbourhoods · Rents · Family guides · Guides · Home