Mississauga Real Estate Market Report — May 2026
At a glance — May 2026
The Mississauga real estate market in May 2026 shows an average home price of $971,047 (-1% vs Apr 2026). Detached homes average $1,367,848, semi-detached $931,437, and condominiums $543,142. Average days on market: 30. Sales-to-new-listings ratio: 36% (buyer's market). Source: TRREB MLS data.
Mississauga's May 2026 market shows an average sold price of $971,047 across all property types (-1% MoM, -6.7% YoY). 568 homes sold, with an average of 30 days on market. New listings: 1,582. Active inventory: 2,465.
Mississauga Average Sold Price (All Types)
$971,047
-1% vs Apr 2026Mississauga Overall — May 2026
All property types, city-wide averages.
Avg. Detached
$1,367,848
Avg. Semi-Detached
$931,437
Avg. Condo/Apt
$543,142
Avg. Days on Market
30 days
Sales-to-Listings Ratio
36%
Buyer's Market
Month-over-Month
-1%Year-over-Year: -6.7%
New Listings
1,582
Homes Sold
568
Joe's Market Commentary
Joe Battaglia · REMAX Realty Specialists · 30+ years in Mississauga real estate
The Mississauga real estate market in May 2026 shows a continued trend of more new listings than sales, with 1,582 new listings and 568 homes sold. This results in a sales-to-new-listings ratio of 36%, indicating a buyer's market. Inventory levels are high with 2,465 active listings, and homes are taking an average of 30 days to sell. The overall average sold price across all home types has decreased slightly by 1% from April, now at $971,047.
Detached homes in Mississauga saw a small increase in the average sold price, moving up to $1,367,848 from $1,364,097 last month. Despite this slight month-over-month rise, the price is still significantly lower than May 2025’s average of $1,471,579. The detached segment remains competitive, but the high inventory levels suggest that buyers have more options to choose from, which could be putting downward pressure on prices.
In the condo and semi-detached segments, we see mixed movements. The average sold price for condos decreased marginally to $543,142 from $546,984 in April, while semi-detached homes saw an increase to $931,437 from $921,700. Both segments are still below last year’s prices, with condos and semi-detached homes down from $584,398 and $985,660 respectively. Townhouses, on the other hand, experienced a notable increase from April, now at $935,588, but remain lower than last May's $1,015,595.
Comparing the market to May 2025, there is a clear downward trend in average sold prices across all segments. The overall market has seen a 6.7% decrease year-over-year. This decline is most pronounced in the detached home segment, which has dropped by over $100,000 on average compared to last year. The current market reflects a shift from the previous year, with increased inventory and longer selling times contributing to the price adjustments.
For buyers, the current market conditions offer more choices and potentially better negotiation opportunities due to the higher inventory and longer days on market. Be patient and do your homework to find the best deals. Sellers should be prepared for a more competitive environment and may need to be flexible with pricing to attract buyers. Proper staging and marketing will be crucial to stand out in this buyer's market.
Frequently Asked Questions — May 2026
What is the average home price in Mississauga in May 2026?+
As of May 2026, the average home price in Mississauga is $971,047 across all property types, -1% vs apr 2026. Detached homes average $1,367,848, semi-detached $931,437, and condominiums $543,142. Source: TRREB MLS data, Battaglia Team analysis.
How long does it take to sell a home in Mississauga in May 2026?+
The average days on market in Mississauga in May 2026 is 30 days. The sales-to-new-listings ratio is 36%, which TRREB classifies as a buyer's market.
Is Mississauga a buyer's or seller's market in May 2026?+
Mississauga is currently a buyer's market — the sales-to-new-listings ratio of 36% indicates supply outpacing demand. Year-over-year price change is -6.7% and month-over-month is -1%.
Where does this Mississauga market data come from?+
All statistics are sourced directly from the Toronto Regional Real Estate Board (TRREB) MLS system, with supporting data from CMHC, Statistics Canada, and the Bank of Canada. The report is authored by Joe Battaglia, a licensed REMAX broker with 30+ years of full-time Mississauga real estate experience. Published 2026-06-18.
Questions About the Market?
Every property and situation is unique. Call or email Joe Battaglia for a private conversation about what these numbers mean for your specific goals.