If you’re following the Greater Toronto Area market, August 2025 brought clear signals: more listings, softer prices, and a shift toward a buyer’s market. For Mississauga, many similar trends—with its own flavor. Here’s how things stand, what’s changing, and what to expect.

GTA Summary: What the Numbers Are Saying

  • Sales: 5,211 home transactions across the GTA in August 2025, up 2.3% from August 2024. 

  • New Listings: 14,038 new listings in August, an increase of 9.4% year-over-year. 

  • Active Listings: Climbing too — about 22.4% more active listings compared to August 2024. 

  • Average Price: $1,022,143 — down roughly 5.2% from August 2024. 

  • MLS HPI Composite Benchmark: Also down ~5.2% year-over-year. 

  • Days on Market: Homes are staying listed longer—average Property Days on Market (PDOM) and Listing Days on Market (LDOM) both up vs. last year.

Regional & Segment Notes (GTA)

  • City of Toronto: ~1,779 sales; average price about $992,085; median $800,000. 

  • York Region: ~994 sales; average ~$1,184,196; median ~$1,107,500. 

  • Peel Region: ~915 sales; average ~$960,351; median ~$890,000. 

  • Durham Region: ~676 sales; average ~$860,951; median ~$805,000. 

Detached homes are being hit harder in terms of price declines; more inventory is coming on across most property types. Sellers need to price more realistically and act quicker. Buyers have more choices, more time, and more leverage. 

Mississauga Snapshot: What’s Going On Locally

Mississauga broadly echoes GTA trends, but with some distinct points:

Property Type

# of Sales

Avg Price

Median Price

New Listings

Active Listings

All Types

426

$968,250

$908,500

1,328

2,568 

Detached

162

$1,362,799

$1,266,000

502

949 

Semi-Detached

61

$973,755

$938,108

158

228 

Townhomes

19

$965,579

$960,000

42

57 

Condo Apartments

116

$549,936

$519,000

403

— 

Key Takeaways for Mississauga

  • Detached homes remain the top tier (in terms of average price) and still dominate dollar volume. They lead in Mississauga both in average price (~$1.36M) and in buyer interest. 

  • Semi-detached and townhomes are more affordable alternatives; their averages are under $1M but still strong relative to many condo options. 

  • Condos offer the entry point: average ~$550,000, median ~$519,000. This is where many first-time buyers, downsizers or investors are looking. 

  • New and active listings in Mississauga are fairly elevated, giving buyers more options and more room to negotiate. 

What This Means If You’re Buying, Selling, or Watching

For Buyers in the GTA & Mississauga:

  • You’re in a better spot than recent years. Higher inventory + downward pressure on average prices = opportunity.

  • Detached homes may offer the biggest discounts (or require negotiation) but you’re seeing more potential value across semi-, townhome, and condo segments too, especially in Mississauga.

  • Be diligent: do your research, compare recent sales in neighbourhoods, inspect well; stronger negotiation means sellers will push harder on condition, timing, or repairs.

For Sellers:

  • Realistic pricing is critical. Overprice and you may sit on the market or have to drop significantly.

  • Speed and staging matter: first impression, good photos, strong marketing help more than ever.

  • Consider whether putting into the market sooner (before possible seasonal slowdown) gives you a better shot.

For Investors / Observers:

  • Watch interest rates and mortgage cost forecasts — even small shifts will shift buyer behaviour.

  • Pay attention to inventory trends — especially active listings and new listings in Mississauga and Peel.

  • Locations matter: detached homes in established neighbourhoods remain safer bets; condos and townhomes are higher risk but potentially higher reward (if priced right and in good areas).

Looking Ahead: What to Expect

  • If borrowing costs ease further, we might see more buyers come off the sidelines and push into market segments they’ve avoided recently.

  • Seasonal effects: fall typically cools off, so those thinking of buying may see better deals, but those selling may need to prepare for longer times.

  • Mississauga will likely continue to outperform or at least hold up better in segments like condos cooled elsewhere, given its amenity profile and proximity to Toronto.

Numbers tell us where the market is today — but your goals determine the right move. If you’d like to talk strategy for buying or selling in the GTA or Mississauga, I’m only a call away.

-David