Peel · City guide
Mississauga
Canada's seventh-largest city — a full housing market of its own west of Toronto, anchored by Square One and the lakeshore.
Market data as of May 2026 · WOWA / TRREB · CREA, May 2026
Price snapshot
Average sold price
$971,047
−6.7% YoY
Benchmark price
$889,400
Source: WOWA / TRREB · CREA, May 2026. Figures shown as published — not rounded. Refreshed quarterly; this snapshot is dated May 2026.
Property-type spread
Mississauga's average sold price was $971,047 in May 2026, with a benchmark (typical) home at $889,400 (WOWA / TRREB · CREA, May 2026). GTA-wide benchmarks for context: $1.36M detached and $639K condo (TRREB, May 2026).
GTA benchmark · context
- GTA average
- $1,069,700−4.6% YoY
- Detached
- $1.36M
- Semi-detached
- $1.07M
- Freehold town
- $916K
- Condo
- $639K
TRREB Market Watch, May 2026. GTA-wide context — not Mississauga figures.
The 2026 market
- The Bank of Canada has held its policy rate at 2.25% — its fourth consecutive hold.
- Prices are down year-over-year, but spring sales are recovering.
- Buyers have leverage right now — many are negotiating below list.
- Condos are under the most price pressure of any segment.
An honest read of the market — not a “prices are soaring, buy now” pitch. The job is to price and negotiate to where the market actually is.
Sources: Bank of Canada (2026) · TRREB Market Watch (2026)
The insider read
✎ TODO · Alex
Add one specific thing a non-local wouldn't know about Mississauga — a pocket, a street, a school-boundary quirk. The detail that proves first-hand knowledge.
Who Mississauga is for
✎ TODO · Alex
Who thrives in Mississauga — the buyer profile this market actually fits.
Who it's not for
✎ TODO · Alex
Be honest about who should look elsewhere — the trade-offs Mississauga asks for.
Mississauga — questions buyers ask
- What is the average home price in Mississauga in 2026?
- $971,047 in May 2026, down 6.7% year-over-year (WOWA / TRREB · CREA, May 2026).
- Is it a buyer's or a seller's market in Mississauga right now?
- Buyers have leverage. Prices are down year-over-year and many buyers are negotiating below list, with condos under the most pressure. The Bank of Canada has held its rate at 2.25% — a fourth consecutive hold — and spring sales are recovering (Bank of Canada, 2026; TRREB, 2026).
Thinking about Mississauga? Better call Goodman.
I'll pull the comps for your exact street and come back with a plan — one to two business days.