Mississauga Real Estate Market in June 2025: Continuing Buyer’s Market Conditions with Some Improvement

The Mississauga housing market in June 2025 continued to exhibit the characteristics of a buyer’s market, with declining sales, softening prices, and rapidly growing inventory. The month did show some improvements in sales over the previous month, but the overall trend remains one of sluggish activity and increasing supply.

Sales

Through the MLS® System in Mississauga in June 2025, there was a 4.3% decline in sales from June 2024. This marks one of the weakest Junes on record, with sales 22.3% below the five-year average and 34.2% below the ten-year average for the month. 

Despite this, the month-over-month trajectory showed a small rebound. Seasonally adjusted sales activity rose by 7.1% from May to June 2025. Moreover, the year-over-year decline in June (-4.3%) was notably less severe than May’s drop of 20%.

Over a broader period, year-to-date sales for the first six months of 2025 totalled 2,662 units, representing a 17.7% decline compared to the same period in 2024. 

Source: Cornerstone Association of Realtors

Prices

Home prices in Mississauga have now logged three consecutive months of year-over-year declines greater than five percent. In June 2025, the MLS® Home Price Index (HPI) composite benchmark stood at $1,024,900, down 6% from June 2024. This continues the softening trend observed in May 2025, when the benchmark price dropped 5.9% from May 2024.

Price reductions were most pronounced in the single-family segment. In June 2025, single-family homes had a benchmark price of $1,283,000, for an 8.2% year-over-year drop. Townhouses and row units saw a more modest decline of 2.2%, with a benchmark price of $801,700, and apartments recorded a 3.9% decrease, with a benchmark of $630,700.

Inventory and Supply

The supply side of the market saw continued escalation, with the number of new listings added in June 2025 rising by 16.8% over June 2024. This was also 14.5% higher than the five-year average.  

Active listings rose even more dramatically. At the end of June, there were 2,905 homes available for sale, a 42% increase year-over-year and the highest level for June in more than 15 years. 

This is a result of a trend of building up; May 2025 saw 1,994 new listings, up 19.3% year-over-year, and 2,800 active listings, up 51.5%. This meant June maintained high numbers even though the percentage increases tapered slightly. 

The months of inventory stood at 5.5 months at the end of June 2025. This is a sharp increase from 3.7 months in June 2024, and far above the long-run June average of 2.3 months. Notably, this figure remained unchanged from May 2025, which also recorded 5.5 months of inventory, compared to the May long-run average of 2.1 months. 

Buyer’s Market

While June 2025 saw a slight improvement in sales momentum compared to the steeper declines of May, the broader market remains favourable to buyers, with more choice and moderating prices.