Average Home Prices in Niagara for 2013

The chart shows the 12-Month Average Sale Price for Single Family Homes 2013 compared to 2012.

Average Sale Price for Single Family

Year-to-Date, January 1, to October 30 2013 vs. 2012

City or Area

Average Price 12 Mo’s

%’age Change

Jan 1-Dec 31, 2013

Jan 1-Dec 31, 2012

Fort Erie

$203,930

$203,147

0.39%

Fonthill/Pelham

$359,284

$332,695

7.99%

Lincoln

$312,990

$307,881

1.66%

Niagara Falls

$229,275

$219,606

4.40%

Niagara-on-the-Lake

$468,091

$447,928

4.50%

Port Colborne/Wainfleet

$200,614

$206,537

-2.87%

St. Catharines

$233,897

$228,189

2.50%

Thorold

$222,513

$208,045

6.95%

Welland

$187,704

$188,585

-0.47%

West Lincoln

$375,568

$331,336

13.35%

Source: Niagara Association of REALTORS®, FUSION Software.

Decreases in average price are indicated in Port Colborne/Wainfleet (-2.87%) and Welland, a slight (-.47%) Increases range from as low as .39% in Fort Erie to as high as 13.35% in West Lincoln.

Overall the number of sales in 2013 were up by 1.8% from 2012 .

Note: The average and median sale prices do not reflect the value of a particular home. This requires an analysis and comparison of similar homes sold. In certain areas of a city, market conditions and the average and median prices may differ from the overall average indicated in the chart above.

Eugene Pilato

Eugene Pilato

Broker of Record
CENTURY 21 Today Realty Ltd., Brokerage*
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