Update for Niagara Median Prices

Year-to-Date Median Sale Prices to November 29, 2014 vs. same time last year, plus

  • The number of sales YTD and if up or down from last year.

The Median Price differs from the Average Price

Where the median is the midpoint of the number of listings or sales, the average is the sum of the listed or sold prices divided by the total number of listings and sales respectively.

Year-to-Date Median Prices and No. of Sales:
to November 29, 2014
District No.Sold
2014
No. Sold +/- vs. Last Yr. Median Price
2014
Median Price
2013
% Change Median
Fort Erie 568 +48 $190,000 $180,000 6%
Fonthill/
Pelham
209 +21 $356,000 $341,500 4%
Lincoln 314 +25 $305,000 $294,000 4%
Niagara
Falls
1,054 +21 $220,000 $205,000 7%
Niagara-on-
the-Lake
287 +3 $425,000 $384,000 11%
Port Colb/ Wainfleet 337 +42 $180,000 $164,000 10%
St.
Catharines
1,568 +59 $229,500 $217,900 5%
Thorold 269 +38 $212,000 $215,000 -1%
Welland 707 +81 $186,500 $180,000 4%
West
Lincoln
61 -23 $330,000 $352,000 -6%

Source: Niagara Association of REALTORS® FUSION Software— though the information provided is deemed reliable, it cannot be guaranteed.

Number of Sales are Up in all MLS Districts except West Lincoln, with 23 less sales than in the previous year. Only West Lincoln (-6%) and Thorold (-1%) indicate a negative in their median sale price; all other districts are positive with highs in NOL +11% and Port at +10%...

Eugene Pilato

Eugene Pilato

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