12 Month Average Home Prices in Niagara

The chart shows the 12-Month Average Home Prices to March 29, 2014 compared to the same period in 2013.

12-Month Average Sale Price 2014 vs. 2013

Area

Avg. Price 2014

Avg. Price 2013

% Change

Fort Erie

$208,825

$201,294

3.74%

Fonthill/Pelham

$364,011

$344,307

5.72%

Lincoln

$316,578

$306,881

3.16%

Niagara Falls

$232,525

$221,977

4.75%

Niagara-on-the-Lake

$453,987

$443,269

2.42%

Port Colborne/Wainfleet

$201,442

$204,104

-1.30%

St. Catharines

$238,713

$227,907

4.74%

Thorold

$220,660

$210,266

4.94%

Welland

$189,137

$189,885

-0.39%

West Lincoln

$369,111

$348,279

5.98%

Source: Niagara Association of REALTORS® FUSION Software--
though deemed reliable cannot be guaranteed.

The average sale price is down by -1.30% in Port Colborne/Wainfleet and down negligibly by -0.39% in Welland. All other market areas are showing an increase with a low of +2.42% in Niagara-on-the-Lake and a high of +5.98 in West Lincoln.

Overall, the 12-Month Average Sale Price is up by +3.59%

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.

Joe Gonzalez

Joe Gonzalez

Sales Representative
CENTURY 21 Today Realty Ltd., Brokerage*
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