Market Update on Niagara Home Sales

The chart below shows Year-to-Date Average and Median Prices for Active and Sold Homes--to September 2013.

District

Listings

No.

Avg. Price

Median Price

Fort Erie

Active

411

$309,838

$229,900

Sold

430

$200,965

$179,500

Fonthill/Pelham

Active

148

$525,820

$454,900

Sold

144

$362,925

$346,000

Lincoln

Active

56

$478,125

$403,150

Sold

67

$319,630

$299,000

Niagara Falls

Active

485

$327,936

$264,800

Sold

804

$225,924

$199,000

Niagara-
on-the-Lake

Active

281

$646,146

$525,000

Sold

238

$427,809

$380,000

Port Colborne/
Wainfleet

Active

203

$285,982

$215,000

Sold

216

$190,059

$159,500

St. Catharines

Active

416

$304,805

$241,950

Sold

1,204

$233,815

$217,450

Thorold

Active

100

$289,601

$249,900

Sold

183

$217,830

$215,000

Welland

Active

265

$223,354

$189,900

Sold

493

$190,950

$183,000

West Lincoln

Active

5

$379,880

$379,900

Sold

7

$380,357

$351,000

Source: Niagara Association of REALTORS®, FUSION Software.

Where the median is the midpoint of the number of sales, the average is the sum of the sold prices divided by the total number of sales.  

Note: The average and median sale prices do not reflect the value of a particular home. This requires a 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*
Contact Me