Residential Sales Avg. Sale Prices to Feb 29 2016

For the Niagara Region to February 29, 2016

Chart below shows the number of sales and average sale prices year-to-date to Feb. 29, 2016 compared to same time last year.

YTD to Feb. 29 , 2016 vs.YTD Last Year

Units Sold YTD 2016

Units Sold YTD  2015

Avg.
Sales
Price YTD  2016

Avg.

Sales

Price YTD
2015

% Change to Price YTD

Fort Erie

69

65

$255,106

$208,525

22%

Fonthill/
Pelham

42

29

$422,696

$402,128

5%

Lincoln

43

47

$364,607

$331,800

10%

Niagara Falls

221

164

$280,439

$246,770

14%

Niagara-on-the-Lake

46

40

$601,377

$537,997

12%

Port
Colborne/
Wainfleet

49

35

$198,369

$187,251

6%

St.
Catharines

298

269

$249,909

$249,522

0%

Thorold

63

43

$255,839

$213,239

20%

Welland

100

106

$228,584

$209,976

9%

West
Lincoln

13

5

$513,984

$346,080

49%

Source: Niagara Association of REALTORS® — information is deemed reliable but should not be relied upon without independent verification.

About Average Prices Above: The percentage change in average sale prices shown above only accounts for 2 months of sales for 2016 compared to same the time last year. The 12-month average is a more meaningful determinant of percentage change to sale prices, see below.

12-Month Average Sale Prices (% Change): Fort Erie 6.8%; Fonthill/Pelham 5.1%; Lincoln 13%; Niagara Falls 11.6%; Niagara-on-the-Lake 6.5%; Port Colborne/Wainfleet 2.7%; St. Catharines 7.4%; Thorold 6.9%; Welland 10.6%; West Lincoln 15.3%. Click here for Full Report

Paul Houlachan

Paul Houlachan

Sales Representative
CENTURY 21 Today Realty Ltd., Brokerage*
Contact Me

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