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.

Blog Archives

Tags