Average Home Prices in Niagara for 2013

The chart shows the 12-Month Average Sale Price for Single Family Homes 2013 compared to 2012.

Average Sale Price for Single Family

Year-to-Date, January 1, to October 30 2013 vs. 2012

City or Area

Average Price 12 Mo’s

%’age Change

Jan 1-Dec 31, 2013

Jan 1-Dec 31, 2012

Fort Erie

$203,930

$203,147

0.39%

Fonthill/Pelham

$359,284

$332,695

7.99%

Lincoln

$312,990

$307,881

1.66%

Niagara Falls

$229,275

$219,606

4.40%

Niagara-on-the-Lake

$468,091

$447,928

4.50%

Port Colborne/Wainfleet

$200,614

$206,537

-2.87%

St. Catharines

$233,897

$228,189

2.50%

Thorold

$222,513

$208,045

6.95%

Welland

$187,704

$188,585

-0.47%

West Lincoln

$375,568

$331,336

13.35%

Source: Niagara Association of REALTORS®, FUSION Software.

Decreases in average price are indicated in Port Colborne/Wainfleet (-2.87%) and Welland, a slight (-.47%) Increases range from as low as .39% in Fort Erie to as high as 13.35% in West Lincoln.

Overall the number of sales in 2013 were up by 1.8% from 2012 .

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.

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