How’s The Single Family Market

Market Overview for Single Family Residential in Niagara Year-to-Date Numbers to End of Nov. 2010

Overall, the number of listings is up in all cities by 3.6%. Only in Pelham/Fonthill listings are down by 4.7% YTD.

The 12-month average sale overall is up by 5.07%. It’s only down in Port Colborne/Wainfleet by -.45%.

Overall, the number of sales YTD is up by about 3.64%. See breakdown per city below.

Sales to Nov. 30, 2010 YTD

Area

YTD 10

YTD 09

% Change

NOL

217

224

-3.1%

Niag. Falls

1008

918

9.8%

Fort Erie

447

448

-0.2%

St. Catharines

1497

1489

0.5%

Thorold

265

226

17.3%

Pelham/ Fonthill

191

199

-4.0%

Welland

699

666

5.0%

Port/ Wainfleet

288

299

-3.7%

Linc/West Linc

251

223

12.6%

Total

4863

4692

3.64%

As the chart shows, sales are down in Niagara-on-the-Lake by -3.1%, Fort Erie by -0.2%, Pelham/Fonthill by -4% and Port Colborne/Wainfleet by -3.7%.

 (Source: MLS® Statistics Report, NAR)

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