Update on Sales & Prices in Niagara

Overall: Sales are Up by about 4.7%, and

Averages Prices are Up by about 6.26%

MLS Residential Sales: 12 Months to July 2014 vs. to July 2013

Chart Compares No. of Sales and Avg. Price Year over Year

District

Sales to July ‘14

Change in Sales

Avg. Price July 2014

Avg. Price July 2013

%'age Change

Fort Erie

568

+5.2%

$212,570

$204,078

+4.16%

Fonthill/
Pelham

219

+4.3%

$360,808

$352,539

+2.35%

Lincoln

343

+22.5%

$326,499

$310,572

+5.13%

Niagara Falls

1,092

+2.5%

$235,262

$224,758

+4.67%

Niagara-on-the-Lake

287

-2.0%

$494,760

$409,806

+20.7%

Port Colborne/
Wainfleet

329

+5.1%

$213,375

$201,070

+6.12%

St. Catharines

1,583

+1.4%

$240,677

$230,285

+4.51%

Thorold

272

+9.7%

$223,546

$217,547

+2.76%

Welland

712

+8.5%

$191,680

$188,758

+1.55%

West Lincoln

74

+10.4%

$374,304

$364,696

2.63%

Source: Niagara Association of REALTORS® FUSION Software--
though deemed reliable cannot be guaranteed.

Note: The average 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 prices may differ from the overall averages indicated in the chart above.
 

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