Niagara MLS Unit Sales Sale Prices YTD

For the Niagara Region: from Jan. 1, 2019 to May 31, 2019
vs. the same period last year*

To May 31-19 vs. YTD Last Year

No. Unit Sales 2019

Composite Home Price Index

% Change in Sale Price

Sale Pr.
To
List Pr.
% 2019

HPI 2019

HPI 2018

Fort Erie

276

$322,700

$300,600

7.4%

95.22%

Fonthill/
Pelham

112

$572,100

$535,400

6.9%

95.99%

Grimsby

228

$568,200

$548,100

3.7%

97.44%

Lincoln

148

$528,500

$503,200

5.0%

98.67%

Niagara Falls

532

$373,700

$363,900

2.7%

97.70%

Niagara-on-the-Lake

106

$711,900

$682,000

4.4%

96.34%

Port
Colborne/
Wainfleet

150

$313,300

$293,900

6.6%

96.43%

St.
Catharines

889

$384,600

$363,400

5.8%

98.05%

Thorold

171

$356,800

$340,300

4.8%

98.27%

Welland

402

$324,400

$299,100

8.5%

98.95%

West
Lincoln

71

$517,900

$499,400

3.7%

97.40%

*The above stats are based in whole or in part on MLS® System data owned by the Association covering January 1, 2019 to May 31, 2019 YTD vs. January 1, 2018 to March 31, 2018 YTD.

The MLS® HPI differs from average sale prices

“The HPI is based on the value home buyers assign to housing attributes.

“This means that price changes calculated using the MLS®HPI are less volatile than those derived using…average and median, which can swing dramatically in response to changes with high-end or low-end sales volumes over time.”  Source CREA HPI.

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