Residential Sales & Avg. Sale Prices YTD

 

For the Niagara Region, Jan. 1, 2017 to Mar. 31, 2017 vs. Last Year*

Sales and average prices are only a measure of the last 3 months.

YTD to March 31, 2017 vs. Same time Last Year

No. Unit Sales 2017

No. Unit Sales 2016

Avg. Sales Price 2017

Avg. Sales Price 2016

% Change in Avg. Sales Price

Fort Erie

195

124

$338,055

$241,332

40.1%

Fonthill/Pelham

77

67

$541,521

$442,156

22.5%

Grimsby

110

139

$597,191

$439,280

35.9%

Lincoln

101

71

$511,343

$398,943

28.2%

Niagara Falls

406

373

$366,379

$297,474

23.2%

Niagara-on-the-Lake

95

94

$707,845

$569,125

24.4%

Port Colborne/Wainfleet

90

86

$329,507

$204,687

61.0%

St. Catharines

556

524

$339,997

$261,093

30.2%

Thorold

119

104

$368,827

$267,319

38.0%

Welland

227

173

$287,712

$227,364

26.5%

West Lincoln

41

36

$541,744

$397,194

36.4%

The number of unit sales is up in all districts except one: Grimsby unit sales are down about -21%. Niagara-on-the-Lake’s are up by 1%. The average sale price is up in all areas. The median price, though not displayed above is also up in all areas.*

*The above stats are based in whole or in part on MLS® System data owned by the Association covering January 1, 2017 to March 31, 2017 vs. January 1, 2016 to March 31, 2016.

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