Residential Sales & Avg. Sale Prices YTD

For the Niagara Region: Jan. 1, 2017 to Dec. 31-17 vs. Prior Year*

Sales and average prices are a measure of the last 12 months.

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

No. Unit Sales 2017

No. Unit Sales 2016

Avg. Sales Price 2017

Av. Sales Price 2016

% Change Avg. Sales Price

Fort Erie

655

823

$346,456

$272,006

27.4%

Fonthill/
Pelham

281

325

$547,267

$461,127

18.7%

Grimsby

460

550

$592,446

$471,376

25.7%

Lincoln

376

371

$511,714

$433,730

18.0%

Niagara Falls

1551

1972

$376,155

$324,567

15.9%

Niagara-on-the-Lake

350

431

$809,445

$625,747

29.4%

Port
Colborne/
Wainfleet

373

473

$339,124

$263,805

28.6%

St.
Catharines

2278

2529

$362,032

$298,724

21.2%

Thorold

425

454

$369,728

$296,358

24.8%

Welland

953

1016

$299,426

$237,878

25.9%

West
Lincoln

171

186

$547,094

$433,454

26.2%

Unit sales in Lincoln: up by 1%.

Unit sales are down in all other areas: Fort Erie (-20%), Fonthill/Pelham (-14%), Grimsby (-16%), Niagara Falls ((-21%), Niagara-on-the-Lake (-19%), Port Colborne/Wainfleet (-21%), St. Catharines -10%), Thorold (-6%), Welland (-6%) and West Lincoln (-8%).

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

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