Residential Sales & Avg. Sale Prices YTD

For the Niagara Region: Jan. 1, 2018 to Feb 28-18 vs. Prior Year*

Average prices for 2 months do not reflect a 12-month average.

YTD to Feb 28, 2018 vs. Same time Last Year

No. Unit Sales 2018

No. Unit Sales 2017

Avg. Sales Price 2018

Av.
Sales Price 2017

% Change Avg. Sales Price

Fort Erie

75

109

$331,609

$323,659

2.5%

Fonthill/
Pelham

22

39

$724,132

$535,090

35.3%

Grimsby

63

60

$536,447

$532,209

0.8%

Lincoln

40

65

$527,258

$467,602

12.8%

Niagara Falls

173

232

$381,137

$357,685

6.6%

Niagara-on-the-Lake

23

42

$664,608

$626,120

6.1%

Port
Colborne/
Wainfleet

38

55

$427,688

$342,030

25.0%

St.
Catharines

244

305

$355,485

$324,229

9.6%

Thorold

43

74

$339,863

$356,501

-4.7%

Welland

101

137

$312,429

$272,358

14.7%

West
Lincoln

21

21

$524,538

$483,524

8.5%

Unit sales: Up 5% in Grimsby and even in West Lincoln.

Unit Sales are Down in Other areas: Fort Erie (-31%), Fonthill/Pelham (44%), Niagara Falls ((-25%), Niagara-on-the-Lake (-45%), Port Colborne/Wainfleet (-31%), St. Catharines (-20%), Thorold (-42%), and Welland (-26%).

*The above stats are based in whole or in part on MLS® System data owned by the Association covering January 1, 2018 to Feb. 28, 2018 vs. January 1, 2017 to Feb 28, 2017.

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