Residential Sales to March 31-18 for Niagara

Residential Sales & Avg. Sale Prices YTD

For the Niagara Region: Jan. 1, 2018 to Mar. 31-18 vs. Prior Year*

Average prices reflect the first 3 months of 2018 as they are not a 12-month average.

YTD to Mar 31, 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

123

195

$361,894

$338,357

7.0%

Fonthill/
Pelham

39

77

$613,139

$541,521

13.2%

Grimsby

109

109

$554,476

$597,166

-7.1%

Lincoln

68

101

$523,415

$519,957

0.7%

Niagara Falls

301

408

$379,546

$366,558

3.5%

Niagara-on-the-Lake

43

95

$727,000

$707,324

2.8%

Port
Colborne/
Wainfleet

65

92

$414,566

$327,551

26.6%

St.
Catharines

424

554

$365,596

$339,791

7.6%

Thorold

73

120

$342,884

$369,175

-7.1%

Welland

170

232

$321,348

$288,510

11.4%

West
Lincoln

36

41

$504,292

$535,159

-5.8%

Unit sales: No change for Grimsby from last year.

Unit Sales are Down in Other areas: Fort Erie (-37%), Fonthill/Pelham
(-49%), Niagara Falls ((-26%), Niagara-on-the-Lake (-55%), Port Colborne/Wainfleet (-29%), St. Catharines (-23%), Thorold (-39%), Welland
(-27%) and West Lincoln (-12%).

*The above stats are based in whole or in part on MLS® System data owned by the Association covering January 1, 2018 to Mar. 31, 2018 vs. January 1, 2017 to Mar. 31, 2017.

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