Niagara Real Estate Statistics

St. Catharines, ON – October 9, 2018 – The Niagara Association of REALTORS® (NAR) reported 603 property sales processed through the NAR Multiple Listing Service (MLS®) system in September. This represents a 10.2% increase in sales compared to September of last year.

The average days on market increased 11.1% from 36 to 40 in the residential freehold market and increased 7.1% from 28 to 30 in the condominium market from this time last year.

The residential average sale price of $408,412 had an increase of 1.4% versus last September while the number of active residential property listings increased by 14.8% versus September 2017.

Year to date, residential property transactions total 5,018 v.s. 5,878 for 2017 and 4,585 in 2013. This represents a decrease of 14.6% versus 2017 and an increase of 9.4% versus 2013. Despite the trend of an increase in the average days to sell v.s 2017, it is worth noting that the current average of 37 days to sell is 33.9% lower versus the 56 average days to sell at this time in 2015. The sales price to list price ratio of 97.9% versus 100% in 2017 remains relatively steady.

“As the third quarter of 2018 comes to an end, this year’s statistics continue to demonstrate a morebalanced market v.s previous years. It is encouraging to see residential sales data become more
stable. Niagara Realtors® can now manage the expectations of their buyers and sellers more effectively. We believe that real estate in the Niagara market continues to be a great long-term investment.” saidStephen Oliver, President of the Niagara Association of REALTORS®.

Please refer to the accompanying charts for market activity in select areas in NAR’s jurisdiction.

Niagara Association of REALTORS® January 2018 Market Report

A REALTOR® WITH

'IN YOUR SHOES'

EXPERIENCE

BROKERAGE INFO

Roma Beaudoin is a sales representative with Keller Williams Complete Niagara Realty serving clients in the Niagara Region.

ADDRESS:

87 Lake Street
St. Catharines, ON | L2R 5X5

Phone:

905-688-6688

E-mail:

admin@kwniagara.com

REALTOR® INFO

Real Estate Agent with Keller Williams Complete Niagara Realty, Brokerage

ROMA BEAUDOIN

Sales Representative

  • 905-401-8904
  • roma.beaudoin@kw.com

GET IN TOUCH

©2020 Roma Beaudoin. All rights reserved. Privacy Policy DISCLAIMER: All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.