April 2018 Residential Statistics

Check out this April’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 3.2 months of supply in Niagara + Dunnville, and 2.6 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.

St Catharines average sale price rose 5.5% and unit sales fell 23.5%.

Niagara on theLake saw a 51.5% drop in unit sales, and a 1.2% decrease in average sale price.

Niagara Falls’ average sale price increased 1.2% and unit sales fell 26.3%.

Fort Erie had a 26.3% decrease in unit sales, and a 8.0% increase in average sale price.

Thorold had a 39.2% decrease in unit sales over last year, and a 6.7% decrease in average sale price.

Pelham’s average sale price increased 12.2% and unit sales decreased 37.5%.

Welland also saw a 23.8% decrease in unit sales and an average sale price increase of 8.9%.

Port Colborne’s average sale price increase to 26.1% over last year, and unit sales fell 23.7%.

Lincoln saw 27.3% decrease in unit sales and an increase of 0.7% in average sale price.

West Lincoln had an 7.0% decrease in average sale price, and unit sales dropped 19.4%

Grimsby had a 4.5% decrease in average sale price and unit sales dropped 4.4%.

Dunnville had a decrease in unit sales at 40.6%, but average sale price rose 20.0%.

Hamilton’s average sale price dropped 0.8%, and unit sales dropped 33.0%.

Ancaster unit sales decreased 29.2%, and average sale price decreased 3.6% over last year.

Stoney Creek’s unit sales and average sale price dropped, unit sales down 24.0% average sale price down 9.5%.

 Residential Market Stats – APRIL 2018     April 2018 Residential Charts