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May 2016 Regional Residential Statistics

Rising Prices, Brisk Sales have resulted in a very HOT market for the month of May. May 2016 Regional Residential MLS Sales May 2016 Regional Residential Market Update May 2016 Regional Residential Infographic The average sale price for a single family residential home was $329,105 for the month compared to April at $317,322.  Year to date 2016 reported a $315,645 average sale price versus $273,853 for the same period in 2015 an increase of 15.3%.  Sales activity has continued to rise with May exceeding April by 10% & year to date we were above last year by 23%.  There were
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Niagara Housing Sizzles

Brad Johnstone is on the front lines of a hot Niagara real estate market. http://www.stcatharinesstandard.ca/2016/05/16/niagara-housing-sizzles
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The Spring Real Estate Market Is In Full Swing

April Residential Market Reports – Provided By Royal LePage Niagara Real Estate Centre (Click To Open) Regional Residential MLS® Market Report Royal LePage Niagara Market Update Royal LePage Niagara Regional Infographic Average sale prices continued to climb throughout the region with April sitting at $317,322 compared to the year to date average of $309,114.  The number of residential sale units were up 26% over last year and we expect this trend to continue for at least the next few months. New listings were still lower than expected creating a shortage of available properties for home buyers.  The sales to listing
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ROYAL LEPAGE NIAGARA IS REPORTING A HOT SPRING MARKET!!

Click Here To View The Full Regional Spring Market Report The 2016 real estate market in the Niagara region for the 1st quarter was very brisk with sales exceeding last year by 26%. Inventory levels are lower than normal for this time of year however Buyer demand has been high. The average sale price for a single family residential home was $306,238 up 14.4% over the 1st quarter of 2015. The Month of March continued its brisk pace with Sales units up 23% over last March while inventory levels for March showed only 1,491 active listings compared to the 2,129
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Royallepage.ca – 3 Million Visitors Per Month

Fully mobile and Google search optimized, royallepage.ca works for consumers and agents. For consumers, it’s often about researching to narrow down choices based on price and neighbourhoods. We deliver keyword search features; an option to create an account to save searches and receive updates, and; detailed neighbourhood information including our soon-to-be-added commute calculator. For agents, it’s about lead generation resulting from SEO and opportunities to present themselves as professionals who are capable and ready to help. Visit royallepage.ca 
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