Royal LePage Niagara Real Estate Centre, Brokerage Residential Real Estate Market Statistics for October 2014. Niagara Association of Realtors® / Realtors® Association of Hamilton & Burlington. Helping You Is What We Do.

Contact Your Royal LePage Niagara Realtor® for detailed statistics.


Christmas Came early for the Niagara Real Estate Market!

The November sales volume in the region for residential properties exceeded last years unit sales by more than 20%.

St Catharines saw a 60% increase in the monthly sales this November over the sales reported for the same period last year.

Year to date the market is up 8% in unit sales and the average sale price rose 5.3%

Overall, the real estate market in the Niagara Region is balanced, however, Grimsby, Stoney Creek & Smithville are experiencing a stronger sellers market due to a lack of inventory.

District Average Sale Price % Over 2013 Unit Sales % Days On Market Days of Inventory Listings To Sales Ratio
St.Catharines $236,524 4.6% 7% 42 2.8 months 63%
Thorold $225,037 2.0% 17% 60 4.8 months 59%
Niagara Falls $240,644 6.0% 4% 61 4.8 months 62%
Niagara On The Lake $482,372 2.8% 6% 89 7.1 months 44%
Fort Erie $217,625 6.3% 5% 90 8.6 months 53%
Port Colborne $215,073 5.3% 15% 3.9 months 61%
Welland $197,412 5.4% 12% 59 4.1 months 66%
Fonthill / Pelham $376,943 7.7% 7% 72 8.7 months 51%
Lincoln $350,853 10.7% 7% 45 4.5 months 75%
Grimsby $369,008 4.4% 6% 45 3.5 months 73%
Stoney Creek $358,033 9.5% 19% 40 2.4 months 71%
Smithville $299,142 11.7% 26% 16 5.5 months 93%
Dunnville $232,784 5.6% -1% 97 7.6 months 63%

Carriage Trade and the Royal LePage Niagara Luxury Program is an exclusive real estate service for the most distinguished homes for sale in the region.

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