Summer is upon us and things are heating up!

Increases in both unit sales and average sale price bring us into a strong summer market.

The Niagara Region had a total of 6% increase in unit sales, and an 8% increase in average sale price YTD for the month of June. Compared to last year, there was an 8% increase in listings in the region. Residential properties averaged 39 days on market and $327/sqft. With only 3 months of supply left, we are in a seller’s market!

Hamilton, Ancaster and Stoney Creek had a total of 12% increase in unit sales, and a 5% increase in average sale price YTD for the month of June. Compared to last year, there was a 5% increase in listings in the area. Residential properties averaged 30 days on market and $458/sqft. With only 2 months of supply left, we are in a seller’s market!

Market Breakdown

Niagara-on-the-Lake
Unit Sales: up 37%
Average Sale Price: up 7%

Niagara Falls
Unit Sales: down 3%
Average Sale Price: up 13%

Fort Erie
Unit Sales: up 2%
Average Sale Price: up 4%

St. Catharines
Unit Sales: up 3%
Average Sale Price: up 9%

Thorold
Unit Sales: up 30%
Average Sale Price: up 19%

Pelham
Unit Sales: up 38%
Average Sale Price: up 3%

Welland
Unit Sales: up 14%
Average Sale Price: up 9%

Port Colborne
Unit Sales: down 2%
Average Sale Price: down 8%

Lincoln
Unit Sales: up 4%
Average Sale Price: up 1%

West Lincoln
Unit Sales: up 6%
Average Sale Price: up 18%

Grimsby
Unit Sales: up 3%
Average Sale Price: up 1%

Dunnville
Unit Sales: up 14%
Average Sale Price: stayed the same

Hamilton
Unit Sales: up 10%
Average Sale Price: up 6%

Ancaster
Unit Sales: up 10%
Average Sale Price: stayed the same

Stoney Creek
Unit Sales: up 22%
Average Sale Price: up 4%

 

June Residential Stats Reports

Click below to access our June Statistics Reports:

JUNE 2019 Residential Market Statistics – June 2019

Monthly Market Trend – JUNE 2019

Niagara in Numbers – June 2019

Hamilton in Numbers – June 2019