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April 2022 Residential Statistics

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Now that we are firmly into the Spring market we are seeing a change where things are starting to balance out.  Prices are still up over this time last year and inventory is still low, but there has been a slight increase with inventory in the Niagara/Haldimand Regions with 1.5 months and Hamilton having 1.3 months. In Niagara/Haldimand Regions we saw Unit Sales decrease by 21% and the Average Sale Price increase by 25%.  In Hamilton region it was a similar story with Unit Sales decreasing by 32% and the Average Sale Price increasing by 27%.  The average rental price in all combined areas is over $2300/month and many new home/condo projects are well on their way across the peninsula.  Our team of full service REALTORS® are ready to assist you in 2022 with all your real estate needs.  We specialize in Resale, New Homes, Investment Properties, Commercial Properties, and Leasing.

Niagara-on-the-lake
 
Unit Sales: -31%
Average Sale Price: +13%
 
Niagara Falls
 
Unit Sales: -31%
Average Sale Price: +29%
 
Fort Erie
 
Unit Sales: -21%
Average Sale Price: +25%
 
St. Catharines
 
Unit Sales: -14%
Average Sale Price: +26%
 
Thorold
 
Unit Sales: -43%
Average Sale Price: +35%
 
Pelham
 
Unit Sales: -24%
Average Sale Price: +23%
 
Welland
 
Unit Sales: -20%
Average Sale Price: +28%
 
Port Colborne
 
Unit Sales: +13%
Average Sale Price: +20%
 
Lincoln
 
Unit Sales: -20%
Average Sale Price: +23%
 
West Lincoln
 
Unit Sales: -28%
Average Sale Price: +23%
 
Grimsby
 
Unit Sales: -19%
Average Sale Price: +28%
 
Dunnville
 
Unit Sales: +1%
Average Sale Price: +17%
 
Hamilton
 
Unit Sales: -30%
Average Sale Price: +27%
 
Ancaster
 
Unit Sales: -34%
Average Sale Price: +22%
 
Stoney Creek
 
Unit Sales: -37%
Average Sale Price: +29%
 
Glanbrook
 
Unit Sales: -28%
Average Sale Price: +29%
 
Click here for more information on the April 2022 Residential Statistics