As another year has drawn to a close and we celebrated the holiday season we noticed that prices are still up over this time last year, but prices are continuing to leveling out and there was a slight decrease in inventory for the month of December with Niagara/Haldimand Regions having 2.9 months and Hamilton having 1.5 months. In Niagara/Haldimand Regions we saw Unit Sales decrease by 35% and the Average Sale Price increase by 11%. In Hamilton region we saw Unit Sales decreasing by 37% and the Average Sale Price increasing by 10%. The average rental price in all combined areas is over $2400/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 2023 with all your real estate needs. We specialize in Resale, New Homes, Investment Properties, Commercial Properties, and Leasing.
Niagara-on-the-lake
Unit Sales: -43%
Average Sale Price: +7%
Niagara Falls
Unit Sales: -42%
Average Sale Price: +13%
Fort Erie
Unit Sales: -41%
Average Sale Price: +12%
St. Catharines
Unit Sales: -31%
Average Sale Price: +10%
Thorold
Unit Sales: -56%
Average Sale Price: +17%
Pelham
Unit Sales: -32%
Average Sale Price: +8%
Welland
Unit Sales: -34%
Average Sale Price: +11%
Port Colborne
Unit Sales: -25%
Average Sale Price: +6%
Lincoln
Unit Sales: -25%
Average Sale Price: +9%
West Lincoln
Unit Sales: -26%
Average Sale Price: +10%
Grimsby
Unit Sales: -31%
Average Sale Price: +10%
Dunnville
Unit Sales: -16%
Average Sale Price: +1%
Hamilton
Unit Sales: -37%
Average Sale Price: +11%
Ancaster
Unit Sales: -42%
Average Sale Price: +9%
Stoney Creek
Unit Sales: -36%
Average Sale Price: +10%
Glanbrook
Unit Sales: -32%
Average Sale Price: +8%
Click
here for more information on the December 2022 Residential Statistics.
