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February 2018 Regional Residential Statistics

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Check out this February Residential Market Statistics, 12 Month Trend by Market. Regional sales are down, but average sale prices are up across the board. With 3 months of supply in Niagara + Dunnville, and 2.3 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.


St Catharines average sale price rose 9.5% and unit sales fell 20.5%.

Niagara on the Lake saw a 45.2% drop in unit sales, but a 6.2% increase in average sale price.

Niagara Falls’ average sale price increased 6.3% and unit sales fell 26.7%.

Fort Erie had a 33.0% decrease in unit sales, and a 4.1% increase in average sale price.

Thorold had a 42.7% decrease in unit sales over last year, and a 5.4% decrease in average sale price.

Pelham’s average sale price increased 35.3%, and unit sales decreased 43.6%.

Welland also saw a decrease in unit sales at -26.3%, and an average sale price increase of 14.7%.

Port Colborne’s average sale price increase to 26.2% over last year, and unit sales fell 30.9%.

Lincoln saw an decrease in unit sales at -24.5% and an increase of 13.6 % in average sale price.

West Lincoln has an 8.5% increase in average sale price, and unit sales stayed the same.

Grimsby had an increase in both unit sales and average sale price, at 5.0% and 0.8% respectively.

Dunnville had a decrease in unit sales at -35.9%, but average sale price rose 11.3%.

Hamilton’s average sale price rose 5.2%, but unit sales dropped 37.9%.

Ancaster unit sales decreased 32.1%, and average sale price decreased 0.4% over last year.

Stoney Creek’s unit sales and average sale price dropped, unit sales down 19.6% average sale price down 4.6%.


Residential Market Stats – FEBRUARY 2018      Monthly Trend by Market – February 2018