Check out this March’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly. With 3.1 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.
St Catharines average sale price rose 7.5% and unit sales fell 22.4%.
Niagara on the Lake saw a 54.2% drop in unit sales, but a 2.2% increase in average sale price.
Niagara Falls’ average sale price increased 3.3% and unit sales fell 25.9%.
Fort Erie had a 35.0% decrease in unit sales, and a 7.4% increase in average sale price.
Thorold had a 39.7% decrease in unit sales over last year, and a 7.5% decrease in average sale price.
Pelham’s average sale price increased 13.2% and unit sales decreased 49.4%.
Welland also saw a decrease in unit sales at -25.6%, and an average sale price increase of 12.7%.
Port Colborne’s average sale price increase to 30.7% over last year, and unit sales fell 28.3%.
Lincoln saw an decrease in unit sales at -32.0% and an increase of 1.4% in average sale price.
West Lincoln has an 8.0% decrease in average sale price, and unit sales dropped 11.9%
Grimsby had an decrease in average sale price at -7.3% and unit sales stayed the same.
Dunnville had a decrease in unit sales at -38.4%, but average sale price rose 26.7%.
Hamilton’s average sale price rose 1.0%, but unit sales dropped 36.1%.
Ancaster unit sales decreased 29.0%, and average sale price decreased 5.9% over last year.
Stoney Creek’s unit sales and average sale price dropped, unit sales down 28.4% average sale price up 8.7%.
Monthly Trend by Market MARCH 2018 Residential Market Stats – MARCH 2018