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March 2018 Regional Residential Statistics

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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