Back To Top

May 2022 Residential Statistics

facebook icon twitter icon instgram icon

As we head towards the Summer market we are continuing to see a trend towards a more balanced market.  Prices are still up over this time last year and inventory has increased with Niagara/Haldimand Regions having  2.2 months and Hamilton having 1.7 months. In Niagara/Haldimand Regions we saw Unit Sales decrease by 24% and the Average Sale Price increase by 24%.  In Hamilton region it was a similar story with Unit Sales decreasing by 32% and the Average Sale Price increasing by 24%.  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: -32%
Average Sale Price: +17%
 
Niagara Falls
 
Unit Sales: -32%
Average Sale Price: +28%
 
Fort Erie
 
Unit Sales: -31%
Average Sale Price: +23%
 
St. Catharines
 
Unit Sales: -17%
Average Sale Price: +24%
 
Thorold
 
Unit Sales: -46%
Average Sale Price: +35%
 
Pelham
 
Unit Sales: -19%
Average Sale Price: +20%
 
Welland
 
Unit Sales: -23%
Average Sale Price: +25%
 
Port Colborne
 
Unit Sales: -4%
Average Sale Price: +19%
 
Lincoln
 
Unit Sales: -22%
Average Sale Price: +25%
 
West Lincoln
 
Unit Sales: -23%
Average Sale Price: +22%
 
Grimsby
 
Unit Sales: -22%
Average Sale Price: +28%
 
Dunnville
 
Unit Sales: -9%
Average Sale Price:+17%
 
Hamilton
 
Unit Sales: -31%
Average Sale Price: +25%
 
Ancaster
 
Unit Sales: -36%
Average Sale Price: +20%
 
Stoney Creek
 
Unit Sales: -35%
Average Sale Price: +24%
 
Glanbrook
 
Unit Sales: -31%
Average Sale Price: +23%
 
Click here for more information on the May 2022 Residential Statistics