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