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Residential Statistics – October 2018

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Check out this October’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales are down, but average sale prices are up. With 3.7 months of supply in Niagara + Dunnville, and 3.0 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading into a Buyer’s market.


St Catharines average sale price rose 6.3% and unit sales fell 12.3%.

Niagara on the Lake saw a 32.8% drop in unit sales and a 5.2% decrease in average sale price.

Niagara Falls’ average sale price increased 3.8% and unit sales fell 15%.

Fort Erie had a 0.2% decrease in unit sales, and a 8.2 % increase in average sale price.

Thorold had a 30.1% decrease in unit sales over last year and a 0.8% decrease in average sale price.

Pelham’s average sale price increased 6%, and unit sales decreased 29.9%.

Welland also saw a decrease in unit sales at -10.2%, and an average sale price increase of 12.4%.

Port Colborne’s average sale price increased 10.7% over last year, and unit sales fell 3.2%.

Lincoln saw a decrease in unit sales at -9.8% and an increase of 3.6 % in average sale price.

West Lincoln has an 6.2% decrease in average sale price, and unit sales dropped 5.2%.

Grimsby had an 11.4% increase in unit sales and a 4.7% drop in average sale price.

Dunnville’s unit sales dropped 14.7%, and average sale price dropped 0.9%.

Hamilton’s average sale price rose 3.2%, but unit sales dropped 18.5%.

Ancaster unit sales decreased 19.2%, and average sale price decreased 4.4% over last year.

Stoney Creek’s unit sales  dropped 10.3% and average sale price decreased 2.8%.


Residential Market Stats – OCTOBER 2018      Monthly Trend By Market – October 2018