June 2018 Residential Statistics

Check out this June’s Residential Market Statistics, and 12 Month Trend by Market. Regional sales down, but average sale prices rose slightly.  With 2.9 months of supply in Niagara + Dunnville, and 2.4 months of supply in Hamilton, Stoney Creek and Ancaster, we are heading towards a Balanced Market.

St Catharines average sale price rose 5.1% and unit sales fell 19.6%.

Niagara on the Lake saw a 47.1% drop in unit sales, and a 0.2 % increase in average sale price.

Niagara Falls’ average sale price decreased 0.1% and unit sales fell 19.3%.

Fort Erie had a 19.3% decrease in unit sales, and a 5.1% increase in average sale price.

Thorold had a 38.4% decrease in unit sales over last year, and a 6.7% decrease in average sale price.

Pelham’s average sale price increased 11.8% and unit sales decreased 37.1%.

Welland also saw a decrease in unit sales at 18.0%, and an average sale price increase of 11.8%.

Port Colborne’s average sale price increased 16.0% over last year, and unit sales fell 15.5%.

Lincoln saw an 19.0% decrease in unit sales and an increase of 5.1% in average sale price.

West Lincoln has an 6.3% decrease in average sale price, and unit sales dropped 20.8%

Grimsby had an 1.5% decrease in unit sales, and a 6.7% decrease in average sale price.

Dunnville’s unit sales decreased 31.4% and average sale price rose 17.3%.

Hamilton’s average sale price rose 0.4%, and unit sales dropped 27.6%.

Ancaster unit sales decreased 29.4%, and average sale price increased 4.4% over last year.

Stoney Creek’s unit sales and average sale price dropped, unit sales down 21.9% average sale price decreased 6.6%.

Residential Market Stats – JUNE 2018           JUNE 2018 – Monthly Trend by Market

This article was first published on https://nrcrealty.ca.