Check out this September Residential Market Statistics, and 12 Month Trend by Market. Regional sales are down, but average sale prices are up. With 3.6 months of supply in Niagara + Dunnville, and 2.8 months of supply in Hamilton, Stoney Creek and Ancaster, we are still in a Seller’s Market.
St Catharines average sale price rose 8.0% and unit sales fell 14.5%.
Niagara on the Lake saw a 34.4% drop in unit sales and a 5.2% decrease in average sale price.
Niagara Falls’ average sale price increased 2.8% and unit sales fell 15.4%.
Fort Erie had a 0.6% decrease in unit sales, and a 8.0 % increase in average sale price.
Thorold had a 30.6% decrease in unit sales over last year and a 0.3% increase in average sale price.
Pelham’s average sale price increased 5.9%, and unit sales decreased 27.0%.
Welland also saw a decrease in unit sales at -9.7%, and an average sale price increase of 12.6%.
Port Colborne’s average sale price decreased 8.8% over last year, and unit sales fell 9.7%.
Lincoln saw an decrease in unit sales at -9.0% and an increase of 3.9 % in average sale price.
West Lincoln has an 6.3% decrease in average sale price, and unit sales dropped 9.5%.
Grimsby had an 10.9% increase in unit sales and a 5.0% drop in average sale price.
Dunnville’s unit sales dropped 16.9%, but average sale price rose 13.6%.
Hamilton’s average sale price rose 2.5%, but unit sales dropped 19.7%.
Ancaster unit sales decreased 20.1%, and average sale price decreased 7.7% over last year.
Stoney Creek’s unit sales dropped 10.4% and average sale price increased 4.4%.
This article was first published on https://nrcrealty.ca.