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March 2021 vs March 2022

How are we faring in the first month of the ever-popular 'Spring Market' thus far for 2022? Will we see a trend to predict what's to come? It's critical to know the true dynamics driving the data; that's where a trusted Real Estate Professional comes into the equation. Connect with us- Coincidentally, Market Chats are our absolute favourite!

Niagara Region

For the most part; things look steady. The number of sales has dropped 22% from last year, however, were seeing the second-highest numbers in the last 10 years. The competitive offer situation seems to have eased up, for now, leaving some room for Buyers to shop with a little less pressure. 

# Of Sales

899 (-22.8%)

Avg. Sale Price

$861,123 (+27.1%)

Days on Market

14 (3 Days Faster)

St. Catharines

# Of Sales

253 (-13.9%)

Avg. Sale Price

$794,535 (+24.9%)

Days on Market

12 (NO CHANGE)

Niagara Falls

# Of Sales

109 (-49.8%)

Avg. Sale Price

$860,692(+37.5%)

Days on Market

13 (5 Days Faster)

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Niagara On The Lake

# Of Sales

28 (-41.7%)

Avg. Sale Price

$1,259,788 (+23.7%)

Days on Market

16 (40 Days Faster)

Thorold 

# Of Sales

45 (-41.6%)

Avg. Sale Price

$809,401 (+25.9%)

Days on Market

9  (1 Days Faster)

Welland

# Of Sales

109 (-19.9%)

Avg. Sale Price

$717,751 (+27.6%)

Days on Market

10 (1 Day Slower)

Fonthill|Pelham

# Of Sales

42 (-26.3%)

Avg. Sale Price

$1,083,448 (+26.3%)

Days on Market

11 (15 Days Faster)

Lincoln

# Of Sales

37 (-28.8%)

Avg. Sale Price

$980,240 (-16.4%)

Days on Market

7 (9 Days Faster)

Fort Erie 

# Of Sales

77 (-33.6%)

Avg. Sale Price

$846,942 (+29.7%)

Days on Market

26 (2 Days Faster)

Port Colborne|Wainfleet

# Of Sales

62 (+19.2%)

Avg. Sale Price

$760,077 (+25.4%)

Days on Market

13(3 Days Faster)

Grimsby

# Of Sales

75 (-11.8%)

Avg. Sale Price

$1,021,213 (+21.7%)

Days on Market

20 (13 Days Slower)

My head hurts

We know it's a lot of data to process in a quick read. Please, don't hesitate to reach out and we can talk about it.

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