AUGUST 2022 V 2021 Monthly Market Report
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April 2022 v March 2022

As far as April in prior years, 2022 in the region has the highest number of listings over the last 10 years, which means lots of choice for buyers considering number of sales is fairly consistent with April in past years and down from March. Yay for buyers!! Pressure to come in firm and unpredictably far above listing price seems to have stagnated slightly for now, as a general rule. House prices have declined even just a touch from March and even more from February, but are still staying strong at almost a 10% increase from last year same time. 

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

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# Of New Listings

1858 (+3.8%)

# Of Sales

956 (-15.5%)

Avg. Sale Price

$776,070 (-4.2%)

Days on Market

25 (2 days slower)

St. Catharines


# Of New Listings

358 (+1%)

# Of Sales

214 (-15.4%)

Avg. Sale Price

$758,089 (-4.8%)

Days on Market

13 (1 day slower)

Niagara Falls


# Of New Listings

297 (+15.6%)

# Of Sales

118 (-20.3%)

Avg. Sale Price

$789,867 (-8.2%)

Days on Market

14 (1 day slower)

Niagara On The Lake


# Of New Listings

71 (+4.4%)

# Of Sales

46 (+64.2%)

Avg. Sale Price

$1,344,550 (+6.7)

Days on Market

16 (9 Days slower)

Thorold


# Of New Listings

86 (-4.4%)

# Of Sales

38 (-15.6%)

Avg. Sale Price

$757,737 (-6.4%)

Days on Market

17 (8 days slower)

Port Colborne | Welland


# Of New Listings

83 (-6.7%)

# Of Sales

54 (-13%)

Avg. Sale Price

$850,893 (+12%)

Days on Market

20 (7 Days slower)

Fonthill|Pelham


# Of New Listings

55 (+12.2%)

# Of Sales

25 (-40.5%)

Avg. Sale Price

$1,099,340 +14.7%

Days on Market

21(10 days slower)

Lincoln (Jordan | Vineland | Beamsville)


# Of New Listings

57 (+14.9%)

# Of Sales

24 (-35.1%)

Avg. Sale Price

$1,029,542(+42%)

Days on Market

12 (5 days slower)

Fort Erie


# Of New Listings

123 (+3.4%)

# Of Sales

62 (-19.5%)

Avg. Sale Price

$804,535 (-5%)

Days on Market

21 (5 Days faster)

Port Colborne|Wainfleet


# Of New Listings

83 (-6.7%)

# Of Sales

54 (-13%)

Avg. Sale Price

$850,893 (+12%)

Days on Market

20 (7 Days slower)

Grimsby


# Of New Listings

112 (+7.4%)

# Of Sales

63 (-16%)

Avg. Sale Price

$1,122,996 (+10%)

Days on Market

12 (8 Days faster)

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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