Market Tracker

Tracker for the Niagara Real Estate Market.

Thank-you for visiting this page. We have assembled this information in an effort to keep you informed with the most recent and relevant.

It is a jubilant June thus far! We cannot say that there has not been activity of sorts in the Real Estate industry! For May 2024, there were 1,667 NEW LISTINGS! Incredible! Over the last ten years, for any month, we have not reached that number. We got close mid 2022, but for last month we were sitting pretty on inventory, especially considering number of new listings did not increase from April. WOW…great time to consider a home purchase. A plethora of choice and as we have just hit a rate announcement decrease, good timing. Rates are starting to come down and we anticipate that as they do, the market will pick up for sales, so get in now. 

Average sale price for the region has come up slightly from April to $711,617, to match what we were at same time last year. We can see an increase in price upcoming if there is a surge in sales activity and a decrease in new listings. It is hard to say, with a decrease in the rate, we may see all the hesitant buyers jumping in, but also some of the homeowners struggling with the past mortgage increases, feeling more positive and staying put, rather than listing.

The number of days to sell a home in Niagara was 39 for May, again similar to May of last year, down slightly from April of 2024 and down from the slow start in January 2024 at 83.

There are a few things for you to know:
  • The data is supplied from the Niagara Association of REALTORS®
  • Behind every statistic is a story and further information. For example, the average sale prices can be impacted as a result of reduced sales volume.
  • The information below is being pulled on a daily basis so it will change as we move through the spring.
  • To get a closer look at anything regarding the Niagara real estate market, reach out to one of our team to discuss further.
  • The info below is segmented by the Region and then 10 municipalities with each graph titled to provide context. Scroll down to find your city.

Niagara Region First 91 Days Infographic Report

St Catharines: Monthly Average Sale Price

St. Catharines Weekly Sale Price

St Catharines: Monthly Total Sales

St. Catharines Number of Sales Weekly

Again, we hope you have found this helpful. We will continue to update all of the above as we move through the coming weeks and months.

Your feedback, thoughts or inquiries are always welcome.

You can contact us here.

Most importantly, take good care and be safe.

The McGarr Team.

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