Market Tracker

Tracker for the Niagara Real Estate Market.

Thank-you for (re)visiting this page. We have assembled this information in an effort to keep you informed with the most recent and relevant data regarding the Niagara real estate market.

After a wild ride in the first half of 2021, the overall market conditions are returning towards something resembling normal.
If you've followed our reports, you'll remember that March and April produced record numbers in terms of the number of homes listed and sold. That pace can't go on forever so the return towards typical volume was something we expected to see at some point.

When you pull back the scope somewhat, you'll see that the number of new listings, in particular in St. Catharines, is now historically weak which when put up against sustained buyer demand has only extended this run of strong price gains. 

Almost every municipality in Niagara saw prices up 20 - 40% this summer (compared to last summer) except for Niagara-on-the-Lake and Lincoln both of which had relatively tepid gains of 0.3% and 7.7% respectively. 

These reports have a look at June through August for 2021 in comparison to the same time in 2020. You'll see new listings and sales are in negative territory across the region aside from Thorold which saw a 1% gain in new listings. 

The time to sell was significantly quicker this summer than last with the region posting a quick 21 days on average which is just over 3 weeks faster than last summer. That along with low new listing inventory makes the market look even more lean as For Sale signs don't last nearly as long as normal before they're changed to Sold. 

Have a read through. Questions or comments are always welcome. 

If you'd like to chat with one of our Realtor team, please do not hesitate to reach out anytime. 

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: All Residential Sales

St. Catharines: All Residential Sales

St. Catharines: Detached

Niagara Falls: All Residential Sales

Niagara Falls: Detached

Niagara-on-the-Lake: All Residential Sales

Niagara-on-the-Lake: $1M+ Properties

Thorold: All Residential Sales

Thorold: Excluding New Builds

 Welland: All Residential Sales

 

 




 

 
 

 

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