Local Home Prices Holding Steady During Pandemic

Curious how the Niagara Real Estate Market is being impacted by the pandemic? Here's a 1st look at APRIL 2020 Niagara Market Statistics.

Total residential sales of 216 units is DOWN 65% from 614 sales recorded in April 2019. New Listings for the month DROPPED 52% from 1013 in April 2019 to 486 in April 2020.

Interestingly - the decline in demand appears to be offsetting the drop in supply with average prices continuing to hold.

 

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Our real estate office may be closed to the public - but we are still here for you! As essential service providers during these uncertain times, you can count on us to deliver the best in real estate support all while being mindful of our social responsibility.

Homes are still being bought and sold in the midst of this pandemic. If you need to sell your house and would like to know the current status in our local market, let’s work together to create a safe and effective plan that works for you and your family.

Here's a quick overview on how RE/MAX agents are navigating the real estate market while following social distancing guidelines. rem.ax/3aZoYbW