Tag Archive for "market analysis" | Team Berkhout Bosse RE/MAX Niagara Realty Ltd

Market Trending Towards Balanced Conditions

With inventory levels slowly inching up we are now seeing the average price beginning to stabilize. The number of homes sold through the MLS® System of the Niagara Association of REALTORS® (NAR) totaled 802 units in April 2022. This was a decline of 32% from April 2021. Despite the monthly pullback, it is important to…

What You Should Know about the Fall Real Estate Market

The decision on whether to buy or sell a home this Fall has become mired by more than the typical uncertainties that come with a transaction of this magnitude. Housing affordability, interest rates and the mortgage stress test were big newsmakers in 2018 and 2019, and are continuing to make headlines during this Fall's federal…

Home sales have continued to be strong throughout July

Residential home sales activity recorded through the MLS® system for The Niagara Association of REALTORS® (NAR) totalled 715 units in July 2019. This was an increase of 21.6 per cent from July 2018 and an increase of 1.9 per cent from June 2019. The dollar value of all home sales in July 2019 was $320.4…

New Listings in Niagara up 21.4% in October

The Niagara Association of REALTORS® (NAR) reported 570 property sales processed through the NAR Multiple Listing Service (MLS®) system in October. This represents a 1.2% decrease in sales compared to October of last year. The average days on market increased 10.3% from 39 to 43 in the residential freehold market and decreased 8.7% from 46…

Return to Balanced Market Conditions in Niagara

Niagara Association of REALTORS® July Market Report August 8th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 652 property sales processed through the NAR Multiple Listing Service (MLS®) system in July. This represents a 27.5% decrease in sales compared to July of last year. The residential average sale price of $375,903 was 14.4%…

Niagara Association of REALTORS® June Market Report

July 7th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 785 property sales processed through the NAR Multiple Listing Service (MLS®) system in June. This represents a 22.28% decrease in sales compared to June of last year. The residential average sale price of $457,456 was 34.08% higher than last June. The average days…

Niagara Real Estate Market Report – May 2017

May Sales Down 5.91% Across Niagara For the second month in a row The Niagara Association of REALTORS® (NAR) reported a year over year decrease in the number of property sales processed through the NAR Multiple Listing Service (MLS®) system. Across Niagara there were 955 during the month of May 2017 representing a 5.91% decrease…

Niagara Association of REALTORS® April Market Report May 4th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 852 property sales processed through the NAR Multiple Listing Service (MLS®) system in April. This represents a 4.9% decrease in sales compared to April of last year. The residential average sale price of $418,950 was 37.8%…

Niagara Association of REALTORS® March Market Report

April 4th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 928 property sales processed through the NAR Multiple Listing Service (MLS®) system in March. This represents a 26% increase in sales over March of last year. The residential average sale price of $403,251 was 33% higher than last March. The average days on…

Niagara Association of REALTORS® February Market Report

March 9th, 2017, Niagara - The Niagara Association of REALTORS® (NAR) reported 700 property sales processed through the NAR Multiple Listing Service (MLS®) system in February. This represents a 15% increase in sales over February of last year. The residential average sale price of $367,461 was 26.01% higher than last February. The average days on…

Niagara Sales UP 15.8% in 2016 (Welland +20.5%, Pelham +14.8% )

It was a Happy New Year indeed for our local real estate market. By year-end 2016 the Niagara 12-Month average sale price reached $321,395 up 13.92% from $280,221 recorded at the end of December 2105. The Niagara Association of REALTORS® (NAR) reported 8,441 residentail sales processed through the NAR Multiple Listing Service (MLS®) system during…

It has been an active summer for real estate sales across the Niagara Region with 2994 unit sales reported during the months of June, July and August in the communities serviced by the Niagara Association of REALTORS®. This figure reflects a gain of 15.7% over last year’s total of 2588 transactions during the same three…

Sales UP 45.2% - Average Price Jumps 15.6% During the first six months of 2016 there were 212 unit sales recorded in Pelham – up 45.2% from the total of 147 transactions reported between January and June 2015. Our local 12 month average price now stands at $450,554 up 15.6% from last June’s month end…

Niagara Home Sales UP 32.7% in February!

The Niagara Association of REALTORS® (NAR) reported 605 property sales processed through the NAR Multiple Listing Service (MLS®) system in February 2016. This represents a 32.7% increase in sales over February of last year. The residential average sale price of $289,841 was 12.6% higher than last February. The average days on market decreased from 65…

It was a banner year for residential home sales in Niagara. The year-end MLS® sales reports of the Niagara Association of REALTORS® indicate that sales activity in the Region jumped 16.8% in 2015. Across Niagara (excluding the Town of Grimsby) there were 7370 homes sold during 2015 compared to 6309 in 2014. The current level…

Looking out at the snow and slush you may think that it is better to wait until it all melts before putting your home on the market. However, current market conditions are certainly indicating that there is no reason to delay listing your home any longer. This past week we called to book appointments to…

Niagara Association of REALTORS® – December Market Report

January 6th, 2016, Niagara - The Niagara Association of REALTORS® (NAR) reported 402 property sales processed through the NAR Multiple Listing Service (MLS®) system in December. This represents an 11.7% increase in sales over December of last year. The residential average sale price of $279,852 was 16.2% higher than last December. The average days on…

Niagara Association of REALTORS® – November Market Report

December 8th, 2015, Niagara - The Niagara Association of REALTORS® (NAR) reported 599 property sales processed through the NAR Multiple Listing Service (MLS®) system in November. This represents a 14.3% increase in sales over November of last year. The residential average sale price of $264,083 was 2.9% higher than last November. The average days on…

May Market Report – Niagara Association of Realtors

The Niagara Association of REALTORS® (NAR) reported 862 property sales processed through the NAR Multiple Listing Service (MLS®) system during May 2015. This represents a 20.1% increase in sales over May of last year. The residential average sale price of $273,661 was 7.6% higher than last May. The average days on market decreased from 56…

Niagara Home Sales UP 7% – Average Price UP 5.6%

February 2015 Market Report The Spring Market has arrived early in Niagara this year. Local homebuyers did not let the cold weather slow down their house shopping plans. Home sales in January and February were up 7% across the Niagara Region. The Niagara Association of REALTORS® (NAR) reported 772 residential sales processed through the NAR…

Niagara House Prices up 5%! …Pelham Jumps 9.5% Welland 6.2%

As of the end of January the 12-month average selling price of a home in Pelham stood at $380,733 up 1.2% over the $376,069 12 month average price reported at the end of December 2014. Last year at this time the figure was $347,774 representing a staggering annual average price increase of 9.5%. The current…

A Good Year for Local Real Estate – 2014 Market Review

It was a Happy New Year celebration indeed for our local real estate market. Sales levels hit record heights in Pelham this past year while the average price in Welland spiked dramatically. Residential sales in Pelham reached 232, a healthy 7.9% increase over the total of 215 recorded in 2013. This year-end tally reflects the…

Local Market Strong Entering the Home Stretch

Welland was one of the leading markets in Niagara entering the 2014 home stretch according to according to MLS® system reports of the Niagara Association of REALTORS® released in December. There were 53 unit sales in the Rose City during the month of November - up 18% from the total of 45 sales recorded in…

It has been an active summer for real estate sales across the Niagara Region with 702 unit sales reported during the month of July in the communities serviced by the Niagara Association of REALTORS®. This figure represents an impressive gain of 23% over last July’s total of 570 transactions. In Pelham, local home sales jumped…

JUNE 2014 Update: Local home sales continued at a steady pace in June. The Niagara Association of REALTORS® reported 32 residential transactions in Pelham during the past month– up 28% from the total of 25 sales recorded in June 2013. At the halfway point of the year total sales have reached 126 units representing a 2.4%…

Tag Archives: market analysis

Market Trending Towards Balanced Conditions

What You Should Know about the Fall Real Estate Market

Home sales have continued to be strong throughout July

New Listings in Niagara up 21.4% in October

Return to Balanced Market Conditions in Niagara

Niagara Association of REALTORS® June Market Report

Niagara Real Estate Market Report – May 2017

Home Sales Slow Down in April

Niagara Association of REALTORS® March Market Report

Niagara Association of REALTORS® February Market Report

Niagara Sales UP 15.8% in 2016 (Welland +20.5%, Pelham +14.8% )

Niagara Home Sales Hot this Summer

Pelham Market Update – June 2016

Niagara Home Sales UP 32.7% in February!

Niagara Home Sales Skyrocket in 2015!

Spring Market is Here NOW!

Niagara Association of REALTORS® – December Market Report

Niagara Association of REALTORS® – November Market Report

May Market Report – Niagara Association of Realtors

Niagara Home Sales UP 7% – Average Price UP 5.6%

Niagara House Prices up 5%! …Pelham Jumps 9.5% Welland 6.2%

A Good Year for Local Real Estate – 2014 Market Review

Local Market Strong Entering the Home Stretch

Niagara Market on the Rise

It’s a Hot Summer Market!

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