Tag Archive for "market review" | 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…

The Niagara Real Estate Trends You Need to See

How could the Niagara real estate market be better off today than it was a year ago? It’s just one more thing to add to the growing list of unprecedented phenomena dotting the 2020 timeline. The Canadian economy may be feeling the sting of pandemic-related business closures and job loses, but the housing sector is…

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…

Niagara June Market Report

Residential home sales activity recorded through the MLS® system for The Niagara Association of REALTORS® (NAR) totaled 702 units in June 2019. This was an increase of 4.8 per cent from June 2018 and a decrease of 5.3 per cent from May 2019. On a year-to-date basis, a total of 3,673 homes have sold over…

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…

New Year’s Look Back at 2007-2017 Housing Cycle

The calendar is a wonderful thing. When December ends and the new year begins, it feels like a fresh start. You have a whole year ahead of you to accomplish whatever goals you’ve set. Can you believe that it has been 10 long years since the global Financial Crisis of 2007-2008 and what a ride it's been!…

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® 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…

Hire a REALTOR® to Navigate this Red Hot Market

Media Release: Niagara Association of REALTORS® June Market Report June 8th, 2016, Niagara - The Niagara Association of REALTORS® (NAR) reported 1,038 property sales processed through the NAR Multiple Listing Service (MLS®) system in June. This represents a 13.1% increase in sales over June of last year. The residential average sale price of $312,683 was…

Welland Home Sales UP 23.4% Year-to-Date!

During the first six months of 2016 there were 564 unit sales recorded in Welland – up 23.4% from the total of 457 transactions reported between January and June 2015. The Rose City's 12 month average price now stands at $229,512 up 3.6% from last June’s month end figure of $221,511 As of the end…

Local Stats at a Glance – Welland and Pelham

Welland - April 2016 Highest Sale Price: 1800 sq. ft Luxury Bungalow Listed: $524,900 Sold: $515,000 Lowest Sale Price: 2 BR Bungalow – Fixer Upper Listed: $60,000 Sold: $76,000 Pelham - April 2016 Highest Sale Price: 2400 sq. ft Bungalow w/ walk out Listed: $796,000 Sold: $796,000 Lowest Sale Price: 2-storey commercial zone-value…

A HOT First Quarter in the Local Market!

Unit sales of residential properties in Pelham jumped 34.6% during the First Quarter of this year compared to the same time frame last year. According to MLS® system reports of the Niagara Association of REALTORS® there were 70 sales in Pelham so far this year up from the total of 52 sales reported during January-March…

Contemporary West Coast style home features vaulted ceilings and flowing open space warmed by the beauty of a 2 storey height brick fireplace The wood trim accents - ceiling, floors, rails - combine to blend home with nature, Uniquely versatile floor plan features a main floor bedroom with ensuite, 2 bedrooms on 2nd floor level…

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…

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…

Tag Archives: market review

Market Trending Towards Balanced Conditions

The Niagara Real Estate Trends You Need to See

Home sales have continued to be strong throughout July

Niagara June Market Report

New Listings in Niagara up 21.4% in October

New Year’s Look Back at 2007-2017 Housing Cycle

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® February Market Report

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

Niagara Home Sales Hot this Summer

Hire a REALTOR® to Navigate this Red Hot Market

Welland Home Sales UP 23.4% Year-to-Date!

Local Stats at a Glance – Welland and Pelham

A HOT First Quarter in the Local Market!

SOLD! 648 Canboro Rd., Fenwick $499,900

Niagara Home Sales UP 32.7% in February!

Niagara Home Sales Skyrocket in 2015!

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%

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