Tag Archive for "Statistics" | 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…

Niagara Region launches comprehensive review of housing landscape

Niagara Region has embarked on a comprehensive analysis of its housing landscape. This study will help forecast the need for future housing stock and inform strategies that improve access to adequate, suitable and affordable accommodations for residents of Niagara. Called the Niagara Housing Statement, this groundbreaking work establishes a data informed basis for analyzing housing…

The Niagara Association of REALTORS® (NAR) reported 577 property sales processed through the NAR Multiple Listing Service (MLS®) system in October. This represents a 23.17% decrease in sales across Niagara compared to October of last year. In Pelham and Welland, unit sales for the month were down 16.7% and 4% respectively. The decline in sales…

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…

In this time of Thanksgiving we give thanks to you for being a valued member of our Team Berkhout Bosse community of friends and clients. We are grateful for the opportunity of serving you and providing you with the best possible service, information and advice. As we head into the final quarter of the year…

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…

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…

What Renovations Produce Highest Return on Investment?

As a new or existing home owner, you will most likely re-sell your property at some point in the future. Often, as properties age, their appeal can substantially subside. A facelift may be in order to help restore lost market value. Unsure how best to invest your renovation $'s? Call us to discuss - we're…

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…

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…

How Much Do You Need to Earn to Buy a Home in Our Local Area?

We just read an interesting article just published on Workopolis: How much you need to earn to buy a house in every major Canadian city? Click here to read full article Using the same criteria outlined in the Workopolis analysis the figures for our local market are as follows: (The Welland and Pelham 12-Month Average…

December 9, 2014, Niagara - The Niagara Association of REALTORS® (NAR) reported 527 property sales processed through the NAR Multiple Listing Service (MLS®) system in November. This represents an increase of 24% in sales over November of last year. The residential average sale price of $256,267 was 9.3% higher than last November. The average days…

AUGUST Market Update – Niagara Housing Sales UP 9.6%

It has been an active summer for real estate sales across the Niagara Region with 584 residential unit sales reported during the month of August in the communities serviced by the Niagara Association of REALTORS®. This figure reflects a gain of 9.6% over last August’s total of 533 transactions. Pelham home sales continued to climb…

First Quarter Home Sales Edge Down in Pelham

Unit sales of residential properties in Pelham dropped 14% 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 43 sales in Pelham so far this year down from the total of 50 sales reported during January-March…

The Spring Market has arrived early in Pelham this year. Local home buyers are not letting the cold weather slow down their house shopping plans. According to the MLS statistics of the Niagara Association of REALTORS® there were 26 residential sales reported in Pelham during January and February of this year – up 13% compared…

Niagara Association of REALTORS® February Market Report

March 11, 2014, Niagara - The Niagara Association of REALTORS® (NAR) reported 414 property sales processed through the NAR Multiple Listing Service (MLS®) system in February. This represents a 16.29 per cent increase in sales over February of last year. The residential average sale price of $233,101 was 0.38 per cent higher than last February.…

Here's a quick look at how tight the listing inventory situation is in Niagara compared to past years.

We can expect continued price growth into the final stretch of the year provided the demand for housing keeps outpacing the rate of inventory growth.

Tag Archives: Statistics

Market Trending Towards Balanced Conditions

Niagara Region launches comprehensive review of housing landscape

October Market Update

Niagara Association of REALTORS® June Market Report

Thanksgiving Update

Niagara Home Sales Hot this Summer

Pelham Market Update – June 2016

Local Stats at a Glance – Welland and Pelham

A HOT First Quarter in the Local Market!

What Renovations Produce Highest Return on Investment?

Niagara Association of REALTORS® – December Market Report

Niagara Association of REALTORS® – November Market Report

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

A Good Year for Local Real Estate – 2014 Market Review

How Much Do You Need to Earn to Buy a Home in Our Local Area?

Niagara Association of REALTORS® November Market Report

AUGUST Market Update – Niagara Housing Sales UP 9.6%

First Quarter Home Sales Edge Down in Pelham

Niagara Home Sales off to Brisk Start

Niagara Association of REALTORS® February Market Report

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