Buyer/Seller Resources 22 August 2022

MLS Stats Year to Date in Niagara

From Jan. 1, 2022 to July 31, 2022 vs. the same period last year.

YTD to July 31-22 vs. Same time Last Year No. Unit Sales 2022 No. Unit Sales 2021 % Change No. Sales Avg. Sales Price 2022 Avg. Sales Price

2021

% Change Avg. Sales Price
Fort Erie 383 609 -37% $775,685 $637,798 21.6%
Fonthill/
Pelham
174 232 -25% $1,053,928 $897,457 17.4%
Grimsby 337 459 -27% $1,025,072 $846,314 21.1%
Lincoln 247 339 -27% $961,241 $799,444 20.2%
Niagara Falls 779 1254 -38% $790,992 $650,007 21.7%
Niagara-on-the-Lake 193 313 -38% $1,275,504 $1,099,147 16.0%
Port
Colborne/
Wainfleet
271 321 -16% $735,602 $664,640 10.7%
St.
Catharines
1209 1623 -26% $752,938 $630,659 19.4%
Thorold 204 404 -50% $805,923 $628,106 28.3%
Welland 540 761 -29% $696,862 $580,471 20.1%
West
Lincoln
125 145 -14% $1,005,862 $882,697 14.0%

Average Prices are Up YTD compared to last year.

No. of Unit Sales is Down YTD between -14% to -50%.

On a Month-to-Month basis, however, Prices and the Number of Sales continue decreasing to the end of July 2022.

*The above stats are unofficial and based in whole or in part on MLS® System data owned by the Association covering January 1, 2022 to July 31, 2022 YTD vs. January 1, 2021 to July 31, 2021 YTD.