We, at Your Niagara Home, want our clients and future clients to be informed about the current housing market in Niagara. Keeping you informed is one of our commitments to you, as professionals. We are pleased to share with you the Market Analysis that was recently released by the Niagara Association of REALTORS®.
The Niagara Association of REALTORS® (NAR) reported 895 property sales processed through the NAR Multiple Listing Service (MLS®) in June. This represents a 28.2% increase in sales over June of last year.
The residential average sale price of $275,920 was 7.7% higher than last June. The average days on market decreased from 51 to 48 in the residential freehold market, and increased from 78 to 81 in the condominium market.1
Curious to know more? Give us a call, send us a text or email! We’re never too busy for your questions.
Source: 1. Niagara Association of REALTORS® – Media Release