The real estate market in the Niagara & Haldimand regions continues to be very strong. 1312 residential listings went on the market in June compared to 1419 in May. Unit Sales decreased slightly by 2.5% year to date compared to last year but overall a busy month. Prices remain balanced month over month and up year to date an incredible 28.9%. Average Days on Market is 25 and months of supply moved from 1.4 to 1.8 (how many months it would take to sell all active listings at end of June). All indicators represent a gradual move from the Strong Sellers market we experienced in the first quarter to a more Balanced / Sellers market.
The region is still very attractive and affordable with detached homes @ $425,596, Attached homes @ $341,122, for an overall average sale price year to date @ $408,239.
Make Your Move and contact your Royal LePage Niagara REALTOR® today.