Ask The Expert: What is the Real Estate Market like In Niagara?

Ask The Expert: What is the Real Estate Market like In Niagara?

2015 has been a banner year for us here in Niagara! The Average sale price for property is up and the days on Market is down.

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 market decreased from 76 to 60 in the residential freehold market.

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The Professional Referral Group

This article is part of a series of Ask The Professional features from our members. The Professional Referral Group is a referral group comprised of trustworthy, reliable and knowledgeable professionals located in Pelham, Welland, St. Catharines and the surrounding communities.

All members of the PRG have been screened to ensure they meet our high standards.  We only accept companies we can recommend. These are the people WE trust and refer. We hope you will too.

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