Niagara Real Estate Market Update - December 2022
The Niagara Real Estate Market Report Year over Year - December 2022 vs December 2021
New listings in the Niagara Region were 443 in December 2022 vs 403 in December 2021, which is a increase of 7.4% 
Residential home sales in Niagara totaled 275 homes in December 2022 compared to 473 in December 2021, which is a decrease of 41.9% 
The average HPI composite benchmark* price was $631,600 in December 2022, compared to $717,800 in December 2021, which is a decrease of 12%
The Niagara Real Estate Market Report Month to Month, December 2022 vs November 2022.
New listings in the Niagara Region were 433 in December 2022 vs 880 in November 2022, which is a decrease of 50.8%
Residential home sales totaled 275 in December 2022 compared to 335 in November 2022, which is a decrease of 17.9%
The average HPI composite benchmark* price was $631,600 In December 2022, compared to $642,600 in November 2022, which is an decrease of 1.7%.️️
The characteristics of the HPI composite benchmark is a 1,276 sq. Ft. home between the age of 51 and 99 with 3 bedrooms and 2 bathrooms, and an attached single car garage.
If you are thinking of making a move, or just have any questions about the market , call me! I'm happy to help.
905-321-6165