Niagara Market Report

Author: Tracy Phelan, Broker RE/MAX Garden City Realty Inc. Brokerage | Oct 15, 2021

The Niagara Market Report September 2021 vs September 2020

Residential home sales in Niagara totaled 707 homes in September 2021 compared to 914 in September 2020, which is a decrease of 22.6%

The average HPI composite benchmark* price was $665,000 in September 2021 compared to $497,500 in September 2020, which is an increase of 33.8%.

The Niagara Market Report September 2021 vs August 2021

Residential home sales totaled 707 in September 2021 compared to 740 in August 2021, which is a decrease of 4.5%.

The average HPI composite benchmark* price was $665,600 September 2021, compared to $657,400 in August 2021, which is an increase of 1.2%.

Below is a breakdown of municipalities of new listings, sales and HPI Composite benchmark* prices.