Check out how the Niagara real estate market compares to one year ago! The Niagara Real Estate Market Report Year vs Year, January 2021 vs January 2022 Residential home sales totaled 504 in January 2021 compared to 454 in January 2022, which is a Decrease of 9.9%. The Number of new listings reported was 616 in January 2021 compared to 529 in January 2022 which is a decrease of inventory by 14.1% The average HPI composite benchmark* price was $561,200 In January 2021, compared to $748,800 in January 2022, which is an increase of 33.4%. Niagara housing market expected to remain…

The Niagara Real Estate Market Report month to month, December 2021 vs November 2021 Residential home sales totaled 473 in December 2021 compared to 669 in November 2021, which is a Decrease of 29.3%. The Number of new listings reported was 403 in December 2021 compared to 751 in November 2021 which is a decrease of inventory by 46.3% The average HPI composite benchmark* price was $720,200 In December 2021, compared to $679,400 in November 2021, which is an increase of 6%. Niagara housing market expected to remain hot in 2022!! If you have any questions regarding the market or looking…