Niagara Association of REALTORS® October Market Report

The Niagara Association of REALTORS® (NAR) reported 666 property sales processed through the NAR Multiple Listing Service (MLS®) system in October. This represents a 16.2 % increase in sales over October of last year.

The residential average sale price of $280,428 was 10.6% higher than last October. The average days on market decreased from 57 to 55 in the residential freehold market, and increased from 46 to 57 in the condominium market.

Please refer to the accompanying chart for residential market activity in select areas in NAR’s jurisdiction.

Total sales, average sale price and days on market comparison of October 2014 and October 2015 in all jurisdictions of the Niagara Association of REALTORS®.

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As real estate professionals, it our primary goal to provide our clients with the most thorough information possible when it comes to finding a place to live. Each and every day we actively promote the value of our vibrant Niagara lifestyle and demonstrate our deep personal commitment to helping our local communities thrive.

We are both life-long Niagara residents and have been highly successful local REALTORS® since 1988. You can rely on us to help you analyze the Niagara market and its housing trends. Our trusted personal service has allowed us to build our business primarily through repeat customers and referrals from satisfied clients

We invite you to visit our website www.NiagaraRealtySource.com where you can explore our local real estate market information and learn more about the professional marketing and property search services that we provide. 
John and Cathy