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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