Niagara Real Estate Sales UP 14.2% in March!

The Niagara Association of REALTORS® (NAR) reported 603 property sales processed through the NAR Multiple Listing Service (MLS®) system in March. This represents an increase of 14.2% in sales over March of last year. The residential average sale price of $261,279 was 5.2% higher than last March. The average days on market increased from 59 to 64 in the residential freehold market, and increased from 59 to 67 in the condominium market. Please refer to the accompanying chart for residential market activity in select areas in NAR’s jurisdiction.

Marchstats

Total sales, average sale price and days on market comparison of March 2014 and March 2015

in all jurisdictions of the Niagara Association of REALTORS®.

MarchSUMMARY


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