Pelham Real Estate: May 2016 Monthly Stats at a Glance

The Niagara Association of REALTORS® (NAR) reported 50 residential sales in Pelham processed through the NAR Multiple Listing Service (MLS®) system in May 2016. This represents a 38.9% increase over the 36 unit sales reported in May of last year.

The 12-Month residential average sale price of $439,279 was 12.7% higher than last May’s figure of $389,697.

The average days on market decreased from 74 to 65 in the residential freehold market.

The time on the market varies significantly by price range as outlined in the chart below.

 

Thinking of selling? Call us for a marketing consultation – you may be pleasantly surprised what your home will fetch in the current market conditions.

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