Real Estate Numbers for August 2021 are in…
We are beginning to see a “slow shift” in the market with a slight decrease in the average home prices in Niagara by 0.8% as compared to last month.
This may present some opportunities for buyers as we head into fall.
Compared to August 2020, there is a decrease of -24% in the number of new listings in the Niagara Region and the average days on the market was 20 for August 2020 and remains the same for August 2021!!
The Housing Market continues to perform well!
When we compare the stats for the Niagara Region to August of last year, we see a 24% decrease in the number of sales AND an HPI benchmark price increase of 34% to $657,400!
If you ever see any sales or listings that you are curious about in your neighbourhood, just ASK and I’ll look it up!
How Did YOUR Municipality Perform??
Let’s look at some numbers!!
T.
PS: Remember The Salisbury Team is always here for you!
