Niagara Real Estate Market Update - November 2022
Niagara Real Estate Stats stats below for November:
The Niagara Real Estate Market Report Year over Year - November 2022 vs November 2021
New listings in the Niagara Region were 880 in November 2022 vs 751 in November 2021, which is a increase of 17.2%
Residential home sales in Niagara totaled 335 homes in November 2022 compared to 669 in November 2021, which is a decrease of 49.9% ⬇️
The average HPI composite benchmark* price was $642,600 in November 2022, compared to $701,400 in November 2021, which is a decrease of 8.4% ⬇️
⭐️The Niagara Real Estate Market Report Month to Month, November 2022 vs October 2022⭐️ New listings in the Niagara Region were 880 in November 2022 vs 1038 in October 2022, which is a decrease of 15.2% ⬇️
Residential home sales totaled 335 in November 2022 compared to 410 in October 2022, which is a decrease of 18.3%⬇️
The average HPI composite benchmark* price was $642,600 In November 2022, compared to $653,500 in October 2022, which is an decrease of 1.7%.️️⬇️
✨ The characteristics of the HPI composite benchmark is a 1,276 sq. Ft. home between the age of 51 and 99 with 3 bedrooms and 2 bathrooms, and an attached single car garage. ✨
👉 If you are thinking of making a move, or just have any questions about the market , call me! I'm happy to help. ☎️905-321-6165