November Real Estate Market Update

Author: Tracy Phelan, Broker RE/MAX Garden City Realty Inc. Brokerage | Dec 08, 2023 | Categories: #Beamsville , #BuyingorSelling , #Grimsby , #Jordon , #KnowYourMarket , #marketstats , #marketupdate , #NiagaraFalls , #NiagaraontheLake , #NiagaraReal Estate , #StCatharinesRealEstate , #Thorold

Blog by Tracy Phelan Broker RE/MAX Garden City Realty Inc. Brokerage

As we're getting close to 2024, Niagara is still proving to be a great place to buy, sell and invest in Real Estate.

"Niagara housing prices are holding strong with a slight decrease in price of less than 1% month over month and year over year. We also see an increase in sales and new listings year over year,” reports Niagara Association of REALTORS® President, Amy Layton.

“This is a good sign which continues to show Niagara remains an attractive place to buy a home. A higher average days on market of 45.5 days from 37 days in October 2023 shows people are taking a little more time finding the right home as they can continue negotiating with conditions."