Niagara Region Average Sale Prices - August 2022

Dated: September 23 2022

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The Niagara Region Sales Numbers 

August 2022


Based on data from CREA (The National Real Estate Association), home sales were 32% below the five-year average and 28.7% below the 10-year average for August.

There is still a decline in total home sales over the first eight months of the year compared to 2021. A single-family home has seen a small increase of 3.8% in sale price. By comparison, there has been a stronger increase in townhome/row units and apartment pricing between 10-15%.

Although there has been a decrease in total home sales compared to 2021, the average price of homes sold in August has seen some gain. There is also an increase in new listings by 25.6% compared to August 2021.

Sales numbers per region:

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Daniel Passero

A Niagara native and a seasoned real estate professional, Daniel recognizes and values the trust of his clients. His passion for real estate and construction propels him to exceed client expectations ....

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