The Niagara Association of REALTORS (NAR) reported 895 property sales processed through the Multiple Listing System (MLS) system this past month which means there was a 28.2% increase in sales over June of last year with the residential average sales price of $275,920.  That’s 7.7% higher than last June!

 

The average days on market decreased from 51 to 48 in the residential freehold market, and increased from 78 to 81 in the condominium market. Check out the charts below for full details!

realestate

 

Total sales, average sale price and days on market comparison of June 2014 and June 2015 in all jurisdictions of the Niagara Association of REALTORS®.

realestate2

What do you think about the numbers?  Are you suprised or does it seem about right?

SOURCE: niagararealtors.ca

To receive similar content, “Like” us on Facebook @ https://www.facebook.com/niagarabuzz.ca

Let us know what you think!