Pelham Average Price Chart -as at Dec. 31, 2009

Total year to date sales in Pelham began to surpass 2008 levels during the month of August with the September year-to-date figure of 171 units representing a 9.6% increase over the total of 156 recorded in 2008. In comparison, third quarter resale housing across the Niagara region increased by an average of 5.6% while year-to-date unit sales lagged 7.6% behind 2008 figures.

By the close of the year residential resale home sales in Pelham had increased 18% over the total volume of units sold in 2008 – the highest percentage improvement achieved in the Niagara Region. During 2009 there were 5083 unit sales recorded in Niagara –just 1.3% shy of the 2008 total of 5131.



Categories: Real Estate Industry, Real Estate Market Update

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