December 8th, 2015, Niagara – The Niagara Association of REALTORS® (NAR) reported 599 property sales processed through the NAR Multiple Listing Service (MLS®) system in November. This represents a 14.3% increase in sales over November of last year.
The residential average sale price of $264,083 was 2.9% higher than last November. The average days on market decreased from 61 to 55 in the residential freehold market.
Please refer to the accompanying chart for residential market activity in select areas in NAR’s jurisdiction.
Categories: Real Estate Market Update