January 6th, 2016, Niagara – The Niagara Association of REALTORS® (NAR) reported 402 property sales processed through the NAR Multiple Listing Service (MLS®) system in December. This represents an 11.7% increase in sales over December of last year.
The residential average sale price of $279,852 was 16.2% higher than last December. The average days on market decreased from 76 to 60 in the residential freehold market and from 8 to 76 in the condominium market.
Total sales, average sale price and days on market comparison of December 2014 and December 2015 in all jurisdictions of the Niagara Association of REALTORS®.
Categories: Real Estate Market Update