The spring market is here as evidenced by the brisk sales numbers in March. We are seeing a continued influx of buyers who are able to work remotely and families looking to move from attached units to detached properties coming to Niagara. Although supply has also increased, demand has outpaced it.

• Residential home sales activity recorded through MLS totaled 1,081 units in March 2021. This was an increase of 102.9% from March 2020.
• The overall benchmark price for the Niagara region was $620,700 in March 2021. This was an increase of 37.2% compared to March 2020. The characteristics of the benchmark is a home between the age of 51 to 99 with three bedrooms and two bathrooms.
• 1,471 Listed residential properties in Niagara last month, an increase of 61.1% compared to March 2020.
• The average days it took to sell a home in March was 16 days, compared to 37 days in March 2020.