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March brought us a (last?) blast of winter during the March Break but it didn’t slow down the real estate market!  Compared to March of last year, there was a 26% increase in sales in Niagara. The average days on (residential) market decreased from 44 to 27.  The residential average sale price of $403,251 was 33% higher than March 2016.

According to the Niagara Association of REALTORS®, 85% of the listed properties sell before the expiry date of the listing.  This is due to the supply and demand factor, which in turn has created a ‘seller’s market’.

If you require more information about the real estate market,

feel free to contact us.

We’re local.  We’re experienced. We’re here.

We’re the Your Niagara Home Team.

 

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