niagara north - blog.rahb.ca
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Prepared for the REALTORS ® Association of Hamilton-Burlington by the Canadian Real Estate Association
NIAGARA NORTHResidential Market Activity Report
April 2021
NIAGARA NORTHMLS® Residential Market Activity
Compared to 6
Actual April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 101 359.1 32.9 94.2 40.3 55.4 94.2
Dollar Volume $90,535,300 549.6 103.1 212.4 167.3 313.6 446.0
New Listings 133 118.0 12.7 19.8 54.7 46.2 43.0
Active Listings 56 -57.6 -66.7 -62.2 -37.8 -59.4 -72.1
Sales to New Listings Ratio1
75.9 36.1 64.4 46.8 83.7 71.4 55.9
Months of Inventory2
0.6 6.0 2.2 2.8 1.3 2.1 3.9
Average Price $896,389 41.5 52.9 60.8 90.6 166.2 181.1
Median Price $850,000 56.7 56.3 69.7 97.7 167.7 203.6
Sale to List Price Ratio 107.8 96.9 98.1 99.5 100.0 98.0 98.1
Median Days on Market 7.0 28.0 20.0 15.0 14.0 24.0 30.0
Average Days on Market 11.3 37.3 36.2 26.1 22.1 42.1 55.9
Compared to 6
Year-to-date April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 342 100.0 54.8 74.5 44.3 80.0 109.8
Dollar Volume $284,358,062 171.5 124.2 165.5 171.1 341.7 460.8
New Listings 427 44.3 11.2 29.8 48.3 59.9 56.4
Active Listings3
53 -53.0 -64.8 -54.1 -33.8 -57.2 -71.3
Sales to New Listings Ratio4
80.1 57.8 57.6 59.6 82.3 71.2 59.7
Months of Inventory5
0.6 2.6 2.7 2.4 1.4 2.6 4.5
Average Price $831,456 35.7 44.9 52.2 87.8 145.4 167.3
Median Price $799,950 43.1 48.1 63.0 98.3 154.8 185.7
Sale to List Price Ratio 108.6 99.1 98.0 98.5 99.4 97.7 97.7
Median Days on Market 7.0 18.0 23.0 21.0 14.0 26.0 44.0
Average Days on Market 12.2 30.1 39.7 37.6 31.8 51.1 69.6
1 Sales / new listings * 100; compared to levels from previous periods.2 Active listings at month end / monthly sales; compared to levels from previous periods.3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.4 Sum of sales from January to current month / sum of new listings from January to current month.5 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.6 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.
NIAGARA NORTHMLS® Residential Market Activity
Sales Activity(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
75
49
65 62
72 69
52
76
22
101
New Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
77
90 91
77
86 92
111 11
8
61
133
Active Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
164 169
138
127
90
68
148
168
132
56
Months of Inventory(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.2
3.4
2.1
2.0
1.3
1.0 2.
8
2.2
6.0
0.6
Days on Market(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3656
3464
2442
1831
1422 8
14 1526
2036
2837
711
Sales to New Listings Ratio(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
97.4
%
54.4
%
71.4
% 80.5
%
83.7
%
75.0
%
46.8
%
64.4
%
36.1
%
75.9
%
MLS® HPI Composite Benchmark Price and Average Price
Jan2
012
Jul2
012
Jan2
013
Jul2
013
Jan2
014
Jul2
014
Jan2
015
Jul2
015
Jan2
016
Jul2
016
Jan2
017
Jul2
017
Jan2
018
Jul2
018
Jan2
019
Jul2
019
Jan2
020
Jul2
020
Jan2
021
Jul2
021
$300,000
$500,000
$700,000
$900,000
NIAGARA NORTHMLS® Residential Market Activity
Sales Activity(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
198
160 19
0
172
237
211
196 22
1
171
342
New Listings(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
287
269
267
262 28
8
253
329
384
296
427
Active Listings1
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
162
150
124
114
80
55
116
151
113
53
Months of Inventory2
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.3
3.8
2.6 2.7
1.4
1.0
2.4
2.7
2.6
0.6
Days on Market(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3858
3459
2651
2440
1432
10 22 2138
2340
1830
712
Sales to New Listings Ratio(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
69.0
%
59.5
%
71.2
%
65.6
%
82.3
%
83.4
%
59.6
%
57.6
%
57.8
%
80.1
%
1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.2 Average active listings January to the current month / average sales January to the current month.
NIAGARA NORTHMLS® Single Family Market Activity
Compared to 6
Actual April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 63 350.0 28.6 90.9 23.5 26.0 53.7
Dollar Volume $66,328,000 558.6 106.0 217.7 149.7 270.6 370.8
New Listings 83 144.1 5.1 18.6 38.3 22.1 13.7
Active Listings 32 -56.8 -67.7 -61.4 -51.5 -71.2 -80.1
Sales to New Listings Ratio1
75.9 41.2 62.0 47.1 85.0 73.5 56.2
Months of Inventory2
0.5 5.3 2.0 2.5 1.3 2.2 3.9
Average Price $1,052,825 46.4 60.2 66.4 102.2 194.1 206.4
Median Price $982,000 55.9 56.6 66.4 113.5 188.8 206.9
Sale to List Price Ratio 109.1 96.0 98.2 99.6 100.0 97.8 96.9
Median Days on Market 6.0 28.0 18.0 13.0 14.0 25.5 34.0
Average Days on Market 10.8 31.0 41.3 27.9 22.8 48.1 62.6
Compared to 6
Year-to-date April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 207 113.4 52.2 59.2 20.3 44.8 68.3
Dollar Volume $200,272,089 197.9 130.8 155.7 139.9 287.1 377.9
New Listings 247 53.4 6.9 28.0 18.8 20.5 19.9
Active Listings3
29 -55.3 -67.3 -59.0 -50.9 -72.1 -81.3
Sales to New Listings Ratio4
83.8 60.2 58.9 67.4 82.7 69.8 59.7
Months of Inventory5
0.6 2.6 2.6 2.1 1.3 2.9 4.9
Average Price $967,498 39.6 51.6 60.6 99.4 167.4 184.0
Median Price $905,000 42.5 47.0 59.9 103.4 166.6 198.7
Sale to List Price Ratio 109.1 98.8 97.9 98.5 99.1 97.6 97.1
Median Days on Market 6.0 19.0 21.5 21.5 15.0 26.0 54.0
Average Days on Market 12.4 29.0 39.4 39.9 32.3 53.1 79.2
1 Sales / new listings * 100; compared to levels from previous periods.2 Active listings at month end / monthly sales; compared to levels from previous periods.3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.4 Sum of sales from January to current month / sum of new listings from January to current month.5 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.6 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.
NIAGARA NORTHMLS® Single Family Market Activity
Sales Activity(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
57
36
50
45
51 49
33
49
14
63
New Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
52
67 68
57 60 63
70
79
34
83
Active Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
134
130
111
105
66
50
83
99
74
32
Months of Inventory(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.4
3.6
2.2 2.3 1.
3
1.0 2.
5
2.0
5.3
0.5
Days on Market(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3861
4162
2648
2634
1423 8
13 1328
1841
2831
611
Sales to New Listings Ratio(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
110%
53.7
%
73.5
%
78.9
%
85.0
%
77.8
%
47.1
% 62.0
%
41.2
%
75.9
%
MLS® HPI Single Family Benchmark Price and Average Price
Jan2
012
Jul2
012
Jan2
013
Jul2
013
Jan2
014
Jul2
014
Jan2
015
Jul2
015
Jan2
016
Jul2
016
Jan2
017
Jul2
017
Jan2
018
Jul2
018
Jan2
019
Jul2
019
Jan2
020
Jul2
020
Jan2
021
Jul2
021
$400,000
$600,000
$800,000
$1,000,000
NIAGARA NORTHMLS® Single Family Market Activity
Sales Activity(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
146
125 14
3
119
172
156
130 13
6
97
207
New Listings(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
220
201
205
191 20
8
183 19
3
231
161
247
Active Listings1
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
131
120
102
92
58
43
70
87
64 29
Months of Inventory2
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.6 3.
8
2.9 3.
1
1.3
1.1
2.1
2.6 2.6
0.6
Days on Market(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
4061
3556
2653
2745
1532
11 2422
4022
3919
296
12
Sales to New Listings Ratio(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
66.4
%
62.2
% 69.8
%
62.3
%
82.7
%
85.2
%
67.4
%
58.9
%
60.2
%
83.8
%
1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.2 Average active listings January to the current month / average sales January to the current month.
NIAGARA NORTHMLS® Townhouse Market Activity
Compared to 6
Actual April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 23 475.0 27.8 64.3 53.3 64.3 109.1
Dollar Volume $16,183,400 695.0 81.4 176.5 189.8 331.4 549.4
New Listings 30 87.5 3.4 15.4 87.5 42.9 76.5
Active Listings 11 -60.7 -68.6 -71.8 -15.4 -47.6 -67.6
Sales to New Listings Ratio1
76.7 25.0 62.1 53.8 93.8 66.7 64.7
Months of Inventory2
0.5 7.0 1.9 2.8 0.9 1.5 3.1
Average Price $703,626 38.3 42.0 68.3 89.0 162.6 210.6
Median Price $695,000 36.6 45.5 69.6 87.1 156.0 187.2
Sale to List Price Ratio 105.1 98.9 97.6 99.6 99.8 98.9 102.6
Median Days on Market 7.0 39.5 20.0 15.0 13.0 16.0 23.0
Average Days on Market 11.9 39.3 26.7 16.6 19.1 20.9 31.0
Compared to 6
Year-to-date April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 77 35.1 26.2 67.4 48.1 83.3 113.9
Dollar Volume $55,723,821 86.6 86.1 166.7 212.3 386.3 595.3
New Listings 104 26.8 11.8 14.3 76.3 92.6 79.3
Active Listings3
10 -55.6 -66.7 -62.6 -24.5 -41.2 -62.3
Sales to New Listings Ratio4
74.0 69.5 65.6 50.5 88.1 77.8 62.1
Months of Inventory5
0.5 1.6 2.0 2.3 1.0 1.6 2.9
Average Price $723,686 38.2 47.4 59.4 110.9 165.2 225.1
Median Price $695,000 37.6 49.5 63.5 99.2 158.8 189.0
Sale to List Price Ratio 110.6 99.9 98.2 98.8 100.1 98.2 99.9
Median Days on Market 7.0 15.0 21.0 14.5 12.5 19.0 22.5
Average Days on Market 9.0 29.1 33.1 22.5 30.5 43.3 38.7
1 Sales / new listings * 100; compared to levels from previous periods.2 Active listings at month end / monthly sales; compared to levels from previous periods.3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.4 Sum of sales from January to current month / sum of new listings from January to current month.5 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.6 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.
NIAGARA NORTHMLS® Townhouse Market Activity
Sales Activity(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
16
11
14 14
15 16
14
18
4
23
New Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
21
18
21
17 16
19
26
29
16
30
Active Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
26
30
21
19
13
10
39
35
28
11
Months of Inventory(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
1.6
2.7 1.
5
1.4
0.9
0.6 2.
8
1.9
7.0
0.5
Days on Market(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
2935
2578
1621
1222
1319
615 15
1720
2740 39
712
Sales to New Listings Ratio(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
76.2
%
61.1
%
66.7
%
82.4
% 93.8
%
84.2
%
53.8
% 62.1
%
25.0
%
76.7
%
MLS® HPI Townhouse Benchmark Price and Average Price
Jan2
012
Jul2
012
Jan2
013
Jul2
013
Jan2
014
Jul2
014
Jan2
015
Jul2
015
Jan2
016
Jul2
016
Jan2
017
Jul2
017
Jan2
018
Jul2
018
Jan2
019
Jul2
019
Jan2
020
Jul2
020
Jan2
021
Jul2
021
$200,000
$400,000
$600,000
$800,000
NIAGARA NORTHMLS® Townhouse Market Activity
Sales Activity(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
46
34
42 45
52
43
46
61
57
77
New Listings(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
56 57 54
60 59
51
91 93
82
104
Active Listings1
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
28
24
17
19
13
8
27
30
23
10
Months of Inventory2
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.4
2.8
1.6 1.7
1.0
0.7
2.3
2.0
1.6
0.5
Days on Market(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3549
3367
1943
1729
1331
713
1523 21
3315
297 9
Sales to New Listings Ratio(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
82.1
%
59.6
%
77.8
%
75.0
%
88.1
%
84.3
%
50.5
%
65.6
%
69.5
%
74.0
%
1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.2 Average active listings January to the current month / average sales January to the current month.
NIAGARA NORTHMLS® Apartment-Style Market Activity
Compared to 6
Actual April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 12 300.0 71.4 140.0 200.0 1,100.0 —
Dollar Volume $5,768,900 332.3 138.3 156.0 425.2 2,303.7 —
New Listings 19 72.7 90.0 46.2 171.4 850.0 533.3
Active Listings 13 -56.7 -61.8 -38.1 30.0 160.0 116.7
Sales to New Listings Ratio1
63.2 27.3 70.0 38.5 57.1 50.0 —
Months of Inventory2
1.1 10.0 4.9 4.2 2.5 5.0 —
Average Price $480,742 8.1 39.0 6.7 75.1 100.3 —
Median Price $480,000 12.3 42.9 35.0 74.6 100.0 —
Sale to List Price Ratio 108.6 97.8 97.9 98.6 100.6 98.0 —
Median Days on Market 8.0 61.0 29.0 35.0 30.5 37.0 —
Average Days on Market 10.6 71.3 28.9 40.4 33.8 37.0 —
Compared to 6
Year-to-date April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 53 253.3 165.0 194.4 488.9 1,225.0 1,666.7
Dollar Volume $24,916,152 274.0 209.2 259.8 1,011.2 2,707.5 4,497.1
New Listings 71 42.0 26.8 77.5 373.3 914.3 914.3
Active Listings3
14 -44.7 -56.2 -9.5 72.7 256.3 147.8
Sales to New Listings Ratio4
74.6 30.0 35.7 45.0 60.0 57.1 42.9
Months of Inventory5
1.1 6.9 6.5 3.5 3.7 4.0 7.7
Average Price $470,116 5.8 16.7 22.2 88.7 111.9 160.2
Median Price $458,000 14.5 25.0 30.5 90.9 98.1 126.2
Sale to List Price Ratio 104.1 98.4 97.2 97.8 99.5 97.5 97.2
Median Days on Market 9.0 24.0 32.5 34.0 32.0 35.5 61.0
Average Days on Market 16.5 42.5 66.6 55.4 41.4 55.8 62.7
1 Sales / new listings * 100; compared to levels from previous periods.2 Active listings at month end / monthly sales; compared to levels from previous periods.3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.4 Sum of sales from January to current month / sum of new listings from January to current month.5 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.6 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.
NIAGARA NORTHMLS® Apartment-Style Market Activity
Sales Activity(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
1 1 1
2
4 4
5
7
3
12
New Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3
5
2
1 7
10
13
10
11
19
Active Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3
9
5
2 10
8
21
34
30
13
Months of Inventory(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.0
9.0
5.0
1.0
2.5
2.0
4.2 4.
9
10.0
1.1
Days on Market(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
101
101
32 3237 37
30 30 31 348 8
3540
29 2961
718 11
Sales to New Listings Ratio(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
33.3
%
20.0
% 50.0
%
200%
57.1
% 40.0
%
38.5
%
70.0
%
27.3
%
63.2
%
MLS® HPI Apartment-Style Benchmark Price and Average Price
Jan2
012
Jul2
012
Jan2
013
Jul2
013
Jan2
014
Jul2
014
Jan2
015
Jul2
015
Jan2
016
Jul2
016
Jan2
017
Jul2
017
Jan2
018
Jul2
018
Jan2
019
Jul2
019
Jan2
020
Jul2
020
Jan2
021
Jul2
021
$200,000$300,000$400,000$500,000$600,000
NIAGARA NORTHMLS® Apartment-Style Market Activity
Sales Activity(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
4
1
4
6
9 11
18
20
15
53
New Listings(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
8 11
7 8
15
18
40
56
50
71
Active Listings1
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2
6
4
3
8
4
16
33
26
14
Months of Inventory2
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.3
23.0
4.0
1.7 3.
7
1.4
3.5
6.5 6.9
1.1
Days on Market(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
52 5432 32
3656
2226
3241
1118
3455
3367
2443
916
Sales to New Listings Ratio(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
50.0
%
9.1%
57.1
%
75.0
%
60.0
%
61.1
%
45.0
%
35.7
%
30.0
%
74.6
%
1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.2 Average active listings January to the current month / average sales January to the current month.
NIAGARA NORTHMLS® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
BenchmarkType: April 2021 1 month ago
3 monthsago
6 monthsago
12 monthsago 3 years ago 5 years ago
Composite $863,100 3.1 16.5 21.8 34.7 58.6 102.1
Single Family $892,000 3.3 17.3 22.7 36.3 58.7 101.1
One Storey $835,900 6.9 19.0 23.6 42.0 70.7 104.9
Two Storey $942,100 1.7 16.4 22.2 33.6 50.9 98.5
Townhouse $649,000 1.0 14.0 23.5 32.4 56.3 107.1
Apartment $515,400 3.6 12.4 11.2 19.4 61.6 130.6
MLS® HPI Benchmark Price
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
$200,000
$400,000
$600,000
$800,000
$1,000,000
ApartmentTownhouse2 Storey1 StoreySingle FamilyComposite
NIAGARA NORTH MLS® HPI Benchmark Descriptions
Composite
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1426
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
1
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers
Single Family
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1463
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6457
Number ofFireplaces
1
Total Number OfRooms
8
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
NIAGARA NORTH MLS® HPI Benchmark Descriptions
1 Storey
Features Value
Above GroundBedrooms
3
Age Category 31 to 50
Bedrooms 4
Below GroundBedrooms
1
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1325
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 7825
Number ofFireplaces
1
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
2 Storey
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1681
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 5482
Number ofFireplaces
1
Total Number OfRooms
8
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
NIAGARA NORTH MLS® HPI Benchmark Descriptions
Townhouse
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
AttachedSpecification
Row
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1218
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
6
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers
Apartment
Features Value
Above GroundBedrooms
2
Age Category 6 to 15
Basement Finish Unfinished
Bedrooms 2
Below GroundBedrooms
0
Exterior Walls Masonry
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Gross Living Area(Above Ground; insq. ft.)
1065
Half Bathrooms 0
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
5
WastewaterDisposal
Municipal sewers
GRIMSBY (54)MLS® Residential Market Activity
Compared to 6
Actual April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 76 375.0 28.8 90.0 22.6 43.4 85.4
Dollar Volume $67,706,200 543.7 98.8 190.7 127.0 284.3 390.7
New Listings 105 114.3 10.5 22.1 61.5 41.9 54.4
Active Listings 45 -57.5 -66.7 -61.2 -31.8 -58.3 -67.6
Sales to New Listings Ratio1
72.4 32.7 62.1 46.5 95.4 71.6 60.3
Months of Inventory2
0.6 6.6 2.3 2.9 1.1 2.0 3.4
Average Price $890,871 35.5 54.4 53.0 85.2 168.0 164.7
Median Price $847,500 56.2 59.9 66.7 90.4 169.0 173.4
Sale to List Price Ratio 108.9 96.6 98.0 99.3 99.8 98.2 98.5
Median Days on Market 7.0 34.0 20.0 15.0 14.5 21.0 34.0
Average Days on Market 10.5 40.9 32.8 29.0 23.5 40.4 61.6
Compared to 6
Year-to-date April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 276 106.0 56.8 82.8 39.4 87.8 109.1
Dollar Volume $227,012,502 169.3 127.4 167.9 153.4 342.0 437.0
New Listings 348 47.5 10.5 35.4 52.0 63.4 66.5
Active Listings3
42 -53.2 -64.6 -52.0 -32.4 -54.4 -67.0
Sales to New Listings Ratio4
79.3 56.8 55.9 58.8 86.5 69.0 63.2
Months of Inventory5
0.6 2.7 2.7 2.3 1.3 2.5 3.9
Average Price $822,509 30.8 45.0 46.6 81.8 135.4 156.8
Median Price $786,944 35.3 48.5 54.3 87.1 147.5 175.7
Sale to List Price Ratio 109.2 99.4 97.9 98.5 99.4 97.8 97.9
Median Days on Market 7.0 17.0 21.0 20.0 15.0 23.0 41.0
Average Days on Market 11.8 28.4 37.0 36.9 32.5 47.7 66.9
1 Sales / new listings * 100; compared to levels from previous periods.2 Active listings at month end / monthly sales; compared to levels from previous periods.3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.4 Sum of sales from January to current month / sum of new listings from January to current month.5 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.6 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.
GRIMSBY (54)MLS® Residential Market Activity
Sales Activity(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
54
39
53 54
62
51
40
59
16
76
New Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
55
74 74
65 65
72
86
95
49
105
Active Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
116 12
9
108
95
66
55
116
135
106
45
Months of Inventory(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.1
3.3
2.0
1.8
1.1
1.1 2.
9
2.3
6.6
0.6
Days on Market(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3348
3267
2140
1731
1524 8
14 1529
2033 34
417
11
Sales to New Listings Ratio(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
98.2
%
52.7
%
71.6
% 83.1
% 95.4
%
70.8
%
46.5
%
62.1
%
32.7
%
72.4
%
MLS® HPI Composite Benchmark Price and Average Price
Jan2
012
Jul2
012
Jan2
013
Jul2
013
Jan2
014
Jul2
014
Jan2
015
Jul2
015
Jan2
016
Jul2
016
Jan2
017
Jul2
017
Jan2
018
Jul2
018
Jan2
019
Jul2
019
Jan2
020
Jul2
020
Jan2
021
Jul2
021
$300,000
$500,000
$700,000
$900,000
GRIMSBY (54)MLS® Residential Market Activity
Sales Activity(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
159
127 14
7
141
198
158
151 17
6
134
276
New Listings(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
218
213
213
212 22
9
195
257
315
236
348
Active Listings1
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
117
114
93
87
63
41
88
120
90
42
Months of Inventory2
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.9
3.6
2.5
2.5
1.3
1.0
2.3
2.7
2.7
0.6
Days on Market(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3653
3457
2348
2140
1532
10 22 2037
2137
1728
712
Sales to New Listings Ratio(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
72.9
%
59.6
% 69.0
%
66.5
%
86.5
%
81.0
%
58.8
%
55.9
%
56.8
%
79.3
%
1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.2 Average active listings January to the current month / average sales January to the current month.
GRIMSBY (54)MLS® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
BenchmarkType: April 2021 1 month ago
3 monthsago
6 monthsago
12 monthsago 3 years ago 5 years ago
Composite $874,500 2.7 16.3 21.2 32.1 55.5 99.5
Single Family $909,600 2.9 17.2 22.3 33.7 55.1 97.6
One Storey $830,700 6.5 18.8 23.0 37.7 63.5 97.4
Two Storey $963,500 1.7 16.6 22.0 32.1 49.9 96.9
Townhouse $661,100 0.7 13.3 22.9 30.2 55.6 108.4
Apartment $515,400 3.6 12.4 11.2 19.4 61.6 130.6
MLS® HPI Benchmark Price
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
$200,000
$400,000
$600,000
$800,000
$1,000,000
ApartmentTownhouse2 Storey1 StoreySingle FamilyComposite
GRIMSBY (54) MLS® HPI Benchmark Descriptions
Composite
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1436
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
1
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers
Single Family
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1475
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6212
Number ofFireplaces
1
Total Number OfRooms
8
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
GRIMSBY (54) MLS® HPI Benchmark Descriptions
1 Storey
Features Value
Above GroundBedrooms
3
Age Category 31 to 50
Bedrooms 4
Below GroundBedrooms
1
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1324
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 7851
Number ofFireplaces
1
Total Number OfRooms
8
Type Of Foundation Basement,Concrete blocs
Type of Property Detached
WastewaterDisposal
Municipal sewers
2 Storey
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1656
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 5133
Number ofFireplaces
1
Total Number OfRooms
8
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
GRIMSBY (54) MLS® HPI Benchmark Descriptions
Townhouse
Features Value
Above GroundBedrooms
2
Age Category 6 to 15
AttachedSpecification
Row
Bedrooms 2
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1230
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
6
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers
Apartment
Features Value
Above GroundBedrooms
2
Age Category 6 to 15
Basement Finish Unfinished
Bedrooms 2
Below GroundBedrooms
0
Exterior Walls Masonry
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Gross Living Area(Above Ground; insq. ft.)
1112
Half Bathrooms 0
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
5
WastewaterDisposal
Municipal sewers
SMITHVILLE (57)MLS® Residential Market Activity
Compared to 6
Actual April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 25 316.7 47.1 108.3 150.0 108.3 127.3
Dollar Volume $22,829,100 567.7 117.1 301.3 464.9 434.3 720.1
New Listings 28 133.3 21.7 12.0 33.3 64.7 12.0
Active Listings 11 -57.7 -66.7 -65.6 -54.2 -63.3 -82.3
Sales to New Listings Ratio1
89.3 50.0 73.9 48.0 47.6 70.6 44.0
Months of Inventory2
0.4 4.3 1.9 2.7 2.4 2.5 5.6
Average Price $913,164 60.3 47.6 92.6 125.9 156.5 260.8
Median Price $850,000 61.3 43.6 72.6 114.5 162.8 277.8
Sale to List Price Ratio 104.3 97.8 98.1 100.1 101.3 97.5 96.7
Median Days on Market 7.0 21.0 21.0 12.0 8.5 48.5 19.0
Average Days on Market 13.7 27.7 47.8 16.4 13.2 49.7 34.5
Compared to 6
Year-to-date April 2021 April 2020 April 2019 April 2018 April 2016 April 2014 April 2011
Sales Activity 66 78.4 46.7 46.7 69.2 53.5 112.9
Dollar Volume $57,345,560 180.4 112.5 156.3 274.1 340.5 580.0
New Listings 79 31.7 14.5 9.7 33.9 46.3 23.4
Active Listings3
11 -52.2 -65.3 -60.9 -38.6 -65.3 -81.1
Sales to New Listings Ratio4
83.5 61.7 65.2 62.5 66.1 79.6 48.4
Months of Inventory5
0.7 2.4 2.8 2.4 1.8 2.9 7.3
Average Price $868,872 57.2 44.9 74.8 121.0 187.0 219.4
Median Price $833,000 75.4 44.9 75.4 123.9 194.9 224.1
Sale to List Price Ratio 106.4 98.1 98.1 98.7 99.5 97.3 97.1
Median Days on Market 7.0 21.0 28.0 26.0 14.0 37.0 63.0
Average Days on Market 13.9 36.1 50.1 40.2 28.6 62.7 81.0
1 Sales / new listings * 100; compared to levels from previous periods.2 Active listings at month end / monthly sales; compared to levels from previous periods.3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.4 Sum of sales from January to current month / sum of new listings from January to current month.5 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.6 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.
SMITHVILLE (57)MLS® Residential Market Activity
Sales Activity(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
21
10
12
8
10
18
12
17
6
25
New Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
22
16 17
12
21 20
25
23
12
28
Active Listings(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
48
40
30 32
24
13
32 33
26
11
Months of Inventory(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.3
4.0
2.5
4.0
2.4
0.7
2.7
1.9
4.3
0.4
Days on Market(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
5176
4651 49 50
2329
913
712 12
1621
4821
287
14
Sales to New Listings Ratio(April only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
95.5
%
62.5
% 70.6
%
66.7
%
47.6
%
90.0
%
48.0
%
73.9
%
50.0
%
89.3
%
MLS® HPI Composite Benchmark Price and Average Price
Jan2
012
Jul2
012
Jan2
013
Jul2
013
Jan2
014
Jul2
014
Jan2
015
Jul2
015
Jan2
016
Jul2
016
Jan2
017
Jul2
017
Jan2
018
Jul2
018
Jan2
019
Jul2
019
Jan2
020
Jul2
020
Jan2
021
Jul2
021
$200,000
$400,000
$600,000
$800,000
SMITHVILLE (57)MLS® Residential Market Activity
Sales Activity(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
39
33
43
31
39
53
45 45
37
66
New Listings(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
69
56 54
50
59 58
72 69
60
79
Active Listings1
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
45
36
31
27
18
14
28
31
23 11
Months of Inventory2
(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
4.6
4.4
2.9
3.5
1.8 1.
0 2.4 2.
8
2.4
0.7
Days on Market(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
5175
3465
3763
2742
14 29 1121
2640
2850
2136
714
Sales to New Listings Ratio(April Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
56.5
%
58.9
%
79.6
%
62.0
%
66.1
%
91.4
%
62.5
%
65.2
%
61.7
%
83.5
%
1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.2 Average active listings January to the current month / average sales January to the current month.
SMITHVILLE (57)MLS® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
BenchmarkType: April 2021 1 month ago
3 monthsago
6 monthsago
12 monthsago 3 years ago 5 years ago
Composite $818,100 4.5 17.8 24.7 49.1 76.4 117.9
Single Family $828,700 4.7 17.5 24.4 48.8 76.7 118.5
One Storey $821,900 7.8 20.2 25.6 53.5 93.4 128.2
Two Storey $843,200 1.7 15.0 23.2 43.9 58.9 109.5
Townhouse $444,200 2.9 18.4 27.0 48.6 59.0 105.8
MLS® HPI Benchmark Price
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
$200,000
$400,000
$600,000
$800,000
Townhouse2 Storey1 StoreySingle FamilyComposite
SMITHVILLE (57) MLS® HPI Benchmark Descriptions
Composite
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1365
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers
Single Family
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1381
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6448
Number ofFireplaces
0
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
SMITHVILLE (57) MLS® HPI Benchmark Descriptions
1 Storey
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Bedrooms 4
Below GroundBedrooms
1
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1300
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6809
Number ofFireplaces
0
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
2 Storey
Features Value
Above GroundBedrooms
3
Age Category 6 to 15
Basement Finish Unfinished
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 2
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1740
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6309
Number ofFireplaces
0
Total Number OfRooms
8
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
SMITHVILLE (57) MLS® HPI Benchmark Descriptions
Townhouse
Features Value
Above GroundBedrooms
3
Age Category 31 to 50
AttachedSpecification
Row
Bedrooms 3
Below GroundBedrooms
0
Exterior Walls Masonry & Siding
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
1201
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
6
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers