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The following chart displays the number of sales for 12 months to January 31, 2023 vs. the prior 12 months. The CREA HPI Prices are also for 12 months to January 31-23 vs. the prior 12 months. The Home Price Index tracks price fluctuations more accurately as opposed to average or median price which can be skewed depending on whether more lower priced or more higher priced homes sold.
| From 12 Months to January 2023 | Sales Last 12 mo’s | Sales Prior 12 mo’s | % Change No. Sales | HPI Sale Price at Jan 31, 2023 | HPI Sale Price 12 mo’s prior | % Change HPI Sales Price |
| Fort Erie | 543 | 980 | -45% | $501,700 | $625,000 | -19.7% |
| Fonthill/ Pelham |
258 | 374 | -31% | $794,200 | $1,049,200 | -24.3% |
| Grimsby | 482 | 715 | -33% | $805,700 | $943,200 | -14.6% |
| Lincoln | 373 | 493 | -24% | $755,900 | $849,100 | -11.0% |
| Niagara Falls | 1105 | 1930 | -43% | $612,100 | $736,200 | -16.9% |
| Niagara-on-the-Lake | 259 | 485 | -47% | $1,051,900 | $1,174,400 | -10.4% |
| Port Colborne/ Wainfleet |
381 | 538 | -29% | $494,700 | $626,300 | -21.0% |
| St. Catharines |
1758 | 2549 | -31% | $583,000 | $704,300 | -17.6% |
| Thorold | 269 | 604 | -55% | $600,000 | $729,000 | -17.7% |
| Welland | 791 | 1229 | -36% | $510,000 | $679,800 | -24.8% |
| West Lincoln |
172 | 214 | -20% | $750,700 | $936,000 | -19.8% |
*The above stats are based in whole or in part on MLS® System data owned by the Association and the CREA Home Price Index for HPI Sale Prices.
