31
Prepared for the REALTORS ® Association of Hamilton-Burlington by the Canadian Real Estate Association NIAGARA NORTH Residential Market Activity Report May 2021
Prepared for the REALTORS ® Association of Hamilton-Burlington by the Canadian Real Estate Association
NIAGARA NORTHResidential Market Activity Report
May 2021
NIAGARA NORTHMLS® Residential Market Activity
Compared to 6
Actual May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 74 37.0 8.8 13.8 8.8 25.4 17.5
Dollar Volume $61,944,186 82.3 56.0 71.6 105.1 193.8 223.1
New Listings 96 23.1 -22.6 -36.0 3.2 6.7 0.0
Active Listings 61 -53.1 -65.5 -70.0 -39.6 -59.9 -71.6
Sales to New Listings Ratio1
77.1 69.2 54.8 43.3 73.1 65.6 65.6
Months of Inventory2
0.8 2.4 2.6 3.1 1.5 2.6 3.4
Average Price $837,084 33.0 43.4 50.7 88.4 134.3 175.1
Median Price $755,500 31.6 43.8 43.9 79.1 130.0 174.7
Sale to List Price Ratio 106.7 98.6 98.3 98.5 99.9 97.6 97.2
Median Days on Market 7.0 23.5 22.0 19.0 15.0 17.0 38.0
Average Days on Market 9.9 36.9 37.8 27.4 24.7 31.4 71.1
Compared to 6
Year-to-date May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 415 84.4 43.6 59.0 36.1 66.7 83.6
Dollar Volume $345,427,248 149.0 107.4 141.2 155.7 304.2 394.3
New Listings 523 39.8 3.0 9.2 37.3 46.5 41.7
Active Listings3
55 -53.0 -65.0 -58.9 -35.2 -57.8 -71.4
Sales to New Listings Ratio4
79.3 60.2 56.9 54.5 80.1 69.7 61.2
Months of Inventory5
0.7 2.6 2.7 2.5 1.4 2.6 4.2
Average Price $832,355 35.0 44.5 51.7 87.9 142.5 169.2
Median Price $785,000 40.2 46.5 57.0 91.5 149.2 182.9
Sale to List Price Ratio 108.3 99.0 98.1 98.5 99.5 97.7 97.6
Median Days on Market 7.0 20.0 22.0 20.0 15.0 23.0 42.5
Average Days on Market 11.6 31.7 39.2 35.1 30.2 46.4 70.0
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.
NIAGARA NORTHMLS® Residential Market Activity
Sales Activity(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
55
67
59
74
68
80
65 68
54
74
New Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
102
91 90 87 93
106
150
124
78
96
Active Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
191
174
152
130
101
79
203
177
130
61
Months of Inventory(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.5
2.6
2.6
1.8
1.5
1.0
3.1
2.6
2.4
0.8
Days on Market(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3554
2544
1731
1839
1525
927
1927
2238
2437
710
Sales to New Listings Ratio(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
53.9
%
73.6
%
65.6
%
85.1
%
73.1
%
75.5
%
43.3
% 54.8
%
69.2
% 77.1
%
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(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
253
227 24
9
246
305
291
261 28
9
225
415
New Listings(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
389
360
357
349 38
1
359
479 50
8
374
523
Active Listings1
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
168
155
129
117
84
59
133
156
116
55
Months of Inventory2
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.3 3.4
2.6
2.4
1.4
1.0
2.5 2.
7
2.6
0.7
Days on Market(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3757
3254
2346
2140
1530
9 2320
3522
3920
327
12
Sales to New Listings Ratio(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
65.0
%
63.1
% 69.7
%
70.5
% 80.1
%
81.1
%
54.5
%
56.9
%
60.2
%
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.
NIAGARA NORTHMLS® Single Family Market Activity
Compared to 6
Actual May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 44 33.3 4.8 0.0 -8.3 4.8 -8.3
Dollar Volume $43,279,486 80.0 53.3 58.4 81.2 166.9 176.6
New Listings 59 37.2 -26.3 -44.3 -16.9 -19.2 -28.0
Active Listings 39 -42.6 -64.2 -69.3 -48.7 -69.0 -77.8
Sales to New Listings Ratio1
74.6 76.7 52.5 41.5 67.6 57.5 58.5
Months of Inventory2
0.9 2.1 2.6 2.9 1.6 3.0 3.7
Average Price $983,625 35.0 46.3 58.4 97.7 154.8 201.7
Median Price $845,000 25.9 39.9 41.8 71.1 126.8 163.0
Sale to List Price Ratio 108.9 98.3 98.3 98.3 99.6 97.3 97.1
Median Days on Market 6.0 23.0 22.5 20.0 17.5 21.0 37.0
Average Days on Market 9.8 34.4 42.0 28.5 26.5 35.5 69.6
Compared to 6
Year-to-date May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 250 92.3 40.4 43.7 13.6 35.1 46.2
Dollar Volume $242,676,575 165.9 111.0 129.7 126.0 257.1 321.6
New Listings 305 49.5 -1.9 2.0 9.3 9.7 5.9
Active Listings3
30 -52.9 -66.8 -62.5 -50.6 -71.6 -80.6
Sales to New Listings Ratio4
82.0 63.7 57.2 58.2 78.9 66.5 59.4
Months of Inventory5
0.6 2.5 2.6 2.3 1.4 2.9 4.6
Average Price $970,706 38.3 50.2 59.9 98.9 164.3 188.4
Median Price $900,500 40.0 46.6 53.9 97.9 161.0 190.5
Sale to List Price Ratio 109.1 98.6 98.0 98.5 99.2 97.5 97.1
Median Days on Market 6.0 20.0 22.0 21.0 15.0 26.0 48.0
Average Days on Market 11.7 30.4 40.0 37.1 31.0 49.1 76.5
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(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
44
49
42
55
48
56
44 42
33
44
New Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
74 76 73
65
71
79
106
80
43
59
Active Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
146
143
126
108
76
62
127
109
68
39
Months of Inventory(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.3
2.9 3.0
2.0
1.6
1.1
2.9
2.6
2.1
0.9
Days on Market(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3750
2250
2136
2145
1826
832
2029
2342
2334
610
Sales to New Listings Ratio(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
59.5
%
64.5
%
57.5
%
84.6
%
67.6
%
70.9
%
41.5
% 52.5
%
76.7
%
74.6
%
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(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
190
174 18
5
174
220
212
174
178
130
250
New Listings(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
294
277
278
256 27
9
262
299 31
1
204
305
Active Listings1
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
134
125
107
95
62
47
81
92
65 30
Months of Inventory2
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.5 3.6
2.9
2.7
1.4
1.1
2.3 2.
6
2.5
0.6
Days on Market(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3958
3155
2649
2645
1531
1126
2137
2240
2030
612
Sales to New Listings Ratio(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
64.6
%
62.8
%
66.5
%
68.0
%
78.9
%
80.9
%
58.2
%
57.2
% 63.7
%
82.0
%
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® Townhouse Market Activity
Compared to 6
Actual May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 19 26.7 -13.6 11.8 11.8 26.7 46.2
Dollar Volume $12,668,900 69.7 25.9 73.4 131.3 182.6 301.8
New Listings 25 56.3 -16.7 -26.5 31.6 66.7 92.3
Active Listings 14 -50.0 -54.8 -68.9 -6.7 -33.3 -58.8
Sales to New Listings Ratio1
76.0 93.8 73.3 50.0 89.5 100.0 100.0
Months of Inventory2
0.7 1.9 1.4 2.6 0.9 1.4 2.6
Average Price $666,784 34.0 45.8 55.1 106.9 123.1 174.9
Median Price $675,000 35.0 42.4 56.6 103.9 143.7 183.6
Sale to List Price Ratio 104.0 99.5 98.5 99.5 101.3 98.4 97.5
Median Days on Market 7.0 22.0 14.0 13.0 9.0 15.0 32.0
Average Days on Market 8.9 41.5 32.0 17.9 17.1 20.1 68.1
Compared to 6
Year-to-date May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 96 33.3 15.7 52.4 39.1 68.4 95.9
Dollar Volume $68,392,721 83.3 71.0 142.5 193.3 329.0 512.4
New Listings 130 32.7 5.7 4.0 66.7 88.4 83.1
Active Listings3
11 -53.4 -63.6 -63.8 -19.1 -38.2 -60.7
Sales to New Listings Ratio4
73.8 73.5 67.5 50.4 88.5 82.6 69.0
Months of Inventory5
0.6 1.6 1.8 2.4 1.0 1.6 2.9
Average Price $712,424 37.4 47.8 59.2 110.8 154.7 212.6
Median Price $695,000 39.0 47.9 61.6 101.4 157.4 190.8
Sale to List Price Ratio 109.3 99.8 98.3 99.0 100.4 98.2 99.3
Median Days on Market 7.0 16.0 20.0 14.0 12.0 17.0 28.0
Average Days on Market 8.8 31.6 32.8 21.3 27.2 37.2 46.5
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(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
10
16
15
16
17
21
17
22
15
19
New Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
26
14 15
17
19
25
34
30
16
25
Active Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
40
25
21
18
15
10
45
31
28
14
Months of Inventory(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
4.0
1.6
1.4
1.1
0.9
0.5
2.6
1.4
1.9
0.7
Days on Market(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3377
23 2615
2013
23 917
913 13
1814 32
2241
7 9
Sales to New Listings Ratio(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
38.5
%
114%
100%
94.1
%
89.5
%
84.0
%
50.0
%
73.3
%
93.8
%
76.0
%
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(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
56
50
57
61
69
64 63
83
72
96
New Listings(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
82
71 69
77 78 76
125
123
98
130
Active Listings1
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
30
24
18 19
14
8
30 30
24
11
Months of Inventory2
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2.7
2.4
1.6
1.5
1.0
0.6
2.4
1.8
1.6
0.6
Days on Market(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3454
2654
1737
1627
1227
813 14
21 2033
1632
7 9
Sales to New Listings Ratio(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
68.3
%
70.4
%
82.6
%
79.2
% 88.5
%
84.2
%
50.4
%
67.5
% 73.5
%
73.8
%
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® Apartment-Style Market Activity
Compared to 6
Actual May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 9 80.0 125.0 800.0 350.0 350.0 350.0
Dollar Volume $4,320,300 121.0 207.3 1,258.6 664.8 1,029.8 1,067.6
New Listings 10 -37.5 -23.1 25.0 400.0 — 900.0
Active Listings 8 -75.0 -77.8 -70.4 -11.1 300.0 60.0
Sales to New Listings Ratio1
90.0 31.3 30.8 12.5 100.0 — 200.0
Months of Inventory2
0.9 6.4 9.0 27.0 4.5 1.0 2.5
Average Price $480,033 22.8 36.6 51.0 70.0 151.1 159.5
Median Price $479,900 23.4 38.1 50.9 69.9 151.0 159.4
Sale to List Price Ratio 99.8 97.1 97.8 97.4 97.5 97.5 96.8
Median Days on Market 14.0 47.0 20.5 31.0 56.5 29.5 127.5
Average Days on Market 12.9 45.0 25.3 31.0 56.5 29.5 127.5
Compared to 6
Year-to-date May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 62 210.0 158.3 226.3 463.6 933.3 1,140.0
Dollar Volume $29,236,452 239.3 208.9 303.7 941.5 2,202.3 3,105.8
New Listings 81 22.7 17.4 68.8 376.5 1,057.1 912.5
Active Listings3
13 -51.9 -60.8 -27.8 54.8 261.1 132.1
Sales to New Listings Ratio4
76.5 30.3 34.8 39.6 64.7 85.7 62.5
Months of Inventory5
1.0 6.8 6.9 4.7 3.8 3.0 5.6
Average Price $471,556 9.4 19.6 23.7 84.8 122.8 158.5
Median Price $459,900 16.6 25.5 31.4 73.5 98.9 127.1
Sale to List Price Ratio 103.5 98.0 97.3 97.8 99.1 97.5 97.0
Median Days on Market 9.5 28.5 29.5 33.0 43.0 34.5 61.0
Average Days on Market 15.9 43.2 59.7 54.1 44.2 47.0 88.6
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® Apartment-Style Market Activity
Sales Activity(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
0
2 2 2 2
3
1
4
5
9
New Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
1 1
0
4
2 2
8
13
16
10
Active Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
4
6
2 3
9
7
27
36
32
8
Months of Inventory(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
0.0
3.0
1.0 1.5
4.5
2.3
27.0
9.0
6.4
0.9
Days on Market(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
45 4530 30
12 1257 57
22 2231 31
2125
47 4514 13
Sales to New Listings Ratio(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
0
200%
0
50.0
%
100%
150%
12.5
% 30.8
%
31.3
%
90.0
%
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(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
4 3
6 8 11
14
19
24
20
62
New Listings(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
9 12
7
12
17 20
48
69
66
81
Active Listings1
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3
6
4 3
8
4
18
33
27
13
Months of Inventory2
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.3
9.7
3.0
1.6
3.8
1.6
4.7
6.9
6.8
1.0
Days on Market(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
52 5444
4035
4717
2343 44
1219
3354
3060
2943
1016
Sales to New Listings Ratio(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
44.4
%
25.0
%
85.7
%
66.7
%
64.7
%
70.0
%
39.6
%
34.8
%
30.3
%
76.5
%
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.
NIAGARA NORTHMLS® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
BenchmarkType: May 2021 1 month ago
3 monthsago
6 monthsago
12 monthsago 3 years ago 5 years ago
Composite $865,200 0.8 10.7 21.8 35.0 56.7 98.0
Single Family $898,800 0.7 11.5 23.0 37.1 59.6 101.2
One Storey $846,800 1.3 15.8 25.6 42.2 66.2 106.5
Two Storey $944,600 0.4 9.5 21.7 34.8 55.5 97.9
Townhouse $643,300 0.5 6.3 20.4 35.9 56.5 98.1
Apartment $414,200 2.8 8.1 13.0 15.1 32.2 80.5
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.)
1443
Half Bathrooms 1
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.)
1491
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6405
Number ofFireplaces
1
Total Number OfRooms
7
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
Basement Finish Totally finished
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.)
1341
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 7920
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.)
1634
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 5690
Number ofFireplaces
0
Total Number OfRooms
7
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.)
1226
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
1
Age Category 0 to 5
AttachedSpecification
Row
Basement Finish Unfinished
Bedrooms 1
Below GroundBedrooms
0
Exterior Walls Masonry
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
764
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
4
Type Of CoveredParking
Underground
WastewaterDisposal
Municipal sewers
GRIMSBY (54)MLS® Residential Market Activity
Compared to 6
Actual May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 60 46.3 11.1 22.4 25.0 33.3 15.4
Dollar Volume $50,495,113 94.3 59.6 82.3 132.5 197.8 210.1
New Listings 79 25.4 -26.2 -32.5 3.9 17.9 -1.2
Active Listings 50 -52.8 -66.4 -68.9 -40.5 -57.3 -67.7
Sales to New Listings Ratio1
75.9 65.1 50.5 41.9 63.2 67.2 65.0
Months of Inventory2
0.8 2.6 2.8 3.3 1.8 2.6 3.0
Average Price $841,585 32.7 43.6 48.9 86.0 123.4 168.8
Median Price $755,500 30.3 41.3 40.3 79.2 122.2 168.9
Sale to List Price Ratio 106.1 98.5 98.4 98.9 99.4 97.3 97.2
Median Days on Market 7.0 22.0 17.5 21.0 15.5 17.0 33.5
Average Days on Market 10.5 35.6 31.8 28.0 25.7 28.8 70.1
Compared to 6
Year-to-date May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 336 92.0 46.1 68.0 36.6 75.0 82.6
Dollar Volume $277,507,615 151.6 111.1 146.8 149.3 306.2 373.9
New Listings 428 43.1 1.4 14.4 40.3 52.9 48.1
Active Listings3
44 -52.9 -64.9 -57.1 -34.1 -54.9 -67.0
Sales to New Listings Ratio4
78.5 58.5 54.5 53.5 80.7 68.6 63.7
Months of Inventory5
0.7 2.7 2.7 2.6 1.4 2.5 3.6
Average Price $825,916 31.1 44.5 46.9 82.6 132.1 159.5
Median Price $780,000 34.5 47.1 51.4 85.5 141.9 173.7
Sale to List Price Ratio 108.6 99.2 98.0 98.6 99.4 97.7 97.7
Median Days on Market 7.0 18.0 21.0 20.0 15.0 20.0 38.5
Average Days on Market 11.5 30.1 35.8 34.7 31.1 43.3 67.8
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(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
40
53
45
61
48
61
49
54
41
60
New Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
76 71 67 70
76 77
117
107
63
79
Active Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
137
130
117
95
84
57
161
149
106
50
Months of Inventory(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.4
2.5 2.
6
1.6 1.
8
0.9
3.3
2.8
2.6
0.8
Days on Market(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
2956
2537
1729
1838
1626
929
2128
1832
2236
710
Sales to New Listings Ratio(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
52.6
%
74.6
%
67.2
%
87.1
%
63.2
%
79.2
%
41.9
% 50.5
%
65.1
% 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
GRIMSBY (54)MLS® Residential Market Activity
Sales Activity(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
199
180 19
2 202
246
219
200 23
0
175
336
New Listings(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
294
284
280
282 30
5
272
374
422
299
428
Active Listings1
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
121
117
98
89
67
44
103
125
93
44
Months of Inventory2
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.0 3.
3
2.5
2.2
1.4
1.0
2.6 2.
7
2.7
0.7
Days on Market(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
3554
2851
2043
2039
1531
924
2035
2136
1830
712
Sales to New Listings Ratio(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
67.7
%
63.4
%
68.6
%
71.6
% 80.7
%
80.5
%
53.5
%
54.5
%
58.5
%
78.5
%
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.
GRIMSBY (54)MLS® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
BenchmarkType: May 2021 1 month ago
3 monthsago
6 monthsago
12 monthsago 3 years ago 5 years ago
Composite $883,900 0.9 10.2 21.3 32.8 53.1 93.3
Single Family $925,400 0.7 10.9 22.7 35.1 56.0 96.2
One Storey $840,900 1.2 15.0 24.7 38.9 59.1 98.5
Two Storey $984,500 0.5 9.5 21.9 33.7 53.8 94.2
Townhouse $658,500 0.7 6.8 20.3 34.6 56.3 99.9
Apartment $414,200 2.8 8.1 13.0 15.1 32.2 80.5
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.)
1450
Half Bathrooms 1
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.)
1507
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6132
Number ofFireplaces
1
Total Number OfRooms
7
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 51 to 99
Basement Finish Totally finished
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.)
1351
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 8056
Number ofFireplaces
1
Total Number OfRooms
7
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.)
1601
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 5306
Number ofFireplaces
1
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
Type of Property Detached
WastewaterDisposal
Municipal sewers
GRIMSBY (54) 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.)
1242
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
1
Age Category 0 to 5
AttachedSpecification
Row
Basement Finish Unfinished
Bedrooms 1
Below GroundBedrooms
0
Exterior Walls Masonry
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Garage Description Attached, Singlewidth
Gross Living Area(Above Ground; insq. ft.)
736
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
4
Type Of CoveredParking
Underground
WastewaterDisposal
Municipal sewers
SMITHVILLE (57)MLS® Residential Market Activity
Compared to 6
Actual May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 14 7.7 0.0 -12.5 -30.0 0.0 27.3
Dollar Volume $11,449,073 43.2 42.0 36.3 34.8 177.5 296.3
New Listings 17 13.3 0.0 -48.5 0.0 -26.1 6.3
Active Listings 11 -54.2 -60.7 -73.8 -35.3 -68.6 -81.7
Sales to New Listings Ratio1
82.4 86.7 82.4 48.5 117.6 60.9 68.8
Months of Inventory2
0.8 1.8 2.0 2.6 0.9 2.5 5.5
Average Price $817,791 33.0 42.0 55.8 92.6 177.5 211.4
Median Price $755,000 37.3 53.3 47.3 78.8 179.7 214.6
Sale to List Price Ratio 109.4 99.0 98.1 97.3 101.2 98.5 97.2
Median Days on Market 7.5 35.0 35.0 13.5 9.0 24.0 47.0
Average Days on Market 7.2 41.0 60.8 25.4 22.5 39.9 75.9
Compared to 6
Year-to-date May 2021 May 2020 May 2019 May 2018 May 2016 May 2014 May 2011
Sales Activity 79 58.0 33.9 29.5 33.9 38.6 88.1
Dollar Volume $67,919,633 138.8 93.8 120.7 185.1 296.2 499.9
New Listings 95 26.7 10.5 -9.5 25.0 23.4 18.8
Active Listings3
11 -53.5 -65.1 -65.1 -39.1 -66.7 -81.5
Sales to New Listings Ratio4
83.2 66.7 68.6 58.1 77.6 74.0 52.5
Months of Inventory5
0.7 2.3 2.6 2.5 1.5 2.8 6.8
Average Price $859,742 51.1 44.7 70.4 112.9 185.9 218.9
Median Price $805,000 62.5 40.0 66.0 111.8 187.5 218.9
Sale to List Price Ratio 107.0 98.3 98.1 98.3 100.0 97.6 97.1
Median Days on Market 7.0 24.0 29.0 20.0 14.0 29.0 50.5
Average Days on Market 12.1 37.4 52.6 36.3 26.5 57.1 79.6
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.
SMITHVILLE (57)MLS® Residential Market Activity
Sales Activity(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
15
14 14
13
20
19
16
14
13
14
New Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
26
20
23
17 17
29
33
17
15
17
Active Listings(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
54
44
35 35
17
22
42
28
24 11
Months of Inventory(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
3.6
3.1
2.5 2.
7
0.9
1.2
2.6
2.0
1.8
0.8
Days on Market(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
4351
2569
2440
1943
9 23 718
14 2535
6135
418 7
Sales to New Listings Ratio(May only)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
57.7
% 70.0
%
60.9
% 76.5
%
118%
65.5
%
48.5
%
82.4
%
86.7
%
82.4
%
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
$200,000
$400,000
$600,000
$800,000
SMITHVILLE (57)MLS® Residential Market Activity
Sales Activity(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
54
47
57
44
59
72
61 59
50
79
New Listings(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
95
76 77
67
76
87
105
86
75
95
Active Listings1
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
47
38
32
28
17
15
30 30
23 11
Months of Inventory2
(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
4.3
4.0
2.8
3.2
1.5
1.1
2.5 2.6
2.3
0.7
Days on Market(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Average Days on MarketMedian Days on Market
4768
3466
2957
2742
1427
920 20
3629
5324
377
12
Sales to New Listings Ratio(May Year-to-date)
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
56.8
% 61.8
%
74.0
%
65.7
%
77.6
%
82.8
%
58.1
%
68.6
%
66.7
%
83.2
%
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: May 2021 1 month ago
3 monthsago
6 monthsago
12 monthsago 3 years ago 5 years ago
Composite $800,500 0.5 12.3 24.1 46.0 75.4 122.8
Single Family $809,200 0.7 13.5 24.3 45.9 76.0 124.7
One Storey $834,800 1.6 17.9 28.3 51.3 89.4 131.4
Two Storey $784,000 -0.2 9.3 20.5 40.3 63.4 120.2
Townhouse $423,200 -1.2 2.8 21.3 44.4 52.3 85.3
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.)
1374
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.)
1392
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.)
1304
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6547
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
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 6313
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
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.)
1198
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Number ofFireplaces
0
Total Number OfRooms
7
Type Of Foundation Basement, Pouredconcrete
WastewaterDisposal
Municipal sewers
