niagara north - rahb
TRANSCRIPT
Prepared for the REALTORS® Association of Hamilton-Burlington by the Canadian Real Estate Association
NIAGARA NORTHMLS® Residential Market Activity
April 2019
NIAGARA NORTH
MLS® Residential Market Activity
Sales Activity(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
33
51
73
49
66
61
72
68
58
63
New Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
57
91
75
89 89
77
85 88
112
111
Active Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
295
196
157 16
7
136
128
85
59
111
163
Months of Inventory(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
8.9
3.8 2.
2
3.4 2.
1
2.1
1.2
0.9
1.9
2.6
Days on Market(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
3863
3057
3652
3263
2543
1828
1422
813 16
2821
35
Sales to New Listings Ratio(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
57.9
%
56.0
%
97.3
%
55.1
%
74.2
%
79.2
%
84.7
%
77.3
%
51.8
%
56.8
%
MLS® HPI Composite Benchmark Price and Average Price
Jan2
010
Jul2
010
Jan2
011
Jul2
011
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
$200,000$300,000$400,000$500,000$600,000$700,000
NIAGARA NORTH
MLS® Residential Market Activity
Sales Activity(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
89
163
196
155
188
170
234
209
201 21
3
New Listings(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
289
271 284
265
264
261 28
6
246
327
372
Active Listings1
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
279
177
155
146
122
114
79
47
92
137
Months of Inventory2
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
12.5
4.3
3.2 3.
8
2.6
2.7
1.3
0.9 1.
8 2.6
Days on Market(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
4264
4469
3857
3458
2650
2238
1431
10 21 2037
2138
Sales to New Listings Ratio(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
30.8
%
60.1
% 69.0
%
58.5
%
71.2
%
65.1
%
81.8
%
85.0
%
61.5
%
57.3
%
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 year2 Average active listings January to the current month/average of sales January to the current month
NIAGARA NORTH
MLS® Residential Market Activity
Compared to 6
Actual April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 63 8.6 -7.4 -12.5 -4.5 -13.7 425.0
Dollar Volume $36,237,666 10.8 -3.4 7.0 65.5 52.5 1,006.0
New Listings 111 -0.9 26.1 30.6 24.7 48.0 192.1
Active Listings 163 46.8 176.3 91.8 19.9 3.8 24.4
Sales to New Listings Ratio1
56.8 51.8 77.3 84.7 74.2 97.3 31.6
Months of Inventory2
2.6 1.9 0.9 1.2 2.1 2.2 10.9
Average Price $575,201 2.0 4.3 22.3 73.4 76.7 110.7
Median Price $545,000 5.8 6.2 26.7 72.3 86.0 107.6
Sales to List Price Ratio 97.8 99.0 105.0 100.0 96.6 97.8 95.9
Median Days on Market 21.0 15.5 8.0 14.0 24.5 36.0 80.0
Average Days on Market 35.3 27.8 13.2 22.1 42.5 52.3 94.3
Compared to 6
Year-to-date April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 213 6.0 1.9 -9.0 13.3 8.7 460.5
Dollar Volume $122,126,283 10.3 3.2 18.3 93.8 95.2 1,093.2
New Listings 372 13.8 51.2 30.1 40.9 31.0 167.6
Active Listings3
137 48.9 193.0 74.5 12.3 -11.5 35.6
Sales to New Listings Ratio4
57.3 61.5 85.0 81.8 71.2 69.0 27.3
Months of Inventory5
2.6 1.8 0.9 1.3 2.6 3.2 10.6
Average Price $573,363 4.1 1.2 30.0 71.0 79.6 112.9
Median Price $541,500 9.8 6.2 34.4 74.7 90.3 107.1
Sales to List Price Ratio 97.9 98.5 103.3 99.4 97.2 97.0 95.8
Median Days on Market 21.0 20.0 10.0 14.0 26.0 37.5 67.5
Average Days on Market 38.1 36.9 21.1 31.2 50.3 56.7 79.6
1 Sales / new listings * 100; Compared to levels from previous periods2 Active listings at month end / monthly sales; Compared to levels from previous periods3 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 year4 Sum of sales from January to current month / sum of new listings from January to current month5 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 month6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes
NIAGARA NORTH
MLS® Single Family Market Activity
Sales Activity(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
31
39
54
31
47
41
51
47
35
42
New Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
52
69
52
60
64
57 59 58
70
74
Active Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
247
148
130
117
107
106 60
40
64
95
Months of Inventory(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
8.0
3.8
2.4
3.8
2.3 2.
6 1.2
0.9
1.8
2.3
Days on Market(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
3863
3665
3758
4262
2651
2631
1423
813
1330
2138
Sales to New Listings Ratio(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
59.6
%
56.5
%
104%
51.7
%
73.4
%
71.9
% 86.4
%
81.0
%
50.0
%
56.8
%
MLS® HPI Single Family Benchmark Price and Average Price
Jan2
010
Jul2
010
Jan2
011
Jul2
011
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
$200,000
$400,000
$600,000
$800,000
NIAGARA NORTH
MLS® Single Family Market Activity
Sales Activity(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
76
118
141
112
133
110
166
148
126 13
2
New Listings(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
264
201 21
8
185 19
3
186 20
3
170 18
6
224
Active Listings1
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
235
138
124
107
97 90
56
35
55
80
Months of Inventory2
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
12.4
4.7
3.5 3.8
2.9
3.3 1.
3
0.9 1.
7 2.4
Days on Market(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
4367
4976
4060
3957
2854
2743
1532
11 2421
3921
37
Sales to New Listings Ratio(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
28.8
%
58.7
% 64.7
%
60.5
% 68.9
%
59.1
%
81.8
% 87.1
%
67.7
%
58.9
%
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 year2 Average active listings January to the current month/average of sales January to the current month
NIAGARA NORTH
MLS® Single Family Market Activity
Compared to 6
Actual April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 42 20.0 -10.6 -17.6 -10.6 -22.2 250.0
Dollar Volume $26,746,266 16.6 -6.4 1.1 56.0 42.4 716.3
New Listings 74 5.7 27.6 25.4 15.6 42.3 111.4
Active Listings 95 48.4 137.5 58.3 -11.2 -26.9 -15.9
Sales to New Listings Ratio1
56.8 50.0 81.0 86.4 73.4 103.8 34.3
Months of Inventory2
2.3 1.8 0.9 1.2 2.3 2.4 9.4
Average Price $636,816 -2.9 4.7 22.7 74.5 83.1 133.2
Median Price $596,000 0.0 -0.7 29.6 72.8 83.1 127.0
Sales to List Price Ratio 98.0 99.1 105.5 99.8 97.7 97.8 95.9
Median Days on Market 21.0 13.0 8.0 14.0 26.0 36.5 80.0
Average Days on Market 38.4 29.6 12.5 22.6 50.5 57.6 94.3
Compared to 6
Year-to-date April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 132 4.8 -10.8 -20.5 -0.8 -6.4 312.5
Dollar Volume $84,010,078 7.4 -9.0 4.3 73.9 70.8 824.9
New Listings 224 20.4 31.8 10.3 16.1 2.8 88.2
Active Listings3
80 45.2 128.8 43.2 -17.8 -36.0 -9.9
Sales to New Listings Ratio4
58.9 67.7 87.1 81.8 68.9 64.7 26.9
Months of Inventory5
2.4 1.7 0.9 1.3 2.9 3.5 11.0
Average Price $636,440 2.5 2.0 31.2 75.3 82.5 124.2
Median Price $618,000 5.2 7.9 38.9 79.2 94.3 128.3
Sales to List Price Ratio 97.8 98.5 102.8 99.1 97.6 97.3 95.7
Median Days on Market 20.5 20.5 11.0 14.5 28.0 40.0 73.0
Average Days on Market 36.8 39.4 23.8 31.7 53.8 59.8 82.9
1 Sales / new listings * 100; Compared to levels from previous periods2 Active listings at month end / monthly sales; Compared to levels from previous periods3 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 year4 Sum of sales from January to current month / sum of new listings from January to current month5 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 month6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes
NIAGARA NORTH
MLS® Townhouse Market Activity
Sales Activity(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
1
11
16
12
15
14
15
16
14
15
New Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2
17
20 19
21
15 16
19
27 27
Active Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
33 34
22
30
21
17
13
10
31
35
Months of Inventory(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
33.0
3.1
1.4 2.
5
1.4
1.2
0.9
0.6 2.
2
2.3
Days on Market(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
36 3623
31 2935
2372
1724 12 2213
19 615 15 17
2129
Sales to New Listings Ratio(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
50.0
%
64.7
%
80.0
%
63.2
% 71.4
%
93.3
%
93.8
%
84.2
%
51.9
%
55.6
%
MLS® HPI Townhouse Benchmark Price and Average Price
Jan2
010
Jul2
010
Jan2
011
Jul2
011
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
$200,000
$300,000
$400,000
$500,000
$600,000
NIAGARA NORTH
MLS® Townhouse Market Activity
Sales Activity(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
10
36
47
34
42
45
53
43
46
59
New Listings(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
18
58 55 57 55 58 60
51
91 92
Active Listings1
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
31
26
25
24
17
19
14
8
21
28
Months of Inventory2
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
12.3
2.9
2.1 2.
8
1.6
1.6
1.0
0.7 1.
8
1.9
Days on Market(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
3135
2339
3650
2967
1942
1729
1230
713
1422 20
33
Sales to New Listings Ratio(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
55.6
% 62.1
%
85.5
%
59.6
%
76.4
%
77.6
% 88.3
%
84.3
%
50.5
%
64.1
%
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 year2 Average active listings January to the current month/average of sales January to the current month
NIAGARA NORTH
MLS® Townhouse Market Activity
Compared to 6
Actual April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 15 7.1 -6.3 0.0 0.0 -6.3
Dollar Volume $7,396,900 24.4 -1.0 32.5 97.2 82.5
New Listings 27 0.0 42.1 68.8 28.6 35.0 1,250.0
Active Listings 35 12.9 250.0 169.2 66.7 59.1 191.7
Sales to New Listings Ratio1
55.6 51.9 84.2 93.8 71.4 80.0
Months of Inventory2
2.3 2.2 0.6 0.9 1.4 1.4
Average Price $493,127 16.1 5.6 32.5 97.2 94.7
Median Price $450,000 5.0 -4.4 21.1 66.7 75.3
Sales to List Price Ratio 97.3 99.5 105.1 99.8 92.3 97.8
Median Days on Market 21.0 15.0 6.0 13.0 17.0 28.5
Average Days on Market 29.1 16.8 15.3 19.1 24.2 35.0
Compared to 6
Year-to-date April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 59 28.3 37.2 11.3 40.5 25.5 1,375.0
Dollar Volume $28,909,105 37.9 44.1 58.9 156.7 153.8 3,904.0
New Listings 92 1.1 80.4 53.3 67.3 67.3 607.7
Active Listings3
28 30.6 258.1 105.6 60.9 12.1 200.0
Sales to New Listings Ratio4
64.1 50.5 84.3 88.3 76.4 85.5 30.8
Months of Inventory5
1.9 1.8 0.7 1.0 1.6 2.1 9.3
Average Price $489,985 7.5 5.0 42.8 82.7 102.2 171.5
Median Price $455,000 6.2 1.8 30.8 69.5 82.0 138.2
Sales to List Price Ratio 98.2 98.9 105.9 100.1 95.8 95.8 95.8
Median Days on Market 20.0 14.0 7.0 12.0 19.0 36.0 78.5
Average Days on Market 32.8 21.6 13.3 30.1 42.1 49.8 80.8
1 Sales / new listings * 100; Compared to levels from previous periods2 Active listings at month end / monthly sales; Compared to levels from previous periods3 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 year4 Sum of sales from January to current month / sum of new listings from January to current month5 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 month6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes
NIAGARA NORTH
MLS® Apartment-Style Market Activity
Sales Activity(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0 0
1 1 1
2
4 4
5
6
New Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
1
3 3
4
2
1
7
10
13
9
Active Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
1
6
3
8
5
2 10
8
15
30
Months of Inventory(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0.0
0.0
3.0
8.0
5.0
1.0
2.5
2.0
3.0
5.0
Days on Market(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
101
101
32 3237 37
30 30 31 348 8
3540
30 29
Sales to New Listings Ratio(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0 0
33.3
%
25.0
% 50.0
%
200%
57.1
% 40.0
%
38.5
%
66.7
%
MLS® HPI Apartment-Style Benchmark Price and Average Price
Jan2
010
Jul2
010
Jan2
011
Jul2
011
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
$200,000
$300,000
$400,000
$500,000
$600,000
NIAGARA NORTH
MLS® Apartment-Style Market Activity
Sales Activity(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0
3
4
1
4
6
9
11
18
19
New Listings(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
1
7 8 10
7 8
15
18
40
48
Active Listings1
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
1
5
2
6
4
3 8
4
13
28
Months of Inventory2
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0.0 7.
0 2.3
22.0
4.0
1.7
3.7
1.3 2.
8
5.8
Days on Market(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
61 6352
5532 32
3656
2226
3241
1118
3454
3265
Sales to New Listings Ratio(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
0
42.9
%
50.0
%
10.0
%
57.1
%
75.0
%
60.0
%
61.1
%
45.0
%
39.6
%
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 year2 Average active listings January to the current month/average of sales January to the current month
NIAGARA NORTH
MLS® Apartment-Style Market Activity
Compared to 6
Actual April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 6 20.0 50.0 50.0 500.0 500.0
Dollar Volume $2,094,500 -7.0 100.1 90.7 772.7 810.7
New Listings 9 -30.8 -10.0 28.6 350.0 200.0 800.0
Active Listings 30 100.0 275.0 200.0 500.0 900.0 2,900.0
Sales to New Listings Ratio1
66.7 38.5 40.0 57.1 50.0 33.3
Months of Inventory2
5.0 3.0 2.0 2.5 5.0 3.0
Average Price $349,083 -22.5 33.4 27.1 45.5 51.8
Median Price $349,750 -1.6 32.0 27.2 45.7 52.1
Sales to List Price Ratio 97.7 98.6 101.3 100.6 98.0 97.9
Median Days on Market 30.0 35.0 8.0 30.5 37.0 101.0
Average Days on Market 29.0 40.2 8.3 33.8 37.0 101.0
Compared to 6
Year-to-date April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 19 5.6 72.7 111.1 375.0 375.0
Dollar Volume $7,732,400 11.7 142.2 244.8 771.3 814.5
New Listings 48 20.0 166.7 220.0 585.7 500.0 4,700.0
Active Listings3
28 117.6 692.9 236.4 593.8 1,133.3 2,675.0
Sales to New Listings Ratio4
39.6 45.0 61.1 60.0 57.1 50.0
Months of Inventory5
5.8 2.8 1.3 3.7 4.0 2.3
Average Price $406,968 5.8 40.2 63.3 83.4 92.5
Median Price $368,000 4.8 28.0 53.4 59.1 58.3
Sales to List Price Ratio 97.2 97.8 101.4 99.5 97.5 96.9
Median Days on Market 32.0 34.0 11.0 32.0 35.5 52.0
Average Days on Market 64.8 54.1 18.1 41.4 55.8 54.5
1 Sales / new listings * 100; Compared to levels from previous periods2 Active listings at month end / monthly sales; Compared to levels from previous periods3 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 year4 Sum of sales from January to current month / sum of new listings from January to current month5 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 month6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes
NIAGARA NORTH
MLS ® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
Benchmark Type: April 2019 1 month ago3 months
ago6 months
ago12 months
ago 3 years ago 5 years ago
Composite $564,300 0.7 2.6 1.2 3.9 32.4 65.0
Single Family $578,400 0.6 2.6 1.4 3.1 30.6 63.0
One Storey $532,500 1.0 2.8 2.7 8.6 30.4 68.5
Two Storey $616,900 0.4 2.5 0.4 -0.8 30.5 58.4
Townhouse $431,100 0.7 2.9 -1.8 4.1 37.9 76.5
Apartment-Style $408,600 1.4 -0.3 1.7 23.6 65.3 88.3
MLS® HPI Benchmark Price
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
$200,000
$300,000
$400,000
$500,000
$600,000
Apartment-StyleTownhouse2 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.)
1410
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.)
1450
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6556
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.)
1329
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 7955
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.)
1668
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 5503
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.)
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-Style
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.)
1123
Half Bathrooms 0
Heating Fuel Electricity
Number ofFireplaces
0
Total Number OfRooms
5
WastewaterDisposal
Municipal sewers
GRIMSBY (54)
MLS® Residential Market Activity
Sales Activity(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
10
40
52
39
54 53
62
50
47 46
New Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
20
67
55
73 73
64 65 68
88 88
Active Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
71
138
112 12
7
107
95
63
47
84
131
Months of Inventory(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
7.1
3.5
2.2
3.3
2.0
1.8
1.0
0.9
1.8
2.8
Days on Market(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
2428
3563
3043
2866
2241
1728
1524
814 16
3022
31
Sales to New Listings Ratio(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
50.0
% 59.7
%
94.5
%
53.4
%
74.0
% 82.8
% 95.4
%
73.5
%
53.4
%
52.3
%
MLS® HPI Composite Benchmark Price and Average Price
Jan2
010
Jul2
010
Jan2
011
Jul2
011
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
$200,000
$400,000
$600,000
$800,000
GRIMSBY (54)
MLS® Residential Market Activity
Sales Activity(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
34
134
158
123
148
139
195
157
157 16
7
New Listings(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
75
210
218
209
213
210 22
9
189
257
303
Active Listings1
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
66
127
111
111
93
87
62
35
68
108
Months of Inventory2
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
7.7
3.8
2.8
3.6
2.5
2.5 1.
3
0.9
1.7
2.6
Days on Market(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
2642 43
6736
5234
5723
4720
3715
329 22
1936
2135
Sales to New Listings Ratio(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
45.3
%
63.8
% 72.5
%
58.9
%
69.5
%
66.2
%
85.2
%
83.1
%
61.1
%
55.1
%
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 year2 Average active listings January to the current month/average of sales January to the current month
GRIMSBY (54)
MLS® Residential Market Activity
Compared to 6
Actual April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 46 -2.1 -8.0 -25.8 -14.8 -11.5 411.1
Dollar Volume $25,464,300 -7.0 -10.0 -14.6 44.5 44.8 904.9
New Listings 88 0.0 29.4 35.4 20.5 60.0 450.0
Active Listings 131 56.0 178.7 107.9 22.4 17.0 172.9
Sales to New Listings Ratio1
52.3 53.4 73.5 95.4 74.0 94.5 56.3
Months of Inventory2
2.8 1.8 0.9 1.0 2.0 2.2 5.3
Average Price $553,572 -4.9 -2.1 15.1 69.7 63.7 96.6
Median Price $529,000 0.8 -1.6 18.9 69.7 79.6 103.5
Sales to List Price Ratio 97.7 98.8 105.3 99.8 96.4 97.9 95.9
Median Days on Market 21.5 16.0 8.0 14.5 22.0 30.0 79.0
Average Days on Market 30.9 30.4 13.6 23.5 40.9 42.6 92.2
Compared to 6
Year-to-date April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 167 6.4 6.4 -14.4 12.8 5.7 778.9
Dollar Volume $94,417,518 6.4 3.8 7.4 84.7 84.8 1,546.8
New Listings 303 17.9 60.3 32.3 42.3 39.0 461.1
Active Listings3
108 58.1 207.1 74.1 15.9 -3.4 152.9
Sales to New Listings Ratio4
55.1 61.1 83.1 85.2 69.5 72.5 35.2
Months of Inventory5
2.6 1.7 0.9 1.3 2.5 2.8 8.9
Average Price $565,374 0.0 -2.4 25.4 63.7 74.9 87.4
Median Price $532,000 4.3 1.3 26.7 67.7 86.7 83.4
Sales to List Price Ratio 97.8 98.4 103.5 99.4 97.2 96.8 95.8
Median Days on Market 21.0 19.0 9.0 15.0 22.5 36.0 63.0
Average Days on Market 35.1 36.0 21.8 31.7 47.3 51.9 77.4
1 Sales / new listings * 100; Compared to levels from previous periods2 Active listings at month end / monthly sales; Compared to levels from previous periods3 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 year4 Sum of sales from January to current month / sum of new listings from January to current month5 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 month6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes
GRIMSBY (54)
MLS ® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
Benchmark Type: April 2019 1 month ago3 months
ago6 months
ago12 months
ago 3 years ago 5 years ago
Composite $581,600 0.8 2.7 1.0 3.6 32.9 65.5
Single Family $599,100 0.8 2.7 1.1 2.3 30.3 62.6
One Storey $550,900 0.8 2.7 2.6 8.3 30.7 69.1
Two Storey $633,700 0.8 2.7 0.2 -1.1 30.0 58.4
Townhouse $447,000 0.9 3.4 -0.8 5.5 41.2 81.1
Apartment-Style $408,600 1.4 -0.3 1.7 23.6 65.3 88.3
MLS® HPI Benchmark Price
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
$200,000
$300,000
$400,000
$500,000
$600,000
Apartment-StyleTownhouse2 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.)
1422
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.)
1466
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6328
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.)
1329
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 8088
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.)
1653
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 5166
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
3
Age Category 6 to 15
AttachedSpecification
Row
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.)
1246
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-Style
Features Value
Above GroundBedrooms
2
Age Category 31 to 50
Basement Finish Unfinished
Bedrooms 2
Below GroundBedrooms
0
Exterior Walls Masonry
Freshwater Supply Municipalwaterworks
Full Bathrooms 1
Gross Living Area(Above Ground; insq. ft.)
1130
Half Bathrooms 0
Heating Baseboards
Heating Fuel Electricity
Number ofFireplaces
0
Total Number OfRooms
5
WastewaterDisposal
Municipal sewers
SMITHVILLE (57)
MLS® Residential Market Activity
Sales Activity(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
23
11
21
10
12
8
10
18
11
17
New Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
37
24
20
16 16
13
20 20
24 23
Active Listings(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
224
58
45 40
29 33
22
12
27 32
Months of Inventory(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
9.7
5.3
2.1
4.0 2.
4
4.1 2.
2
0.7
2.5
1.9
Days on Market(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
5978
1935
5176
4651 49 50
2329
913
712 13
1721
47
Sales to New Listings Ratio(April only)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
62.2
%
45.8
%
105%
62.5
% 75.0
%
61.5
%
50.0
%
90.0
%
45.8
%
73.9
%
MLS® HPI Composite Benchmark Price and Average Price
Jan2
010
Jul2
010
Jan2
011
Jul2
011
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
$200,000$300,000$400,000$500,000$600,000
SMITHVILLE (57)
MLS® Residential Market Activity
Sales Activity(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
55
29
38
32
40
31
39
52
44 46
New Listings(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
214
61 66
56
51 51
57 57
70 69
Active Listings1
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
213
50 44 36 29 26
17 12
24 30
Months of Inventory2
(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
15.5
6.9
4.6
4.5
2.9 3.4
1.7
0.9 2.
2 2.6
Days on Market(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Average Days on MarketMedian Days on Market
5477
5375
5577
3462
3361
2742
14 2911
1925
4024
49
Sales to New Listings Ratio(April Year-to-date)
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
25.7
%
47.5
% 57.6
%
57.1
%
78.4
%
60.8
% 68.4
%
91.2
%
62.9
%
66.7
%
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 year2 Average active listings January to the current month/average of sales January to the current month
SMITHVILLE (57)
MLS® Residential Market Activity
Compared to 6
Actual April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 17 54.5 -5.6 70.0 41.7 -19.0 466.7
Dollar Volume $10,773,366 102.3 16.8 166.6 152.1 74.5 1,351.0
New Listings 23 -4.2 15.0 15.0 43.8 15.0 4.5
Active Listings 32 18.5 166.7 45.5 10.3 -28.9 -61.4
Sales to New Listings Ratio1
73.9 45.8 90.0 50.0 75.0 105.0 13.6
Months of Inventory2
1.9 2.5 0.7 2.2 2.4 2.1 27.7
Average Price $633,727 30.9 23.6 56.8 78.0 115.6 156.1
Median Price $645,000 26.5 29.6 62.8 99.4 132.4 143.4
Sales to List Price Ratio 98.1 100.0 104.4 101.3 97.5 97.6 96.0
Median Days on Market 21.0 13.0 7.0 8.5 48.5 51.0 81.0
Average Days on Market 47.2 16.8 11.9 13.2 49.7 76.4 100.3
Compared to 6
Year-to-date April 2019 April 2018 April 2017 April 2016 April 2014 April 2012 April 2009
Sales Activity 46 4.5 -11.5 17.9 15.0 21.1 142.1
Dollar Volume $27,708,765 26.3 1.0 80.7 132.5 141.4 515.5
New Listings 69 -1.4 21.1 21.1 35.3 4.5 -18.8
Active Listings3
30 22.9 151.1 76.1 0.9 -32.2 -49.6
Sales to New Listings Ratio4
66.7 62.9 91.2 68.4 78.4 57.6 22.4
Months of Inventory5
2.6 2.2 0.9 1.7 2.9 4.6 12.3
Average Price $602,364 20.8 14.1 53.2 102.2 99.4 154.2
Median Price $580,000 22.1 19.2 55.9 106.2 110.0 154.4
Sales to List Price Ratio 98.1 98.7 102.6 99.5 97.3 97.6 95.8
Median Days on Market 24.0 25.0 11.0 14.0 33.0 55.0 72.0
Average Days on Market 48.8 39.8 18.8 28.6 61.5 76.6 81.7
1 Sales / new listings * 100; Compared to levels from previous periods2 Active listings at month end / monthly sales; Compared to levels from previous periods3 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 year4 Sum of sales from January to current month / sum of new listings from January to current month5 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 month6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes
SMITHVILLE (57)
MLS ® HPI Benchmark Price
MLS® Home Price Index Benchmark Price
percentage change vs.
Benchmark Type: April 2019 1 month ago3 months
ago6 months
ago12 months
ago 3 years ago 5 years ago
Composite $489,300 0.2 2.6 3.1 5.7 30.7 63.7
Single Family $499,300 0.3 2.9 3.8 6.7 32.0 65.4
One Storey $469,500 1.8 3.6 4.5 10.3 30.1 67.4
Two Storey $537,500 -1.2 2.1 2.7 1.9 34.4 60.0
Townhouse $259,600 -0.9 -1.0 -11.1 -6.9 20.6 55.4
Apartment-Style
MLS® HPI Benchmark Price
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
$100,000
$200,000
$300,000
$400,000
$500,000
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.)
1357
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.)
1372
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6509
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.)
1307
Half Bathrooms 0
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6880
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, Doublewidth
Gross Living Area(Above Ground; insq. ft.)
1676
Half Bathrooms 1
Heating Forced air
Heating Fuel Natural Gas
Lot Size 6397
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.)
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