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Prepared for the REALTORS® Association of Hamilton-Burlington by the Canadian Real Estate Association NIAGARA NORTH MLS ® Residential Market Activity April 2019

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Page 1: NIAGARA NORTH - RAHB

Prepared for the REALTORS® Association of Hamilton-Burlington by the Canadian Real Estate Association

NIAGARA NORTHMLS® Residential Market Activity

April 2019

Page 2: NIAGARA NORTH - RAHB

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

Page 3: NIAGARA NORTH - RAHB

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

Page 4: NIAGARA NORTH - RAHB

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

Page 5: NIAGARA NORTH - RAHB

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

Page 6: NIAGARA NORTH - RAHB

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

Page 7: NIAGARA NORTH - RAHB

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

Page 8: NIAGARA NORTH - RAHB

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

Page 9: NIAGARA NORTH - RAHB

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

Page 10: NIAGARA NORTH - RAHB

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

Page 11: NIAGARA NORTH - RAHB

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

Page 12: NIAGARA NORTH - RAHB

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

Page 13: NIAGARA NORTH - RAHB

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

Page 14: NIAGARA NORTH - RAHB

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

Page 15: NIAGARA NORTH - RAHB

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

Page 16: NIAGARA NORTH - RAHB

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

Page 17: NIAGARA NORTH - RAHB

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

Page 18: NIAGARA NORTH - RAHB

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

Page 19: NIAGARA NORTH - RAHB

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

Page 20: NIAGARA NORTH - RAHB

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

Page 21: NIAGARA NORTH - RAHB

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

Page 22: NIAGARA NORTH - RAHB

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

Page 23: NIAGARA NORTH - RAHB

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

Page 24: NIAGARA NORTH - RAHB

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

Page 25: NIAGARA NORTH - RAHB

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

Page 26: NIAGARA NORTH - RAHB

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

Page 27: NIAGARA NORTH - RAHB

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

Page 28: NIAGARA NORTH - RAHB

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

Page 29: NIAGARA NORTH - RAHB

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

Page 30: NIAGARA NORTH - RAHB

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

Page 31: NIAGARA NORTH - RAHB

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