Niagara Falls MLS® Sold Data
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About Niagara Falls Real Estate
Niagara Falls is nestled on the border between Canada and the United States and is known across the world for its stunning waterfalls that bring in over 12 million visitors to the city annually. But the city is more than just a tourist town. It has some incredible real estate opportunities throughout including single-family dwellings, condos, and townhomes. Properties in Niagara Falls can be purchased for much lower than what a similar place would go for in other large GTA cities. Properties range in size, price and location, so you're sure to find a house, condo or townhome to suit your needs. Since it is still a tourist town, there are a variety of employment options, so Niagara Falls is a great place if you're looking to start somewhere fresh.
Is the Niagara Falls Real Estate Market Still Hot?
Niagara Falls has some of the best priced homes in the province. This makes it an ideal city to buy investment properties in. There is also a need for people who live in Niagara Falls and are just visiting the city to have a place to stay. This makes Niagara Falls a great city to buy your first investment property, as well as your first home since prices are so low. There is no shortage of things to do in the city. Niagara Falls has all the amenities you could want. Causal and fine dining, bars, nightclubs, martini lounges, live entertainment, casinos, and more offer endless options of things to do. Plus, you're a short distance away from one of the most magnificent natural wonders in the country. Niagara Falls is a great place to buy a property in.
Niagara Falls Real Estate Statistics
Niagara Falls real estate average sold price in the last 30 days (January 21 - February 19) was $563,051, which is $48,663 (8.6%) lower than the average price of $611,714 in the previous 30 day period (December 22 - January 20), and $9,010 (1.6%) down from the same period 1 year ago ($572,061). Niagara Falls real estate prices over the last 30 days are also $60,824 (10.8%) lower than the average selling price of $623,875 over the past year.
Niagara Falls average sold price for homes was $576,872 in the last 30 days (January 21 - February 19), which is $41,064 (7.1%) down from the average home price of $617,936 in the previous 30 day period (December 22 - January 20), and $12,760 (2.2%) higher than the same period 1 year ago ($564,112). In the last 30 days Niagara Falls the average home price was $59,092 (10.2%) lower than the average selling price of $635,964 over the last 12 months.
Average Niagara Falls condo sold price over the last 30 days (January 21 - February 19) was $435,000. During this period it was $190,000 (43.7%) down from the average price of condo of $625,000 during the previous 30 days (December 22 - January 20), and $89,900 (20.7%) lower compared to the same period 1 year ago ($524,900). In the last 30 days Niagara Falls the average condo price was $57,819 (13.3%) lower than the average selling price of $492,819 over the last year.
Average sold price of Niagara Falls townhouse was $509,600 in the last 30 days (January 21 - February 19), down $40,650 (8.0%) from the average townhome price of $550,250 over the previous 30 days (December 22 - January 20), and $108,103 (21.2%) lower than during to the same period 1 year ago ($617,703). Over the last 30 days the average townhouse price in Niagara Falls was $73,986 (14.5%) lower compared to the average selling price of $583,586 over the last 12 months.
Niagara Falls Condos (10)
Niagara Falls Homes (100)