Monthly Archives: August 2016

Royal LePage Gives Back

Royal LePage Niagara Real Estate sales representatives from across the Region filled laundry hampers with much need household and children’s items to be given to clients leaving the Women’s Shelters to embark on their new lives.

Approximately 175 Hampers of Hope were collected on August 18th along with donations of $1,200 cash – all delivered directly to Women’s Shelters in Beamsville, Welland, Niagara Falls and St. Catharines the next day.

Royal LePage’s national Charity – The Shelter Foundation – is 100% funded and administered by Royal LePage Canada, with 100% of all donations going directly to Shelters.

Thank you to everyone who gave and supported this fabulous campaign.

The post Royal LePage Gives Back appeared first on Royal LePage Niagara Realty.

Sellers Market Continues for July

July 2016 Regional Residential MLS Sales

July 2016 Regional Residential Market Update

July 2016 Regional Residential Infographic

The July sales for Single Family Residential homes were 21% higher than last July but 12% below the sales activity for June.

The average sale price year to date was $321,212 up 14.5% over 2015. And sales exceeded last year by 21%. We are still in a strong sellers market with the sales to listings ratio ranging from 75% to a high of 135% in the districts within the region.

Inventory levels are still low compared to the demand resulting in sale prices exceeding the list price.  In St Catharines 43% of the homes sold over the list price and in Niagara Falls the percentage was 32%,  in most cases this indicates multiple offer situations.

The post July 2016 Regional Residential Statistics appeared first on Royal LePage Niagara Realty.