• Jim Broderick, Sales Rep | Patrick Burke, Broker | Vicky Boucher, Sales Rep

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Another month and another bucket of stats gets thrown around for our local real estate market. If there is one thing we’re learning on a monthly basis is there were things happening in 2017 that make year over year comparisons a dangerous prospect. Exhibit A: For the city of Thorold, the average sale price for […]

b-LOG: 1st Quarter Real Estate Market Report

b-LOG: 1st Quarter Real Estate Market Report

Finally, spring is here, well…according to the calendar anyways. With spring, comes the anticipation of another spring market for us Realtors and you sellers and buyers. This spring comes at the tail end of an unprecedented and very active 24 months in the Niagara real estate market. While still active and strong, it is clear […]

b-LOG: Niagara Real Estate Market Update August 1 – October 31. Looking Back to 2015

b-LOG: Niagara Real Estate Market Update August 1 – October 31. Looking Back to 2015

In a market that is changing like ours, we are trying to look back in 90 day or year-to-date segments. Looking at 30 day time periods is too small a sample size, at least in our un-official opinion! For the last 90 days (Aug 1 – Oct 31) we looked at year over year for […]

b-LOG: 2014 Market Summary

b-LOG: 2014 Market Summary

In large part, 2014 was another year of relative predictability in St.Catharines. In general, we saw modest gains in nearly all areas of the city with only a few spots showing negative growth. Statistics being statistics though should always be taken with a grain of salt. A bit example of that is Port Dalhousie west […]

b-LOG: September Market Summary

One of the interesting aspects of residential real estate in St.Catharines is it generally behaves in a predictable, general positive and somewhat (in a good way) boring manner. No sudden swings in any direction. Modest increases somewhere in the vicinity of the rate of inflation are a common occurrence. While we read about double digit […]

b-LOG: July Market Summary

We have officially moved through the most active months of the year and as we had suspected, sales volume has mostly caught up after a slow start to the year. As well, somewhat predictably for our area, price has edged up in typical fashion while days on the market (DOM) values have come down. Just […]

b-LOG: July – When Sellers Become Buyers

Quite often this time of year, a decent part of the market loosens up (or has loosened up already). As more homes sell, more offers are made and less “conditional on the buyer’s property” offers are made. The result is accelerated schedules, more competition, reduced days on market numbers and quite often, less stress. Of […]

b-LOG: June Market Summary

The first half of 2013 comes to a close and the market has been behaving itself somewhat along the lines of what we expected. Overall sales volume is levelling out when compared with last year in spite of the slow, weather-dampened beginning we had in 2013. You will see in this first graph that the […]

b-LOG: May Market Summary

Interesting to write our monthly market blog for St.Catharines at the same time as numerous reports are released from major media citing reports of trouble brewing. Seems like we have been reading that for 4 or 5 years now but that’s another story. A friend of mine in Toronto listed his semi-detached 2 bedroom home […]

b-LOG: April Market Summary

April 2013 Market Summary for St. Catharines Another month passes and another group of statistics arrive that more or less supports basic economics and all of those supply and demand discussions. If you recall spring 2012, we had a much warmer, much earlier spring than the anti-spring that we have experienced this year. It is […]

b-LOG: National Real Estate Market Info is Helpful but lets talk LOCAL as well!

We have been reading several articles posted discussing the real estate market and how sales have ‘plunged’. Check today’s Globe and Mail (Oct 16, 2012) for example. These articles are great for some but the challenge with this type of information, particularly when they are citing monthly sales year over year, is that they are […]

For All You Numbers People

Interested in some local real estate market info? Take a look at some of these recent MLS facts & figures: • In the last 7 days, there have been 316 new residential listings posted for the Niagara region. In the same time period, there were 194 solds. A listing to sold ratio of 61%. A […]