The Welland real estate market is seeing some interesting shifts this month. Here’s a quick look at the latest trends to keep you informed:
Homes for Sale
- Total Listings: 405 (+3.4%)
- New to Market: 187 homes (+40.5%)
- Price Reductions: 41 (+156.3%)
Market Averages
- Average Home Price: $558,441 (-1.2%)
- Average Days on Market: 54 days (-10.7%)
These numbers indicate a more active market, with a surge in new listings and quicker sales. However, price reductions are also on the rise, suggesting that sellers are adjusting to current buyer demand.
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