WestlaneHousing market

Westlane

Westlane Housing Market Report

Balanced Market

All types - for the month of July

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

47

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

108 active

New

53(-7.02% YoY)

Relisted

3(0% YoY)

Compared to number of active, same period, in 2024: 88, in 2023: 61, in 2022: 26

Total Sold Listings*

24 sold

Median Sold Price

$685,000

Avg Days on Market

47 days

Median Bidding

-$24,950

Compared to number of sold, same period, in 2024: 18, in 2023: 15, in 2022: 12

*Data is for the month of July

Median Sold Price vs Average Days and Average Total Days on Market - Westlane - All types

Sold vs Active vs New vs Relisted - Westlane - All types

Sold Price Distribution - Westlane - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Westlane - All types

Property type distribution based on data from the last 3 months.

Median Price - Westlane - All types

Just listed - Westlane

Home with brick exterior material, street for 8273 Tulip Tree Dr #9, Niagara Falls Ontario L2H 3S8

8273 Tulip Tree Dr #9, Niagara Falls

Condo331400-1599 sq ft

Listed by Century 21 Signature Service

Home with brick exterior material, street for 7798 Spring Blossom Dr, Niagara Falls Ontario L2H 3M2

16 hours on market

7798 Spring Blossom Dr, Niagara Falls

Detached4+343000-3500 sq ft

Listed by RAF REAL ESTATE GROUP INC.

Home with brick exterior material, street for 8005 Odell Cres, Niagara Falls Ontario L2H 3R7

Re-listed 1 day ago

$•••,•••

8005 Odell Cres, Niagara Falls

Detached432000-2500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 8659 Chickory Tr, Niagara Falls Ontario L2H 3S5

2 days on market

8659 Chickory Tr, Niagara Falls

Detached443000-3500 sq ft

Listed by CITYSCAPE REAL ESTATE LTD.

Home with brick exterior material, street for 7713 Black Maple Dr, Niagara Falls Ontario L2H 0N7

3 days on market

7713 Black Maple Dr, Niagara Falls

Detached442500-3000 sq ft

Listed by INDEX REALTY BROKERAGE INC.

Home with brick exterior material, street for 8945 Emily Blvd, Niagara Falls Ontario L2H 3T1

4 days on market

8945 Emily Blvd, Niagara Falls

Detached4+242500-3000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 6237 Delta Dr, Niagara Falls Ontario L2H 2H5

Re-listed 6 days ago

$•••,•••

6237 Delta Dr, Niagara Falls

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 7395 Sherrilee Cres, Niagara Falls Ontario L2H 3T4

6 days on market

7395 Sherrilee Cres, Niagara Falls

Detached431500-2000 sq ft

Listed by RE/MAX GOLD REALTY INC.

Unknown for 8136 Coventry Rd #66, Niagara Falls Ontario L2H 2X6

7 days on market

8136 Coventry Rd #66, Niagara Falls

Condo331000-1199 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Home with vinyl exterior material, street for 5537 Montrose Rd, Niagara Falls Ontario L2H 1K9

Re-listed 7 days ago

$•••,•••

5537 Montrose Rd, Niagara Falls

Detached21700-1100 sq ft

Listed by HOMELIFE SILVERCITY REALTY INC.

Just sold - Westlane

Home with vinyl exterior material, street for 7672 Tupelo Cres, Niagara Falls Ontario L2H 3S1

Sold 2 days ago

Sold for $850,000

$32K above asking

7672 Tupelo Cres, Niagara Falls

Detached443000-3500 sq ft

Listed by MASTER`S TRUST REALTY INC.

Unknown for 6543 Harmony Ave, Niagara Falls Ontario L2H 1Z3

Sold 4 days ago

Sold for $463,000

$7K below asking

6543 Harmony Ave, Niagara Falls

Semi-Detached32700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 7993 Hackberry Tr, Niagara Falls Ontario L2H 2Y6

Sold 4 days ago

Sold for $639,000

$30K below asking

7993 Hackberry Tr, Niagara Falls

Detached431500-2000 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with brick exterior material, street for 6489 Dalena Pl, Niagara Falls Ontario L2H 1Z5

Sold 5 days ago

Sold for $665,000

$34K below asking

6489 Dalena Pl, Niagara Falls

Detached431100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 7498 GREENDALE St, Niagara Falls Ontario L2H 3J2

Sold 6 days ago

Sold for $910,000

$40K below asking

7498 GREENDALE St, Niagara Falls

Detached3+131500-2000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 7429 Jonathan Dr, Niagara Falls Ontario L2H 2T3

Sold 10 days ago

Sold for $860,000

$50K below asking

7429 Jonathan Dr, Niagara Falls

Detached432000-2500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with vinyl exterior material, street for 5985 BELAIRE Ave, Niagara Falls Ontario L2H 1V1

Sold 11 days ago

Sold for $570,000

$20K below asking

5985 BELAIRE Ave, Niagara Falls

Detached3+12700-1100 sq ft

Listed by FLYNN REAL ESTATE INC.

Unknown for 8268 TULIP TREE Dr, Niagara Falls Ontario L2H 0N4

Sold 12 days ago

Sold for $590,000

$35K below asking

8268 TULIP TREE Dr, Niagara Falls

Townhouse331500-2000 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 8097 WOODSVIEW Cres, Niagara Falls Ontario L2H 3G3

Sold 12 days ago

Sold for $735,000

$65K below asking

8097 WOODSVIEW Cres, Niagara Falls

Detached3+221100-1500 sq ft

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Home with vinyl exterior material, street for 7687 Sycamore Dr, Niagara Falls Ontario L2H 0N6

Sold 13 days ago

Sold for $770,000

$30K below asking

7687 Sycamore Dr, Niagara Falls

Detached442000-2500 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Population and Demographics

Overview

Total population 15220

Average household income $100,241

Age (%)

0 to 19

25%

20 to 34

19%

35 to 49

20%

50 to 64

19%

65 and plus

17%

Household composition (%)

Single family

74%

Single person

22%

Multi person

4%

Multi family

1%

Mother tongue (%)

English

76%

Spanish

3%

Punjabi (Panjabi)

2%

Italian

2%

Tagalog (Pilipino, Filipino)

2%

Serbian

2%

Mandarin

2%

Others

2%

Arabic

2%

French

1%

Gujarati

1%

Urdu

1%

House tenancy (%)

Owners

69%

Renters

31%

Top 5 Schools in Westlane

Kate S Durdan Public School6855 Kalar Rd, L2H 2T3, Niagara Falls, ON

8.8/10

Public•JK-8

Greendale Public School5504 Montrose Rd, L2H 1K7, Niagara Falls, ON

7.3/10

Public•JK-8

Loretto Catholic Elementary School6855 Kalar Rd, L2H 2T3, Niagara Falls, ON

7.1/10

Public•JK-8

Saint Michael Catholic High School8699 McLeod Rd, L2H 0Z2, Niagara Falls, ON

6.1/10

Public•9-12

Westlane Secondary School5960 Pitton Rd, L2H 1T5, Niagara Falls, ON

5.4/10

Public•9-12

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance