WestlaneHousing market

Westlane

Westlane Housing Market Report

Strong Buyer's Market

All types - for the month of June

Buyer's market Seller's market

12

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

58

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*

117 active

New

53(+12.77% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 87, in 2023: 66, in 2022: 28

Total Sold Listings*

10 sold

Median Sold Price

$617,500

Avg Days on Market

58 days

Median Bidding

-$26,950

Compared to number of sold, same period, in 2024: 7, in 2023: 12, in 2022: 13

*Data is for the month of June

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

Patio, street for 8164 Catalina St, Niagara Falls Ontario L2H 1T7

9 hours on market

8164 Catalina St, Niagara Falls

Detached431100-1500 sq ft

Listed by MICHAEL ST.JEAN REALTY INC., BROKERAGE

Unknown for 5629 Montrose Rd, Niagara Falls Ontario L2H 1K9

12 hours on market

5629 Montrose Rd, Niagara Falls

Detached321100-1500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 7515 Sherrilee Cres, Niagara Falls Ontario L2H 3T4

Re-listed 12 hours ago

$•••,•••

7515 Sherrilee Cres, Niagara Falls

Detached453000-3500 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 7249 Parkside Rd, Niagara Falls Ontario L2H 3V4

14 hours on market

7249 Parkside Rd, Niagara Falls

Detached442500-3000 sq ft

Listed by RE/MAX EXPERTS

Unknown for 6783 Buckingham Dr, Niagara Falls Ontario L2H 2S3

1 day on market

6783 Buckingham Dr, Niagara Falls

Detached3+221100-1500 sq ft

Listed by IPRO REALTY LTD.

Home with vinyl exterior material, street for 8648 Dogwood Cres, Niagara Falls Ontario L2H 0K9

Re-listed 1 day ago

$•••,•••

8648 Dogwood Cres, Niagara Falls

Detached33+11319 sq ft

Listed by RE/MAX Garden City Realty Inc.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 7744 Dockweed Dr, Niagara Falls Ontario L2H 3S2

2 days on market

7744 Dockweed Dr, Niagara Falls

Townhouse331500-2000 sq ft

Listed by HOMELIFE NEW WORLD REALTY INC.

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

Re-listed 4 days ago

$•••,•••

6489 Dalena Pl, Niagara Falls

Detached331100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 8713 Sourgum Ave, Niagara Falls Ontario L8P 2J5

4 days on market

8713 Sourgum Ave, Niagara Falls

Detached331500-2000 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Unknown for 8141 Coventry Rd #84, Niagara Falls Ontario L2H 2X7

Re-listed 4 days ago

$•••,•••

8141 Coventry Rd #84, Niagara Falls

Condo321200-1399 sq ft

Listed by EXP REALTY

Just sold - Westlane

Unknown for 7789 Kalar Rd #12, Niagara Falls Ontario L2H 3T8

Sold 4 days ago

Sold for $595,000

$25K below asking

7789 Kalar Rd #12, Niagara Falls

Condo331200-1399 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 6884 Devon Dr, Niagara Falls Ontario L2H 2S9

Sold 5 days ago

Sold for $735,000

$15K below asking

6884 Devon Dr, Niagara Falls

Detached32700-1100 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 7166 Parsa St, Niagara Falls Ontario L2H 3T2

Sold 6 days ago

Sold for $600,000

$49K below asking

7166 Parsa St, Niagara Falls

Townhouse331500-2000 sq ft

Listed by DONE DEAL REALTY INC.

Home with vinyl exterior material, street for 8849 Dogwood Cres, Niagara Falls Ontario L2H 2Y6

Sold 6 days ago

Sold for $880,000

$9K below asking

8849 Dogwood Cres, Niagara Falls

Detached432500-3000 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with vinyl exterior material, street for 6706 Buckingham Dr, Niagara Falls Ontario L2H 2S5

Sold 8 days ago

Sold for $648,020

$52K below asking

6706 Buckingham Dr, Niagara Falls

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 7299 Sherrilee Cres, Niagara Falls Ontario L2H 3T2

Sold 12 days ago

Sold for $735,000

$14K below asking

7299 Sherrilee Cres, Niagara Falls

Detached331100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 8395 Elderberry Dr, Niagara Falls Ontario L2H 0K6

Sold 14 days ago

Sold for $786,000

$14K below asking

8395 Elderberry Dr, Niagara Falls

Detached432000-2500 sq ft

Listed by FLYNN REAL ESTATE INC.

Unknown for 7724 Black Maple Dr, Niagara Falls Ontario L2H 0N7

Sold 15 days ago

Sold for $880,000

$19K below asking

7724 Black Maple Dr, Niagara Falls

Detached442500-3000 sq ft

Listed by ROYAL LEPAGE SUPERSTAR REALTY

Home with brick exterior material, street for 7721 Sassafras Tr, Niagara Falls Ontario L2H 0N5

Sold 19 days ago

Sold for $880,000

7721 Sassafras Tr, Niagara Falls

Detached4+372500-3000 sq ft

Listed by EXP REALTY

Unknown for 5667 Green Ave, Niagara Falls Ontario L2H 1P9

Sold 20 days ago

Sold for $533,000

$7K below asking

5667 Green Ave, Niagara Falls

Detached32700-1100 sq ft

Listed by EXP REALTY

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