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 7845 Dockweed Dr, Niagara Falls Ontario L2H 3R9

18 hours on market

7845 Dockweed Dr, Niagara Falls

Detached431500-2000 sq ft

Listed by 99HOMES REALTY INC.

Home with vinyl exterior material, street for 7650 Butternut Blvd, Niagara Falls Ontario L2H 0K8

2 days on market

7650 Butternut Blvd, Niagara Falls

Detached341500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 8273 Tulip Tree Dr #34, Niagara Falls Ontario L2H 3S8

Re-listed 3 days ago

$•••,•••

8273 Tulip Tree Dr #34, Niagara Falls

Townhouse331100-1500 sq ft

Listed by RE/MAX MILLENNIUM REAL ESTATE

Unknown for 5510 Belmont Ave, Niagara Falls Ontario L2H 1J7

3 days on market

5510 Belmont Ave, Niagara Falls

Detached332000-2500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 6581 MALIBU Dr, Niagara Falls Ontario L2H 2W3

4 days on market

6581 MALIBU Dr, Niagara Falls

Semi-Detached3+12700-1100 sq ft

Listed by RIGHT AT HOME REALTY

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

Re-listed 4 days ago

$•••,•••

5985 BELAIRE Ave, Niagara Falls

Detached3+12700-1100 sq ft

Listed by FLYNN REAL ESTATE INC.

Home with brick exterior material, street for 7320 Marvel Dr, Niagara Falls Ontario L2H 3V5

Re-listed 5 days ago

$•••,•••

7320 Marvel Dr, Niagara Falls

Townhouse331100-1500 sq ft

Listed by RE/MAX PRESIDENT REALTY

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

5 days on market

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 6556 Echo Circ, Niagara Falls Ontario L2H 1Z1

Re-listed 6 days ago

$•••,•••

6556 Echo Circ, Niagara Falls

Detached3+12700-1100 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 7125 PARSA St, Niagara Falls Ontario L2H 3T2

7 days on market

7125 PARSA St, Niagara Falls

Townhouse321100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Just sold - Westlane

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 8136 Coventry Rd #44, Niagara Falls Ontario L2H 2X6

Sold 4 days ago

Sold for $388,500

$11K below asking

8136 Coventry Rd #44, Niagara Falls

Condo321200-1399 sq ft

Listed by MICHAEL ST.JEAN REALTY INC., BROKERAGE

Home with vinyl exterior material, street for 7789 Kalar Rd #35, Niagara Falls Ontario L2H 3T8

Sold 4 days ago

Sold for $556,200

$53K below asking

7789 Kalar Rd #35, Niagara Falls

Condo3+221600-1799 sq ft

Listed by CITYSCAPE REAL ESTATE LTD.

Home with brick exterior material, street for 8169 Blue Ash Lane, Niagara Falls Ontario L2N 0N8

Sold 6 days ago

Sold for $705,000

$24K below asking

8169 Blue Ash Lane, Niagara Falls

Detached341500-2000 sq ft

Listed by REVEL Realty Inc., Brokerage

Unknown for 6011 Pitton Rd, Niagara Falls Ontario L2H 1S2

Sold 6 days ago

Sold for $624,000

$16K below asking

6011 Pitton Rd, Niagara Falls

Detached321100-1500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 7461 Majestic Tr, Niagara Falls Ontario L2H 0K7

Sold 7 days ago

Sold for $749,000

7461 Majestic Tr, Niagara Falls

Detached331500-2000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Home with brick exterior material, street for 7289 Parkside Rd, Niagara Falls Ontario L2H 3V4

Sold 7 days ago

Sold for $1,075,000

$104K below asking

7289 Parkside Rd, Niagara Falls

Detached4+242000-2500 sq ft

Listed by RE/MAX REALTY SERVICES INC.

Open concept kitchen, unknown for 6484 Armstrong Dr, Niagara Falls Ontario L2H 2M1

Sold 7 days ago

Sold for $610,000

$40K below asking

6484 Armstrong Dr, Niagara Falls

Detached2+121100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 7456 Parkside Rd, Niagara Falls Ontario L2H 0K7

Sold 8 days ago

Sold for $905,000

$45K below asking

7456 Parkside Rd, Niagara Falls

Detached3+142000-2500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 8127 Orchard Grove Pkwy, Niagara Falls Ontario L2H 3E8

Sold 11 days ago

Sold for $715,000

$34K below asking

8127 Orchard Grove Pkwy, Niagara Falls

Detached321100-1500 sq ft

Listed by Wisdomax Realty LTD

Home with brick exterior material, street for 7743 Butternut Blvd, Niagara Falls Ontario L2H 0N6

Sold 13 days ago

Sold for $793,200

$36K below asking

7743 Butternut Blvd, Niagara Falls

Detached432000-2500 sq ft

Listed by UNION CAPITAL 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