Market SquareHousing market

Market Square

Market Square Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

19 active

New

11(+57.14% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 22, in 2023: 11, in 2022: 2

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 2, in 2023: 1, in 2022: 6

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Market Square - All types

Sold Price Distribution - Market Square - All types

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

Property Type Distribution - Market Square - All types

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

Median Price - Market Square - All types

Just listed - Market Square

Unknown for 60 Margery Rd, Welland Ontario L3B 2P6

Re-listed 1 day ago

$•••,•••

60 Margery Rd, Welland

Detached421100-1500 sq ft

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Home with brick exterior material, street for 93 State St, Welland Ontario L3B 4K6

3 days on market

93 State St, Welland

Detached421100-1500 sq ft

Listed by EXP REALTY

Unknown for 40 McMaster Ave, Welland Ontario L3B 3S8

5 days on market

40 McMaster Ave, Welland

Detached321100-1500 sq ft

Listed by RE/MAX REALTY ENTERPRISES INC., BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 17 Regent Pl, Welland Ontario L3B 3L6

Re-listed 8 days ago

$•••,•••

17 Regent Pl, Welland

Detached321100-1500 sq ft

Listed by EXP REALTY

Home with vinyl exterior material, street for 77 Kent St, Welland Ontario L3B 3H3

9 days on market

77 Kent St, Welland

Detached411100-1500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with brick exterior material, street for 74 State St, Welland Ontario L3B 4K5

Re-listed 10 days ago

$•••,•••

74 State St, Welland

Detached421500-2000 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Open concept kitchen, unknown for 16 Albert St, Welland Ontario L3B 4L2

13 days on market

$•••,•••

16 Albert St, Welland

Detached3+222000-2500 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with brick exterior material, street for 110 Regent St, Welland Ontario L3B 4H8

13 days on market

110 Regent St, Welland

Detached32700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with vinyl exterior material, street for 41 Kennedy St, Welland Ontario L3B 3R7

14 days on market

41 Kennedy St, Welland

Detached21700-1100 sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home with brick exterior material, street for 109 Margery Rd, Welland Ontario L3B 2P9

Re-listed 14 days ago

$•••,•••

109 Margery Rd, Welland

Detached23700-1100 sq ft

Listed by REVEL Realty Inc., Brokerage

Just sold - Market Square

Unknown for 29/31 YOUNG St, Welland Ontario L3B 4C5

Sold 2 days ago

Sold for $575,000

$25K below asking

29/31 YOUNG St, Welland

Townhouse722500-3000 sq ft

Listed by KELLER WILLIAMS COMPLETE REALTY

Home with brick exterior material, street for 35 Albert St, Welland Ontario L3B 4L1

Sold 14 days ago

Sold for $414,800

$14K below asking

35 Albert St, Welland

Townhouse22700-1100 sq ft

Listed by INFINITY 8 REALTY INC.

Home with vinyl exterior material, street for 12 Randolph St, Welland Ontario L3B 4C2

Sold 17 days ago

Sold for $460,000

12 Randolph St, Welland

Detached321500-2000 sq ft

Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE

Home with vinyl exterior material, street for 230 River Rd, Welland Ontario L3B 2S2

Sold 20 days ago

Sold for $305,000

$10K above asking

230 River Rd, Welland

Detached221100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 41 Albert St, Welland Ontario L3B 4L1

Sold 64 days ago

Sold for $395,000

41 Albert St, Welland

Townhouse42- sq ft

Listed by REVEL Realty Inc., Brokerage

Unknown for 109 Garner Ave, Welland Ontario L3B 2X8

Sold 72 days ago

Sold for $420,000

109 Garner Ave, Welland

Detached421100-1500 sq ft

Listed by REVEL Realty Inc., Brokerage

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 37 Randolph St, Welland Ontario L3B 4C3

Sold 79 days ago

Sold for $372,500

37 Randolph St, Welland

Detached32- sq ft

Listed by REVEL Realty Inc., Brokerage

Patio, street for 140 Dorothy St, Welland Ontario L3B 3V9

Sold 94 days ago

Sold for $381,000

$19K below asking

140 Dorothy St, Welland

Detached21700-1100 sq ft

Listed by Century 21 Heritage House LTD

Frontside or backside of a home, the fenced backyard for 148 YOUNG St, Welland Ontario L3B 4C8

Sold 106 days ago

Sold for $570,000

148 YOUNG St, Welland

Detached3+22- sq ft

Listed by REVEL Realty Inc., Brokerage

Frontside or backside of a home, cottage for 230 Hellems Ave, Welland Ontario L3B 3B7

Sold 128 days ago

Sold for $332,500

230 Hellems Ave, Welland

Detached31- sq ft

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Population and Demographics

Overview

Total population 3374

Average household income $73,254

Age (%)

50 to 64

23%

20 to 34

21%

65 and plus

20%

0 to 19

19%

35 to 49

17%

Household composition (%)

Single person

48%

Single family

46%

Multi person

6%

Multi family

0%

Mother tongue (%)

English

87%

French

7%

Others

3%

English and French

1%

Spanish

1%

House tenancy (%)

Renters

64%

Owners

36%

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance