Welland SouthHousing market

Welland South

Welland South Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

8

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.

46

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*

24 active

New

12(+71.43% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 12, in 2023: 8, in 2022: 1

Total Sold Listings*

3 sold

Median Sold Price

$520,000

Avg Days on Market

46 days

Median Bidding

-$19,900

Compared to number of sold, same period, in 2024: 4, in 2023: 7, in 2022: 6

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Welland South - All types

Sold Price Distribution - Welland South - All types

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

Property Type Distribution - Welland South - All types

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

Median Price - Welland South - All types

Just listed - Welland South

trreb/IMG-X12102956_1.jpg

4 hours on market

224 Windsor St, Welland

Semi-Detached331100-1500 sq ft

Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 330 Prince Charles Dr #1307, Welland Ontario L3C 7B3

8 days on market

330 Prince Charles Dr #1307, Welland

Condo221000-1199 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 10 Station St, Welland Ontario L3C 5K7

9 days on market

10 Station St, Welland

Semi-Detached221100-1500 sq ft

Listed by PEAK GROUP REALTY LTD.

Home with brick exterior material, street for 70 Elmwood Ave #16, Welland Ontario L3C 0C1

14 days on market

70 Elmwood Ave #16, Welland

Condo2+131400-1599 sq ft

Listed by EXP REALTY

Unknown for 135 St George St, Welland Ontario L3C 5N7

25 days on market

135 St George St, Welland

Detached22+1860 sq ft

Listed by The Agency

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 24 Station St, Welland Ontario L3C 5K7

27 days on market

24 Station St, Welland

Semi-Detached32- sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 415 RIVERSIDE Dr, Welland Ontario L3C 5E8

28 days on market

415 RIVERSIDE Dr, Welland

Detached3+141500-2000 sq ft

Listed by RE/MAX HENDRIKS TEAM REALTY

Unknown for 70 Elmwood Ave #17, Welland Ontario L3C 0C1

35 days on market

70 Elmwood Ave #17, Welland

Condo231400-1599 sq ft

Listed by ROYAL LEPAGE NRC REALTY COMPASS ESTATES

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 203 Kilgour Ave, Welland Ontario L3C 2R1

35 days on market

$•••,•••

203 Kilgour Ave, Welland

Detached31700-1100 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, water/lake/river/ocean view for 330 Prince Charles Dr #1209, Welland Ontario L3C 7B3

43 days on market

$•••,•••

330 Prince Charles Dr #1209, Welland

Condo11600-699 sq ft

Listed by REVEL Realty Inc., Brokerage

Just sold - Welland South

Home with vinyl exterior material, street for 17 Waterview Crt, Welland Ontario L3C 7J1

Sold 13 days ago

Sold for $540,000

$9K below asking

17 Waterview Crt, Welland

Semi-Detached3+12700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 120 Marigold St, Welland Ontario L3C 5J9

Sold 13 days ago

Sold for $575,000

$14K below asking

120 Marigold St, Welland

Detached421100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Indoor garage for 150 Broadway N/A #1, Welland Ontario L3C 0J2

Sold 22 days ago

Sold for $520,000

$21K above asking

150 Broadway N/A #1, Welland

Condo3+141400-1599 sq ft

Listed by INDEX REALTY BROKERAGE INC.

Home with vinyl exterior material, street for 87 Terrace Ave, Welland Ontario L3C 6K1

Sold 28 days ago

Sold for $425,000

$20K below asking

87 Terrace Ave, Welland

Semi-Detached32700-1100 sq ft

Listed by CENTURY 21 AVMARK REALTY LIMITED

Home with brick exterior material, street for 91 Saint George St, Welland Ontario L3C 5N3

Sold 38 days ago

Sold for $550,000

$20K below asking

91 Saint George St, Welland

Detached331500-2000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with vinyl exterior material, street for 157 ST GEORGE St, Welland Ontario L3C 5N9

Sold 43 days ago

Sold for $520,000

$45K below asking

157 ST GEORGE St, Welland

Detached32700-1100 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with brick exterior material, street for 121 St. Augustine Ave, Welland Ontario L3C 2K8

Sold 56 days ago

Sold for $417,500

$17K below asking

121 St. Augustine Ave, Welland

Detached22- sq ft

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Home with brick exterior material, street for 9 Waterview Crt, Welland Ontario L3C 4R7

Sold 61 days ago

Sold for $543,000

$8K above asking

9 Waterview Crt, Welland

Semi-Detached321100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 153 Michelle Crt, Welland Ontario L3C 0A2

Sold 90 days ago

Sold for $860,000

$10K below asking

153 Michelle Crt, Welland

Detached2+131500-2000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 270 Marshall Ave, Welland Ontario L3C 2N4

Sold 98 days ago

Sold for $530,000

$20K below asking

270 Marshall Ave, Welland

Detached32700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Population and Demographics

Overview

Total population 3332

Average household income $91,313

Age (%)

65 and plus

24%

50 to 64

21%

0 to 19

20%

20 to 34

18%

35 to 49

17%

Household composition (%)

Single family

63%

Single person

33%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

84%

French

6%

Italian

3%

Others

3%

Spanish

2%

English and French

1%

House tenancy (%)

Owners

74%

Renters

26%

Top 1 School in Welland South

St Augustine Catholic Elementary School300 Santone Ave, L3C 2J8, Welland, ON

1.9/10

Public•JK-8

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

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

1/5

Few or no shops within walking distance

Restaurants

2/5

Some restaurants within walking distance