Welland SouthHousing market

Welland South

Welland South Housing Market Report

Strong Buyer's Market

All types - for the month of September

Buyer's market Seller's market

16

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.

15

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*

47 active

New

18(+63.64% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 9, in 2023: 13, in 2022: 3

Total Sold Listings*

3 sold

Median Sold Price

$440,000

Avg Days on Market

15 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 2, in 2023: 5, in 2022: 2

*Data is for the month of September

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

Home with brick exterior material, street for 82 Terrace Ave, Welland Ontario L3C 2C4

2 hours on Market

82 Terrace Ave, Welland

Semi-Detached321100-1500 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with vinyl exterior material, unknown for 245 Marshall Ave, Welland Ontario L3C 2N3

Re-listed 4 days ago

$•••,•••

245 Marshall Ave, Welland

Detached321100-1500 sq ft

Listed by Real Broker Ontario Ltd.

Home with brick exterior material, street for 243 Gross Ave, Welland Ontario L3C 2V1

7 days on Market

243 Gross Ave, Welland

Detached3+12700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 71 Waterview Crt, Welland Ontario L3C 7J1

11 days on Market

$•••,•••

71 Waterview Crt, Welland

Semi-Detached3+13700-1100 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, water/lake/river/ocean view for 123 Lincoln St #209, Welland Ontario L3C 6P8

12 days on Market

123 Lincoln St #209, Welland

Condo21900-999 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with brick exterior material, street for 30 RAINBOW Crt, Welland Ontario L3C 6R4

13 days on Market

$•••,•••

30 RAINBOW Crt, Welland

Semi-Detached321100-1500 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Unknown for 115 Larraine St, Welland Ontario L3C 5K3

Re-listed 17 days ago

$•••,•••

115 Larraine St, Welland

Detached3+121100-1500 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with vinyl exterior material, street for 327 St George St, Welland Ontario L3C 5P6

17 days on Market

327 St George St, Welland

Detached2+12700-1100 sq ft

Listed by RE/MAX HENDRIKS TEAM REALTY

Unknown for 36 RAINBOW Crt, Welland Ontario L3C 6R4

20 days on Market

36 RAINBOW Crt, Welland

Semi-Detached2+12700-1100 sq ft

Listed by EXP REALTY

Unknown for 215 Broadway Ave, Welland Ontario L3C 5L7

27 days on Market

215 Broadway Ave, Welland

Townhouse1182500-3000 sq ft

Listed by WOW REALTY GROUP

Just sold - Welland South

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 717 Riverside Dr, Welland Ontario L3B 5N6

Sold for $810,000

$15K below asking

717 Riverside Dr, Welland

Detached3+231500-2000 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 31 Station St, Welland Ontario L3C 5K8

Sold 7 days ago

Sold for $440,000

$35K below asking

31 Station St, Welland

Semi-Detached32700-1100 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 47 Lincoln St, Welland Ontario L3C 5H9

Sold 20 days ago

Sold for $495,000

47 Lincoln St, Welland

Detached3+22700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 118 St Augustine Ave, Welland Ontario L3C 2K7

Sold 24 days ago

Sold for $325,000

$26K above asking

118 St Augustine Ave, Welland

Detached21700-1100 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with vinyl exterior material, street for 95 Waterview Crt, Welland Ontario L3C 7J1

Sold 40 days ago

Sold for $495,000

$15K below asking

95 Waterview Crt, Welland

Semi-Detached22700-1100 sq ft

Listed by The Agency

Home with vinyl exterior material, street for 137 St George St, Welland Ontario L3C 5N7

Sold 52 days ago

Sold for $652,500

137 St George St, Welland

Townhouse3+22700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 137 St. George St, Welland Ontario L3C 5N7

Sold 52 days ago

Sold for $652,500

137 St. George St, Welland

Detached3+21700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with vinyl exterior material, street for 224 Windsor St, Welland Ontario L3C 7A3

Sold 57 days ago

Sold for $415,000

$25K below asking

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, street for 196 Martin St, Welland Ontario L3C 7L5

Sold 67 days ago

Sold for $595,000

196 Martin St, Welland

Detached2+121100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with vinyl exterior material, street for 54 St George St, Welland Ontario L3C 5N2

Sold 69 days ago

Sold for $665,000

$45K below asking

54 St George St, Welland

Detached4+141500-2000 sq ft

Listed by Century 21 People's Choice Realty Inc., Brokerage

Population and Demographics

Overview

Total population 3332

Average household income $91,313

Age (%)

0 to 19

20%

20 to 34

18%

35 to 49

17%

50 to 64

21%

65 and plus

24%

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