Niagara Real Estate Market Update - September 2025

As summer transitioned into fall, the Niagara housing market continued to balance between growing inventory and steady buyer activity. September saw a noticeable increase in new listings across the region, giving buyers more options, while prices and sales held relatively stable compared to August.

Source: NAR

Overview

In September 2025, the Niagara housing market saw 1,738 new listings, a 22.8% increase from August, offering buyers more options across the region. At the same time, 500 homes were sold, reflecting a 7.6% decline in sales compared to the previous month.

This slower pace is typical for early fall, as the market naturally cools after an active summer. The Home Price Index (HPI) Benchmark Price eased by 2.3%, moving from $610,100 in August to $595,800 in September. Meanwhile, the average days on market remained stable, dipping slightly from 48 to 47 days, showing that homes are still selling at a healthy, steady rhythm.

Source: NAR

Market Interpretation

September’s data shows a seasonal cooldown but not a downturn.
Inventory is rising, giving buyers breathing room to make more selective choices.
Meanwhile, sellers are becoming more strategic, ensuring properties are priced correctly and show well to stand out in a competitive environment.

With benchmark prices only 2–3% below August levels, Niagara’s housing market remains fundamentally stable.
Interest in detached homes with modern finishes and family-friendly layouts continues to drive demand, especially in Welland, Thorold, and St. Catharines.

Looking Ahead

As we move deeper into fall, expect a continued emphasis on price alignment and property presentation.
Buyers are active, but more cautious, making pricing strategy and market readiness essential for successful sales.

For homeowners thinking about listing before winter, now is an ideal time to prepare.
And for buyers, this moment offers a chance to explore new opportunities across Niagara with less competition and more choice.