July brought a welcome shift in the Niagara real estate market. While it wasn’t a record-breaking month, it was certainly better than what we’ve seen so far this year, offering some much-needed momentum for both buyers and sellers.

Sales Are Picking Up

A total of 639 homes sold in July, up from 585 in June, a 9.2% increase month-over-month. More transactions mean more confidence returning to the market, even if cautiously.
This rise in activity signals that buyers are re-engaging, especially as mortgage rates have remained steady and more inventory continues to give them choices.

Homes Are Selling Faster

On average, it took 39 days to sell a home in July, compared to 43 days in June. That’s a noticeable improvement, showing that well-priced homes are moving quicker.
Buyers today have plenty of options, but they’re also savvy. Overpriced homes are sitting, while competitively priced properties are attracting serious attention.

Prices Hold Firm (With Slight Adjustments)

The benchmark price across Niagara was $608,400 in July, a small dip of 0.8% from June.
While prices have softened slightly compared to last year, this stability in July points to a market finding its balance. Buyers have negotiating power, but sellers who align their asking price with today’s conditions are still achieving solid results.

What This Means for Buyers

If you’re a buyer, July’s numbers highlight a real window of opportunity. With more homes to choose from and steady borrowing costs, you can act with confidence. You won’t feel the same level of pressure that buyers faced a few years ago.

What This Means for Sellers

For sellers, the message is clear: strategy matters more than ever. Homes are selling faster, but only if they’re priced correctly. Working with an experienced REALTOR® who understands the nuances of Niagara’s micro-markets can make all the difference in turning interest into offers.

Final Thoughts

July wasn’t a “hot” market, but it was a better market, a sign that Niagara real estate is slowly regaining its footing. As we move through the rest of the summer, both buyers and sellers will need to stay focused on the realities of today’s conditions: strong supply, steady rates, and price sensitivity.

Whether you’re considering buying or selling, the key is preparation, pricing, and perspective. And that’s where professional guidance can make the process smoother and more successful.

Niagara Real Estate Market Update - July 2025