Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totaled 436 units in November 2025, compared to 515 in October 2025.
In November, the Niagara Association of REALTORS® listed 1,049 residential properties compared to 1,395 in October 2025. The average days it took to sell a home in November 2025 was 49 days, a -5.8% decrease from October 2025.
“For the second straight month, Niagara saw a decline in new listings – a typical seasonal trend – but sales also softened, keeping our sales-to-new-listing ratio steady between 38-40%,” said Lisa Taylor, Chair, Niagara Association of REALTORS®.
“Benchmark prices have continued to edge down since May, with only a brief uptick in August. Overall, we’ve seen a significant decline of approximately 33.7% from the market peak in March of 2022 with about 7% of that occurring since May of this year. At $538,000, we’re now approaching price levels not seen since January/February 2021. That may be a signal that the current price correction is nearing its floor,” added Lisa.
“Despite these declines, the market has shown surprising stability. The Bank of Canada has now held its key interest rate steady for several months now, which has helped reduce volatility and support more predictable market behaviour. For Buyers, this remains a window of opportunity. Conditions are favourable, selection remains solid, and pricing has become more negotiable. For sellers, success lies in pricing ahead of the market. Buyers are watching closely and well-positioned, well-priced listings are still moving,” said Lisa.
As always, obtaining the guidance and support of a local Niagara REALTOR® is the best solution to navigating our ever-changing and sometimes complicated real estate market.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price for the Niagara Region was $583,000 in November 2025. This was a -0.9% decrease from October 2025.
The characteristics of the HPI composite benchmark is a home between the ages of 51 to 99 with three bedrooms and two bathrooms. A full list can be found in the accompanying chart.
About The Niagara Association of REALTORS®
The Niagara Association of REALTORS® represents over 1,500 REALTORS® serving the communities of Fort Erie, Fonthill/Pelham, Lincoln, Niagara Falls, Niagara-on-the-Lake, Port Colborne/Wainfleet, St Catharines, Thorold, and Welland.
Disclaimer:
Days on Market (DOM) reflects the number of days a property has been actively listed on the MLS® in its current listing period. It does not include Cumulative Days on Market (CDOM), which account for prior listings of the same property that may have been cancelled, expired, or re-listed. As such, DOM may not represent the total time a property has been publicly available for sale. Please also note that HPI data have been revised historically back to January 2005 as a result of the Annual Review.
Read Full Report Here, NOVEMBER 2025
SOURCE, NAR
To learn more, visit NAR
