Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totaled 508 units in October 2025, compared to 511 in September 2025.
In October, the Niagara Association of REALTORS® listed 1,390 residential properties compared to 1,748 in September 2025. The average days it took to sell a home in October 2025 was 52 days, a 13% increase from September 2025.
“The sharp drop in new listings this October — nearly 20% and earlier than we’d typically expect — may prove to be a well-timed adjustment. If speculative listings are pulling back, it leaves behind a more motivated and realistic seller pool, helping to create a healthier environment for serious buyers ,” said Lisa Taylor, Chair of the Niagara Association of REALTORS®.
“We’re also seeing a 13% increase in average days on market, which tells us that buyers are taking longer to transact and negotiating harder. In many cases, price reductions aren’t keeping pace with the downward pressure in the market, which is slowing the path to a deal. That said, with snow still weeks away, there’s still meaningful time left to buy or sell before the holidays.”
The shift in our new listings-to-sales ratio from 31% to 38% is a step toward balance. For sellers, this is the time to price ahead of the market—not behind it. For buyers, this remains a window of opportunity where conditions are tilted in your favour,” added Lisa.
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 $593,000 in October 2025. This was a -0.5% decrease from September 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.
Read full Report here, OCTOBER 2025
NAR
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