Home sales increase in February compared to January, down from a year ago: Report

Home sales in Niagara Region increased in February compared to January, according to the Niagara Association of Realtors. 

The total number of homes sold in Niagara Region in February was 378 units, compared to 318 in January. However, that number was down from 405 in February 2025.

There were also fewer homes on the market in February compared to one year ago, with listings last month totaling 938, compared to 1,128 in February 2025. The average number of days it took to sell a home in Niagara Region in February was 54 days, a 27 per cent decrease from February 2025.

Niagara Association of Realtors Chair Stefani Kondis says the February numbers, which are an improvement over January, should point to some reason for optimism.

“The decrease in new listings this February has created a tighter environment for sellers, while the composite benchmark price continues to provide a more sustainable entry point for buyers,” said Kondis. 

“The data reveals an interesting trend of selective resilience; it is encouraging to see specific communities across Niagara showing month-over-month growth in sales volume. It proves that when the right home in the right neighbourhood hits the market, buyers are moving with purpose,” Kondis added.

“Even with a lower number of total listings, the speed at which these homes are selling demonstrates that there is a deep pool of motivated and qualified buyers waiting for the spring market to hit its stride.”

The benchmark price for homes in Niagara Region fell slightly in February compared to January, coming in at $571,800, a decline of $2,100. However, the benchmark price was down 7.6 per cent from February 2025. 

In February, the largest number of new listings came from St. Catharines, at 218, while the largest highest volume of new sales also came from St. Catharines, at 105. 

The highest benchmark price in February was in Niagara-on-the-Lake, at $849,600, while the lowest benchmark price was in Port Colborne/Wainfleet, at $474,200. 

In terms of average days on the market, homes sold fastest in Grimsby, at 31 days, and slowest in Niagara-on-the-Lake, at 85 days. 

Grimsby overtook Pelham as the hottest market in Niagara Region in February, after Pelham had held that title back in January.  

In January, the coldest market in the Region had been Fort Erie, but that has since been eclipsed by slowing sales in Niagara-on-the-Lake.   

Those wishing to view the full report can do so HERE.