Home sales declined sharply in Niagara Region in December 2025 compared to November, according to the Niagara Association of Realtors.
The total number of homes sold in Niagara Region in December was just 332 units, compared to 446 in November.
The benchmark price for homes in Niagara Region once again fell, coming in at $575,200, a decline of $7,800 from November. That’s an overall drop of 1.3 per cent.
The number of new listings in December was largely flat compared to November: in November, 1,049 new homes were listed on the market, compared to 1,050 in December.
Still, Niagara Association of Realtors Chair Stefani Kondis says these seasonal trends are to be expected.
“December’s market activity reflects an anticipated seasonal transition as we head into what we anticipate will be a dynamic 2026 for Niagara Region,” said Kondis.
“While we saw the typical year-end dip in new listings, the steady HPI benchmark price of $575,200 demonstrates underlying strength and lasting value of homeownership in our communities.”
As has been the case for months, buyers remain in the driver’s seat.
“As we enter the new year, the increase in days on market provides a window of opportunity for buyers to move forward with confidence,” added Kondis.
Kondis was referring to the fact that the average house remained on the market for 61 days in December, an increase of 22 per cent from November.
In December, the largest number of new listings came from Niagara Falls, at 113, while the largest highest volume of new sales came from St. Catharines, at 92.
The highest benchmark price in December was in Niagara-on-the-Lake, at $863,500, while the lowest benchmark price was in Port Colborne/Wainfleet, at $478,300.
In terms of average days on the market, homes sold fastest in West Lincoln, at 36 days, and slowest in Niagara-on-the-Lake, at 120 days.
West Lincoln has been the hottest market in Niagara Region for a number of months now, while Niagara-on-the-Lake’s market cooled off substantially from November. In November, the coldest market in the Region had been Port Colborne/Wainfleet, 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.
Jay Goldberg is the Canadian Affairs Manager at the Consumer Choice Center. He previously served as the Ontario Director at the Canadian Taxpayers Federation and a policy fellow at the Munk School of Public Policy and Global Affairs. Jay holds a Ph.D. in Political Science from the University of Toronto.
