According to July housing market statistics from the Niagara Association of Realtors, the Niagara area saw a decrease in home sales last month.
In August, there were 532 sales across Niagara Region, which is down 17.1 per cent from July 2025.
The total number of new listings in August amounted to 1,410, down from 1,690 new listings in July, a 16.6 per cent decrease.
The average number of days it took to sell a home in August 2025 also increased to 48 days, which is a 23.1 per cent longer than the month prior.
While the market saw some hopeful signs in July, this appears to have turned into pessimism in August, with buyers once again firmly in the driver’s seat.
“While inventory remains robust, the increase in days on the market shows that buyers are taking advantage of both more favourable offer conditions and greater choice,” said Lisa Taylor, Chair of the Niagara Association of Realtors. “For sellers, competition for buyer attention remains strong.”
“With a sales-to-new-listings ratio of 38 per cent, market conditions continue to lean in favour of buyers and are requiring some homeowners to relinquish a portion of the equity gains realized during the pandemic years.”
With all of that being said, Taylor also saw signs of a market uptick in late August in anticipation of the onset of the fall real estate market, which generally sees more activity than in the summer.
The benchmark price for a single-family home in August was $610,100, which is up 0.3 per cent from July 2025.
A benchmark home is a home between the ages of 51 and 99 with three bedrooms and two bathrooms.
The highest number of new listings in Niagara Region came from St. Catharines, with 296 new homes having been put on the market in August. The second highest came from Niagara Falls, with 270 new homes on the market.
In terms of benchmark prices in August, the highest benchmark price in Niagara Region was found in Niagara-on-the-Lake, at $943,000, while the lowest benchmark price was found in Port Colborne/Wainfleet, at $524,700.
In terms of average days listings were on the market for, the fastest selling time was in Thorold and St. Catharines, with homes selling in an average of 37 days. The longest selling time was in Fort Erie, with an average selling time of 68 days.
The housing market typically sees an uptick in September, so Niagara market might soon see some improvement, with sales picking up and the average time homes stay on the market ticking down.
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.
