📊 Niagara Real Estate Market Report – August 2025
Sales Up. Inventory Rising. Prices Under Pressure.
🏡 Introduction
The Niagara real estate market in August 2025 continues to lean in favour of buyers. Sales activity improved compared to last year, but inventory levels remain elevated, benchmark prices trended lower in most cities, and affordability-driven markets saw the most activity.
This is a market of opportunity for buyers and a test of strategy for sellers. Let’s look closely at the numbers.
🌍 Niagara Region Overview – August 2025
🔹 Home Sales: 545 (+4.4% YoY)
🔹 New Listings: 1,451 (+14.1% YoY)
🔹 Benchmark Price (HPI): $610,100 (↓4.7% YoY)
🔹 Median Days on Market: 36 (down from 44 last year)
📌 Takeaway: Buyers still hold leverage. While sales picked up slightly, the rise in listings is putting consistent pressure on prices. Sellers who price sharply are seeing quicker sales.
🏠 Detached Homes – Bungalows vs. Two-Storeys
| Property Type | Benchmark Price | MoM Change | YoY Change |
|---|---|---|---|
| 1-Storey (Bungalow) | $607,200 | ↓0.2% | ↓2.3% |
| 2-Storey Detached | $661,100 | ↑0.9% | ↓3.8% |
✅ Bungalows remain stable, supported by steady demand from downsizers.
⚠️ Two-storeys rebounded slightly month-to-month but remain weaker year-over-year.
🏘️ Townhouses & Apartments
| Property Type | Benchmark Price | MoM Change | YoY Change |
|---|---|---|---|
| Townhouse | $573,500 | ↑0.5% | ↓7.0% |
| Apartment | $396,000 | ↓2.1% | ↓8.4% |
✅ Townhouses continued their recovery, showing stable demand.
⚠️ Apartments remain the weakest segment with both monthly and annual declines.
📍 Municipal Breakdown – August 2025
| Municipality | New Listings | Sales | Benchmark Price (HPI) | Median DOM |
|---|---|---|---|---|
| Fort Erie | 163 (↑11.6%) | 41 (↓28.6%) | $539,400 (↓1.1%) | 54 |
| Lincoln | 82 (↑74.5%) | 29 (↑21.1%) | $720,600 (↓1.2%) | 28 |
| Niagara Falls | 282 (↑23.7%) | 108 (↑24.1%) | $596,600 (↓5.7%) | 32 |
| Niagara-on-the-Lake | 97 (↑16.9%) | 21 (↓22.2%) | $943,000 (↓3.7%) | 48 |
| Grimsby | 87 (↑8.7%) | 36 (↓12.2%) | $772,500 (↓1.7%) | 42 |
| Pelham | 56 (↓13.8%) | 30 (↑20.0%) | $799,300 (↓5.2%) | 25 |
| Port Colborne/Wainfleet | 64 (↓15.8%) | 34 (↓26.1%) | $524,700 (↓2.2%) | 37 |
| St. Catharines | 307 (↑7.7%) | 153 (↑2.7%) | $546,500 (↓6.5%) | 29 |
| Thorold | 95 (↑18.8%) | 29 (↑26.1%) | $633,200 (↑2.0%) | 29 |
| Welland | 190 (↑21.6%) | 68 (↑9.7%) | $534,100 (↓3.1%) | 37 |
| West Lincoln | 28 (↑12.0%) | 6 (↓33.3%) | $692,300 (↓8.8%) | 22 |
✨ Highlights
⏱️ Fastest-Selling: West Lincoln (22 days), Pelham (25), St. Catharines (29).
💰 Most Affordable: Fort Erie ($539,400), Port Colborne/Wainfleet ($524,700), Welland ($534,100).
🏆 Highest-Priced: Niagara-on-the-Lake ($943,000), Pelham ($799,300), Lincoln ($720,600).
📈 Market Insights
Inventory Growth: Most municipalities saw more new listings, giving buyers plenty of choice.
Demand Shifts: Sales surged in Thorold, Welland, Niagara Falls, Pelham, and St. Catharines, while NOTL and West Lincoln slowed.
Price Pressure: Benchmark prices fell across almost every city, with the steepest drop in West Lincoln (-8.8%).
Selling Times: Homes are selling quicker than last year overall, but Fort Erie and NOTL remain slower-moving markets.
👥 What This Means for You
📥 Buyers
You have leverage. With more inventory and softer prices, negotiation power is on your side. Bungalows and townhouses under $650K remain the sweet spot.
📤 Sellers
Be prepared for competition. Price correctly from day one to attract serious buyers. Homes in St. Catharines and Niagara Falls are still moving well if marketed sharply.
💰 Investors
Affordability plays like Welland, Fort Erie, and Port Colborne continue to offer solid rental yield opportunities. Townhouses may deliver steadier long-term appreciation than apartments.
🔮 Looking Ahead – September 2025
Bungalows expected to remain stable.
Townhouses could extend their rebound.
Two-storeys and apartments will stay under pressure.
A fall surge in listings could tilt the balance further toward buyers.
✅ Final Word
August 2025 reinforced that Niagara is a buyer-driven market. Sales are steady, but rising inventory and downward price pressure mean strategy matters more than ever. Sellers can still achieve strong results with competitive pricing and professional marketing.
📬 Curious about your property’s value or want to explore buying opportunities?
Text us anytime:
📲 Jas: 905-321-3781
📲 Jon: 289-696-2825
We’ll give you a clear, data-backed plan so you can make confident real estate decisions.