.png)
MARKET STATISTICS
If you're thinking about buying or selling your home, you are probably wondering, is now a good time? Knowing what's happening in the current real estate market will help you to answer that important question before moving forward.
BUYER'S
MARKET
​When there are more homes for sale (supply) than there are buyers (demand) for them. This gives buyers an advantage because there is more inventory to choose from. Prices typically remain stable or sometimes even soften in this market, as sellers may be more open to negotiating.
BALANCED
MARKET
When there are is an even number of buyers and sellers in the market creating a fairly equal level of supply and demand. In this market, homes sell in a reasonable time frame and prices typically remain stable. This is a healthy real estate market, one that is good for both buyers and sellers.
SELLER'S
MARKET
When there are more buyers (demand) than there are current homes for sale (supply). This puts sellers in the driver’s seat. Prices strengthen or increase because there are so many people wanting to buy. Homes typically sell quicker and in many cases with competing offers.
AUGUST 2025
REAL ESTATE STATS
In August, the average home price in the Niagara Region decreased slightly to $682,000. With over 3400 active listings, sellers are ready to sell and buyers have plenty of options!
JULY 2025
REAL ESTATE STATS
In July, the average home price in the Niagara Region was $713,000. We have started to feel the shift to a buyer's market take a strong hold here as the usual summer slow-down takes effect.
MAY 2025
REAL ESTATE STATS
Average days on market lowered to 37 as we see strong signs of a healthy spring market continuing. The average home price increased slightly to $706,000. With over 3220 active listings, buyers can take their time to find the right home for them.
APRIL 2025
REAL ESTATE STATS
Average days on market lowered to 42 in April in the Niagara Region. The average home price increased slightly to $680,000. There were over 2800 active listings, showing a strong increase in those looking to sell this spring.
MARCH 2025
REAL ESTATE STATS
Average days on market lowered to 48 as we see strong signs of a healthy spring market. The average home price increased slightly to $670,000. With over 2500 active listings, sellers are ready to sell and buyers have plenty of options!
FEBRUARY 2025
REAL ESTATE STATS
Average days on market lowered to 53, signifying a shift towards the spring market. The average home price also decreased to $668,000. With over 2300 active listings, there are plenty of opportunities for buyers.