Niagara Real Estate Market Update – April 2025
Average Home Price:
In April 2025, the average home in the Niagara Region sold for $707,729, reflecting a modest 0.83% increase compared to the same time last year. Despite changes in the broader market, prices in Niagara are holding steady, giving sellers and homeowners a sense of stability heading into the summer.
Price Breakdown by Property Type:
Detached Homes: $742,485 (up 0.38% year-over-year)
Semi-Detached Homes: $589,849 (up 6.47% YOY)
Townhouses: $666,761 (down 1.07% YOY)
Condos: $520,296 (up a notable 23.61% YOY)
Sales and Inventory:
Sales activity slowed significantly, with just 512 homes sold in April — a 36% drop from last year. On the flip side, there’s more inventory available now, with 3,001 active listings — a 15.7% increase, giving buyers more choice.
Time on Market:
Homes are taking a bit longer to sell, now averaging 41 days on the market, which is up 20.6% from last April. This gives buyers more breathing room, but sellers need to be more strategic with pricing and presentation.
What This Means for You:
Buyers: With more listings and slower sales, there’s less pressure and more opportunity, especially in the condo market, which saw the strongest price growth.
Sellers: Homes aren’t moving as quickly, so making your property stand out with the right pricing and professional presentation is more important than ever.
FAQs:
Average price in Niagara (April 2025): $707,729
Are prices rising? Slightly — overall prices are up year-over-year, with condos seeing the biggest gains.
How long are homes taking to sell? About 41 days on average — longer than last year.
Is it a good time to buy? Yes, especially for condo buyers. There’s more inventory and prices have stabilized.
