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Understanding the MLS® Home Price Index (HPI)
When it comes to pricing a home, not all data is equal. Many homeowners focus on average or median prices, but those figures can change dramatically from month to month. The MLS® Home Price Index (HPI), however, provides a consistent benchmark based on the true market value of homes with specific characteristics.
The HPI evaluates trends using extensive MLS® data and advanced statistical modeling. It identifies what defines a “typical” home — size, age, location, and features — and tracks how its value evolves. This approach gives both buyers and sellers a realistic snapshot of value in their area.
For sellers in Fort Erie and surrounding Niagara communities, the HPI is invaluable. It helps avoid the common pitfall of overpricing based on emotion or hearsay. It also gives buyers confidence that a listed price reflects current reality, not past market peaks.
For instance, while average prices can be inflated by luxury properties or new builds, the HPI smooths these variations, showing a more accurate local trend. By aligning your price closer to the benchmark, your listing stands out as well-positioned and fair in the eyes of today’s educated buyers.
The HPI is especially useful in transitional markets like 2025, where prices have softened but remain relatively stable compared to last year. Relying on this index helps homeowners make informed decisions that align with true market conditions.
Pricing Your Home to Sell in Fort Erie and Niagara
Setting the right price is the foundation of a successful home sale. Whether you’re in Fort Erie, Ridgeway, or Crystal Beach, pricing too high or too low can impact both timing and final outcome. The Canadian Real Estate Association (CREA) emphasizes that the most reliable measure of value is the MLS® Home Price Index (HPI) — not the average or median price you might see in headlines.
The HPI tracks how buyers value specific property features over time, using over 15 years of MLS® data to determine what a “typical” home in your area is worth. This method offers a true “apples-to-apples” comparison, avoiding the distortion that averages can cause when a few luxury or distressed sales skew the data.
In Niagara, the average list price recently stood at $859,568, about 27% above the average sale price of $676,663. The median list price of $699,999 was just slightly above the median sale price of $699,000. The HPI benchmark came in at $595,800 — suggesting that many sellers are still overestimating value.
When pricing, sellers typically follow one of three strategies:
- List High and Wait – Hoping for a top-dollar buyer can lead to extended days on market and eventual price reductions.
- Price at Market Value – Basing your price on comparable recent sales is the most balanced approach but requires constant monitoring as values shift.
- Underprice Strategically – Occasionally used to generate multiple offers and sell quickly, but it requires strong demand to succeed.
In today’s market, buyers are cautious and informed. Homes priced within range of the HPI benchmark tend to attract more serious interest and close faster. Before listing, clarify your motivation — your “why.” If selling is time-sensitive, a realistic price will save you stress and money.
Happy Thanksgiving from The Scarlett Real Estate Group!
As Thanksgiving arrives, it’s a perfect time to pause and reflect on the year that’s been — both in life and in real estate. The fall season in Fort Erie and across Niagara brings a mix of gratitude, change, and reflection. For many families, it’s a chance to gather, reset, and think about what’s next — including where “home” fits into the picture.
Over the past year, we’ve seen steady evolution in our local real estate market. Interest rates, inventory levels, and buyer confidence have all played a role in shaping a more balanced landscape. Sellers are learning that pricing and presentation matter more than ever, while buyers are realizing that opportunities exist when they remain informed and ready.
At The Scarlett Real Estate Group, Thanksgiving is also about giving thanks for the people behind every transaction — clients, community partners, and local residents who make Fort Erie such a wonderful place to live and work.
Whether you’re hosting dinner at home, visiting family across town, or simply taking a quiet walk along Lake Erie, I hope you take a moment to enjoy what this region offers — peace, space, and connection.
From my family to yours, wishing you a warm and happy Thanksgiving filled with gratitude and comfort.
Cooking for me is peaceful. I love to do it in solitude.
Cooking for me is peaceful. I love to do it in solitude.
I don’t always love cooking honestly sometimes after a late day at work the last thing I wanna do is cook, but when I have time and when I’m alone, I really love to cook
And when I cook, I love to share it. I love to give it away because I still cook for an army and for the most part it’s just Alex and I.
Cooking for me is just a universal language of love. It’s sustainability. It’s comfort, it’s security.
Food is joy….joy is cooking
What’s your love language?
👇 Tell me in the comments—I’d love to know.
#lovelanguage #cookingwithlove #foodislove #balancedliving #kitchenmoments #slowlivingmovement #creativeoutlet #realtorlife #realestatelifestyle #groundedgrowth #intentionalmoments #lifeinbalance #familymeals #simplejoys #homecookedlove
✨ Congratulations 🎉
✨ Congratulations 🎉
A heartfelt thank you to our sellers for trusting us, and warmest wishes to the new homeowners beginning fresh chapters here in Fort Erie and across the Niagara Region. 🏡
Every sale is more than a transaction—it’s a story of new opportunities, memories waiting to be made, and the excitement of turning a house into a home. 💛
#Sold #FortErie #FortErieRealEstate #NiagaraRegion #NiagaraRealEstate #NiagaraHomes #FortErieHomes #ScarlettRealEstateGroup #NiagaraLiving #FortErieLiving #NiagaraRealtor #FortErieRealtor #NiagaraLife #FortErieWaterfront #NewBeginnings
Thirsty Thursday: Vanilla Ice Cream & Red Wine Taste Test 🍷🍨 | Surprising Pairing!
Welcome back to Thirsty Thursday! 
This week, I’m trying a pairing that SO many people have recommended: vanilla ice cream with red wine. At first, it might sound unusual—but could this be the ultimate sweet + bold flavor combo?
In this episode, I’ll:
Taste test the mix of creamy vanilla and rich red wine
Share my honest first impressions
Let you know if this pairing is worth trying at home
I love experimenting with unique drink and food pairings, and this one has been highly requested. If you’ve tried it before, let me know your thoughts in the comments!
Don’t forget to like, subscribe, and hit the bell 
so you don’t miss future Thirsty Thursday adventures.
Based in Fort Erie, I love sharing a mix of lifestyle, real estate, and fun experiences that connect community and conversation.
Cheers 
— Barbara Scarlett
#ThirstyThursday #WinePairing #IceCreamAndWine #BarbaraScarlettRealEstate
I just finished my workout and I feel strong — like really strong.
I just finished my workout and I feel strong — like really strong.
Not just in my body, but in my mind.
God Moment
In your 50s, something shifts.
It’s not about fitting into a dress anymore.
It’s about being able to move.
To fall — and get back up with strength.
Over the past year and a half, I’ve been showing up.
Not perfectly, but consistently.
Doing positive things for my body—
to keep up strength and mobility.
And with that comes inner confidence.
Energy.
Because life takes energy.
And when you don’t feel good,
everything feels more challenging.
So feel good.
Keep moving.
Stay strong. 💪
That’s the power of slow, steady effort.
You don’t have to grind 6 days a week —
just start. A couple days. A few stretches.
A little consistency goes a long way.
Same is true in real estate, starting now doesn’t mean buying or selling asap. It’s knowing your goals and consciously making small decisions towards it.
Are you in a season of rebuilding your strength — mentally or physically?
You’re not alone. Let me know what’s working for you.
Follow for more grounded reflections from real life + real estate.
#GodMoment #MidlifeStrength #FitnessInYour50s #ConfidenceThroughMovement #FallDownGetUp #RealEstateWithHeart #FortErieRealtor #WomenInRealEstate #RealLifeRealEstate #ConsistentNotPerfect #RebuildingSeason #MindsetAndMovement #Over50AndStrong #HealingTakesTime #RootedLiving
I’m not sure I could live anywhere without water. 🌊
I’m not sure I could live anywhere without water. 🌊
It’s my calm place.
My happy place.
If I can’t be on the water,
Then I will be next to the water either walking or looking over it.
My boat allows me quick and easy access to this space..
Only 20 minutes from home,
but it feels like a world away.
There’s a calm that comes from sleeping on the boat, too—
the gentle rocking,
the quiet assurance that says:
everything’s going to be okay… just rest.
For me, water isn’t just scenery.
It’s balance.
It’s peace.
It’s home.
Do you have a place that instantly makes you feel calm?
👇 I’d love to know where it is.
#lakeerielife #forterieliving #balancedliving #boatinglife #waterfrontvibes #slowlivingmovement #cottageescape #lifeinbalance #simplejoys #joyinthejourney #boatingseason #lakeviews #realestatelifestyle #realtorlife #niagararegion
🚤 Ever worked from a boat?
🚤 Ever worked from a boat?
I have.
Below deck, laptop open…
then up on deck for a quick sunshine break.
It’s peaceful. Productive.
Totally different from an office day.
💡 What if buying a home felt like that?
A lot of buyers hit pause because they think moving means pressure — like life has to stop until the deal is done.
But here’s the truth: I’ve literally closed deals from my boat.
You don’t need to stop your life. You just need to steer it differently. ⚓
Buying (or selling) doesn’t have to be chaotic.
It’s about small, manageable steps — while keeping your pace of life intact.
You can live your life and make a smart move…
you just need a plan that works for you.
📲 Let’s chart your course together. Send me a DM and I’ll help you map out a strategy that keeps your lifestyle front and center — and gets you moving toward your next home.
#FortErieRealEstate #NiagaraHomes #MoveSmart #HomeBuyingJourney #LifeOnTheWater #BoatingLife #RealEstateTips #BuyerAdvice #FortErieBroker #NiagaraRealtor #RealEstatePlanning #BoatDays #HomeBuyingMadeEasy #LifestyleAndLocation #BarbaraScarlettRealtor
🌿 Looking for privacy, land, and timeless quality?
🌿 Looking for privacy, land, and timeless quality?
You’ll want to see this meticulously cared-for home at 544 Rose Hill Rd.
📍Join us this Saturday, Sept 27 | 12–2PM
🛏 4 Bedrooms (2+2)
🛁 2 Bathrooms
🌞 3-Season Sunroom
🏡 Vaulted Ceilings
👣 Walk-out Basement
🛻 Double Garage + Carport + Detached Garage
🌳 Lush Perennial Gardens
🍅 Vegetable Garden
🚗 Parking for 10+ Vehicles
🌲 Surrounded by mature trees
📍 Near Friendship Trail, Lake Erie & local schools
With 2.5 attached garage plus carport
+ the additional detached garage at the back of the property!
The same family has owned this since day one… now it’s your turn.
📲 DM @barbara.scarlett.broker for details or a private showing!
#FortErieRealEstate #RoseHillRoad #OpenHouseFortErie #HomesWithLand #NiagaraLiving #BarbaraScarlettRealtor #BungalowForSale #C21HeritageHouse #PrivateBackyardVibes #SunroomGoals #RaisedBungalowLife #FortErieHomes #FallRealEstate #NiagaraHomesForSale #HomeWithGarage #NatureMeetsComfort
