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Niagara MLS® Market Update – September 2025
Market data through September 2025 highlights key trends across Niagara. Total sales have moderated, reflecting a more balanced relationship between supply and demand. However, Fort Erie stands out for maintaining consistent activity, particularly in mid-range price segments.
The MLS® Home Price Index (HPI) continues to align closely with median sale prices, suggesting that the gap between list and sale prices is narrowing. After several months of adjustment, values appear to be stabilizing across most sub-markets.
Sellers are increasingly realistic, adjusting prices to meet buyer expectations. Buyers, in turn, are taking advantage of moderate mortgage rates to re-enter the market.
Locally, detached homes in Fort Erie and Ridgeway remain in steady demand, especially those offering lifestyle features like proximity to Lake Erie, larger lots, and updated interiors. As we move into late fall, well-presented homes priced correctly continue to attract solid interest.
How Offer Timing Impacts Real Estate Negotiations
Real estate negotiations often turn on one detail: time. Consider this example — a buyer submits an offer on a Fort Erie home for $495,000 with a 48-hour irrevocable. The seller counters at $506,500, valid until 6:00 p.m. the next day. The buyer hesitates, lets the deadline expire, and loses the home when new offers arrive.
Once an irrevocable period expires, the offer is legally dead. This is true even if the buyer later agrees to the seller’s terms. In multiple-offer situations, sellers may receive several new offers once the window closes, leaving the first buyer out of contention.
Deadlines are firm for a reason — they keep transactions organized and fair. However, it’s also important for sellers to be realistic with timing. If an irrevocable is too short, they risk missing qualified buyers who need more time to review. If too long, it may limit flexibility in fast-moving markets.
Buyers and sellers both benefit from working with experienced agents who explain how these clauses function and ensure everyone stays within timelines.
How Long Do You Have to Accept an Offer?
Timing is everything in real estate, and nowhere is that truer than in the offer process. Every Agreement of Purchase and Sale includes an irrevocable clause — a legally binding time limit during which an offer must be accepted.
Once that deadline passes, the offer becomes void, and neither side is obligated to proceed. This clause protects both parties by defining a clear window for negotiation.
Buyers often use short irrevocable times to apply pressure, hoping to block competing offers. For example, an offer with an expiry of 6 p.m. the same day may catch a seller off-guard, leaving little time to consider. In contrast, sellers sometimes set review dates to allow multiple offers to come in, creating fair competition and better outcomes.
For Fort Erie homeowners, understanding this timing helps avoid missed opportunities. A strong offer might slip away simply because the irrevocable time wasn’t managed properly. Likewise, buyers who let deadlines lapse lose their chance to secure the property altogether.
Working closely with your REALTOR® ensures that all parties respect timelines and communicate effectively, reducing stress in what can be a fast-moving process.
Why Overpricing Your Home Can Cost You
It’s a common mistake — setting a price higher than market value to “leave room for negotiation.” In reality, this approach often backfires. Overpriced homes in Fort Erie and Niagara spend more time on the market and typically sell for less than those priced right from the start.
Buyers today are well-informed. They compare listings, track sales data, and know when a home is mispriced. An inflated list price can make your property invisible to serious buyers who search within realistic parameters.
Local data supports this: Niagara’s average list price sits roughly 27% above its average sale price. That means buyers consistently pay less than what sellers expect. The longer a property sits, the more likely buyers are to assume something’s wrong — and that leads to lower offers.
Strategic pricing is about matching demand. In a balanced market, homes priced accurately generate more showings, better exposure, and sometimes multiple offers. Overpricing, on the other hand, leads to missed opportunities and eventual price reductions.
If your home has been listed for more than 30–45 days without substantial activity, it’s time to reassess. Markets move quickly, and a small correction now can lead to a faster, stronger sale later.
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
