City of WaterlooHousing market

City of Waterloo

City of Waterloo Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

24

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

546 active

New

295(+10.90% YoY)

Relisted

8(0% YoY)

Compared to number of active, same period, in 2024: 208, in 2023: 61, in 2022: 36

Total Sold Listings*

100 sold

Median Sold Price

$750,000

Avg Days on Market

24 days

Median Bidding

-$4,000

Compared to number of sold, same period, in 2024: 148, in 2023: 124, in 2022: 194

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - City of Waterloo - All types

Sold vs Active vs New vs Relisted - City of Waterloo - All types

Sold Price Distribution - City of Waterloo - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - City of Waterloo - All types

Property type distribution based on data from the last 3 months.

Median Price - City of Waterloo - All types

Just listed - City of Waterloo

trreb/IMG-X12103370_1.jpg

Up to7K Cashback

333 Woolwich St, Waterloo

Detached433000-3500 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

trreb/IMG-X12103347_1.jpg

Up to6K Cashback

364 Roselawn Pl, Waterloo

Detached3+121100-1500 sq ft

Listed by RE/MAX REALTY SERVICES INC.

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10 hours on market

Up to4K Cashback

308 Lester St ##618, Waterloo

Condo110-499 sq ft

Listed by RIGHT AT HOME REALTY

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Re-listed 12 hours ago

$•••,•••

Up to11K Cashback

565 Sundew Dr, Waterloo

Detached542500-3000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Indoor foyer for 308 Lester St #416, Waterloo Ontario N2L 0H9

14 hours on market

Up to4K Cashback

308 Lester St #416, Waterloo

Condo110-499 sq ft

Listed by MEHOME REALTY (ONTARIO) INC.

Living room with furniture, unknown for 4 Willow St #1601, Waterloo Ontario N2J 4S2

Re-listed 15 hours ago

Up to8K Cashback

4 Willow St #1601, Waterloo

Condo232250-2499 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Unknown for 269 Sunview St #B05, Waterloo Ontario N2L 3V8

Re-listed 15 hours ago

$•••,•••

Up to4K Cashback

269 Sunview St #B05, Waterloo

Condo11800-899 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 620 Inglis Falls Pl, Waterloo Ontario N2V 2L4

16 hours on market

Up to3K Cashback

620 Inglis Falls Pl, Waterloo

Townhouse331500-2000 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Patio, street for 580 Beaver Creek Rd #21, Waterloo Ontario N2J 3Z4

17 hours on market

Up to795 Cashback

580 Beaver Creek Rd #21, Waterloo

Detached11700-1100 sq ft

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA

Unknown for 101 Golden Eagle Rd #407, Waterloo Ontario N2V 0H4

18 hours on market

Up to2K Cashback

101 Golden Eagle Rd #407, Waterloo

Condo11500-599 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Just sold - City of Waterloo

Unknown for 93 Blythwood Rd, Waterloo Ontario N2L 4A1

Sold for $730,000

$50K above asking

93 Blythwood Rd, Waterloo

Detached421100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Open concept kitchen, ceramic/tile floor for 276 Eiwo Crt #305, Waterloo Ontario N2K 3M6

Sold for $365,000

$15K above asking

276 Eiwo Crt #305, Waterloo

Condo21800-899 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 764 Zermatt Dr, Waterloo Ontario N2T 2W8

Sold for $750,000

$50K above asking

764 Zermatt Dr, Waterloo

Detached321100-1500 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

A pic of a room for 483 Alexmuir Pl, Waterloo Ontario N2T 1S5

Sold 2 days ago

Sold for $1,657,114

$93K below asking

483 Alexmuir Pl, Waterloo

Detached4+143000-3500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 712 Wood Lily St, Waterloo Ontario N2V 0G2

Sold 2 days ago

Sold for $1,275,000

$113K below asking

712 Wood Lily St, Waterloo

Detached432500-3000 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 557 St Moritz Ave, Waterloo Ontario N2T 2Z3

Sold 2 days ago

Sold for $950,000

$75K above asking

557 St Moritz Ave, Waterloo

Detached3+141500-2000 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Unknown for 226 Auburn Dr, Waterloo Ontario N2K 3T3

Sold 2 days ago

Sold for $875,000

$76K above asking

226 Auburn Dr, Waterloo

Detached331100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 274 Raspberry Pl, Waterloo Ontario N2V 0H3

Sold 2 days ago

Sold for $1,155,000

$35K below asking

274 Raspberry Pl, Waterloo

Detached43+12399 sq ft

Listed by EXP REALTY

Unknown for 279 Bluevale St #41, Waterloo Ontario N2J 4L8

Sold 2 days ago

Sold for $550,000

$25K below asking

279 Bluevale St #41, Waterloo

Townhouse311194 sq ft

Listed by Revel Realty Inc., Brokerage

Home with brick exterior material, street for 715 Brandenburg Blvd, Waterloo Ontario N2T 2V4

Sold 3 days ago

Sold for $795,000

$45K above asking

715 Brandenburg Blvd, Waterloo

Detached321100-1500 sq ft

Listed by RE/MAX Solid Gold Realty (II) Ltd

Population and Demographics

Overview

Total population 118405

Average household income $135,713

Age (%)

20 to 34

28%

0 to 19

21%

50 to 64

18%

35 to 49

18%

65 and plus

16%

Household composition (%)

Single family

62%

Single person

28%

Multi person

10%

Multi family

0%

Mother tongue (%)

English

75%

Mandarin

7%

Others

6%

Arabic

2%

German

2%

Spanish

1%

Hindi

1%

Punjabi (Panjabi)

1%

House tenancy (%)

Owners

60%

Renters

40%

Top 5 Schools in City of Waterloo

Abraham Erb Public School710 Laurelwood Dr, N2V 2V3, Waterloo, ON

9.3/10

Public•JK-6

Vista Hills Public School314 Sweet Gale Street, N2V 0B3, Waterloo, ON

9.1/10

Public•JK-8

Laurelwood Public School460 Brentcliffe Dr, N2T 2R5, Waterloo, ON

9.1/10

Public•JK-8

N a MacEachern Public School580 Rolling Hills Dr, N2L 4Z9, Waterloo, ON

8.8/10

Public•JK-6

Millen Woods Public School640 New Hampshire Street, N2K 0A5, Waterloo, ON

8.6/10

Public•JK-6

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance