City of WaterlooHousing market

City of Waterloo

City of Waterloo Housing Market Report

Balanced Market

All types - for the month of May

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

25

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*

743 active

New

451(+16.24% YoY)

Relisted

22(0% YoY)

Compared to number of active, same period, in 2024: 340, in 2023: 76, in 2022: 104

Total Sold Listings*

158 sold

Median Sold Price

$775,605

Avg Days on Market

25 days

Median Bidding

-

Compared to number of sold, same period, in 2024: 178, in 2023: 194, in 2022: 195

*Data is for the month of May

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

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$•••,•••

Up to4K Cashback

831 Whitecap Ave, Waterloo

Detached3+141500-2000 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 290 Langford Pl, Waterloo Ontario N2J 3S8

$•••,•••

Up to7K Cashback

290 Langford Pl, Waterloo

Detached32700-1100 sq ft

Listed by Chestnut Park Realty (Southwestern Ontario) Ltd

Home with brick exterior material, street for 238 Foxhunt Rd, Waterloo Ontario N2K 2R9

$•••,•••

Up to7K Cashback

238 Foxhunt Rd, Waterloo

Detached3+12700-1100 sq ft

Listed by CONDO CULTURE

Unknown for 77 Pinemeadow Cres, Waterloo Ontario N2T 1A6

Up to4K Cashback

77 Pinemeadow Cres, Waterloo

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

Home with vinyl exterior material, street for 262 Northcrest Pl, Waterloo Ontario N2J 3X5

Up to4K Cashback

262 Northcrest Pl, Waterloo

Detached3+12700-1100 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Unknown for 217 Mayfield Ave, Waterloo Ontario N2J 3S6

8 hours on market

Up to7K Cashback

217 Mayfield Ave, Waterloo

Detached3+32700-1100 sq ft

Listed by CENTURY 21 GREEN REALTY INC.

Home with brick exterior material, street for 301 Westpark Cres, Waterloo Ontario N2T 0A4

Re-listed 8 hours ago

$•••,•••

Up to5K Cashback

301 Westpark Cres, Waterloo

Detached342000-2500 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

Unknown for 258A Sunview St #137, Waterloo Ontario N2L 0H7

16 hours on market

Up to4K Cashback

258A Sunview St #137, Waterloo

Condo21500-599 sq ft

Listed by ROYAL LEPAGE PEACELAND REALTY

Unknown for 375 King St #507, Waterloo Ontario N2J 4L6

16 hours on market

Up to4K Cashback

375 King St #507, Waterloo

Condo21940 sq ft

Listed by The Agency Real Estate Brokerage

Dining room, unknown for 580 Beaver Creek Rd #9, Waterloo Ontario N2J 3Z4

Re-listed 16 hours ago

$•••,•••

Up to1K Cashback

580 Beaver Creek Rd #9, Waterloo

Detached21836 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Just sold - City of Waterloo

Home with brick exterior material, building for 36 Regina St #405, Waterloo Ontario N2J 3A2

Sold 16 hours ago

Sold for $484,000

$16K below asking

36 Regina St #405, Waterloo

Condo22857 sq ft

Listed by PEAK REALTY LTD.

Home with brick exterior material, street for 330 Martindale Cres, Waterloo Ontario N2L 4X8

Sold for $765,000

$90K above asking

330 Martindale Cres, Waterloo

Detached3+22700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 165 Harvard Rd, Waterloo Ontario N2J 3V4

Sold for $675,000

$24K below asking

165 Harvard Rd, Waterloo

Detached321100-1500 sq ft

Listed by EXP REALTY

Unknown for 559 Sprucehill Ave, Waterloo Ontario N2L 4V8

Sold for $615,000

$24K below asking

559 Sprucehill Ave, Waterloo

Detached31700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 280 Lester St #613, Waterloo Ontario N2L 0G2

Sold for $375,000

$24K below asking

280 Lester St #613, Waterloo

Condo11500-599 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 311 Deerfoot Trail, Waterloo Ontario N2K 0B3

Sold for $1,600,000

$50K below asking

311 Deerfoot Trail, Waterloo

Detached4+14+14638.73 sq ft

Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

Home with brick exterior material, street for 28 Allen St, Waterloo Ontario N2J 1H9

Sold 2 days ago

Sold for $671,500

$32K above asking

28 Allen St, Waterloo

Detached983000-3500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 832 Copper Ridge Dr, Waterloo Ontario N2K 0B5

Sold 2 days ago

Sold for $1,250,000

$65K above asking

832 Copper Ridge Dr, Waterloo

Detached432500-3000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 133 Christopher Dr, Waterloo Ontario N2J 4J6

Sold 2 days ago

Sold for $650,000

$50K above asking

133 Christopher Dr, Waterloo

Detached3+12700-1100 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 641 Fern Rd, Waterloo Ontario N2V 1G4

Sold 2 days ago

Sold for $842,500

$43K above asking

641 Fern Rd, Waterloo

Detached33+12671 sq ft

Listed by PEAK REALTY 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