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

Home with brick exterior material, street for 87 westmount Rd, Waterloo Ontario N2L 2R7

8 hours on market

Up to6K Cashback

87 westmount Rd, Waterloo

Condo421000-1199 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 280 Lester St #404, Waterloo Ontario N2L 0G2

Re-listed 10 hours ago

$•••,•••

Up to3K Cashback

280 Lester St #404, Waterloo

Condo11700-799 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 35 Moore Ave, Waterloo Ontario N2J 3E4

11 hours on market

Up to4K Cashback

35 Moore Ave, Waterloo

Detached321100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 580 Beaver Creek Rd #215, Waterloo Ontario N2J 3Z4

12 hours on market

Up to550 Cashback

580 Beaver Creek Rd #215, Waterloo

Detached11< 700 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Home with brick exterior material, street for 712 Highpoint Ave, Waterloo Ontario N2V 1G9

13 hours on market

Up to3K Cashback

712 Highpoint Ave, Waterloo

Semi-Detached321100-1500 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Bedroom with bed, unknown for 148 NORTHLAKE Dr #A, Waterloo Ontario N2V 1H7

14 hours on market

Up to3K Cashback

148 NORTHLAKE Dr #A, Waterloo

Semi-Detached32700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 523 Beechwood Dr #15, Kitchener Ontario N2T 2G7

14 hours on market

Up to3K Cashback

523 Beechwood Dr #15, Kitchener

Condo231400-1599 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Home with brick exterior material, street for 748 Cedar Bend Dr, Waterloo Ontario N2V 2R6

15 hours on market

Up to8K Cashback

748 Cedar Bend Dr, Waterloo

Detached3+242500-3000 sq ft

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

Home with brick exterior material, street for 382 Beechdrops Dr, Waterloo Ontario N2V 0E8

Re-listed 15 hours ago

$•••,•••

Up to5K Cashback

382 Beechdrops Dr, Waterloo

Detached4+142000-2500 sq ft

Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.

Home with vinyl exterior material, street for 70 William St, Waterloo Ontario N2L 1J7

15 hours on market

Up to7K Cashback

70 William St, Waterloo

Townhouse9+473000-3500 sq ft

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Just sold - City of Waterloo

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 235 Huntingdon Cres, Waterloo Ontario N2L 4P8

Sold for $655,000

$30K below asking

235 Huntingdon Cres, Waterloo

Detached32700-1100 sq ft

Listed by Gale Group Realty Brokerage Ltd

Living room with furniture, unknown for 265 Westcourt Pl #1101, Waterloo Ontario N2L 6E4

Sold for $612,000

$13K below asking

265 Westcourt Pl #1101, Waterloo

Condo321400-1599 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Unknown for 79 Ellis Cres, Waterloo Ontario N2J 2B7

Sold for $760,000

$11K above asking

79 Ellis Cres, Waterloo

Detached3+221500-2000 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Home with brick exterior material, street for 67 Weber St, Waterloo Ontario N2J 1Z8

Sold for $695,000

67 Weber St, Waterloo

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 216 Rodney St, Waterloo Ontario N2J 1G5

Sold for $750,000

$29K below asking

216 Rodney St, Waterloo

Detached2+121872.55 sq ft

Listed by HOMELIFE MIRACLE REALTY LTD.

Home with brick exterior material, street for 840 Brandenburg Blvd, Out of Area Ontario N2T 2X5

Sold 2 days ago

Sold for $825,000

$125K below asking

840 Brandenburg Blvd, Out of Area

Detached3+141500-2000 sq ft

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Home with brick exterior material, street for 205 AUBURN Dr #A, Waterloo Ontario N2K 3T1

Sold 2 days ago

Sold for $661,000

$61K above asking

205 AUBURN Dr #A, Waterloo

Semi-Detached321500-2000 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Unknown for 251 Northfield Dr #422, Waterloo Ontario N2K 0G9

Sold 2 days ago

Sold for $460,000

$50K below asking

251 Northfield Dr #422, Waterloo

Condo22800-899 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Pool for 370 Roselawn Pl, Waterloo Ontario N2L 5P1

Sold 2 days ago

Sold for $800,000

$20K above asking

370 Roselawn Pl, Waterloo

Detached431100-1500 sq ft

Listed by Town Or Country Real Estate (Halton) Ltd., Brokerage

Home with brick exterior material, street for 318 Roxton Dr, Waterloo Ontario N2T 1R6

Sold 2 days ago

Sold for $925,000

$25K below asking

318 Roxton Dr, Waterloo

Condo431600-1799 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

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