City of WaterlooHousing market

City of Waterloo

City of Waterloo Housing Market Report

Balanced Market

All types - for the month of June

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.

31

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*

758 active

New

369(+12.16% YoY)

Relisted

28(+27.27% YoY)

Compared to number of active, same period, in 2024: 361, in 2023: 103, in 2022: 123

Total Sold Listings*

164 sold

Median Sold Price

$739,500

Avg Days on Market

31 days

Median Bidding

-$9,949

Compared to number of sold, same period, in 2024: 138, in 2023: 184, in 2022: 178

*Data is for the month of June

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 116 Waterloo St, Waterloo Ontario N2J 1X9

Up to4K Cashback

116 Waterloo St, Waterloo

Detached32700-1100 sq ft

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

Unknown for 145 Columbia St #2226, Waterloo Ontario N2L 3L2

Up to5K Cashback

145 Columbia St #2226, Waterloo

Condo1+11500-599 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Open concept kitchen, wood/laminate floor for 145 Columbia St, Waterloo Ontario N2L 0K7

Up to2K Cashback

145 Columbia St, Waterloo

Condo1+11500-599 sq ft

Listed by RE/MAX REALTY SERVICES INC.

Unknown for 231 A Cedarbrae Ave, Waterloo Ontario N2L 4S6

Up to3K Cashback

231 A Cedarbrae Ave, Waterloo

Semi-Detached3+32700-1100 sq ft

Listed by ROYAL LEPAGE MAXIMUM REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 592 Manorwood Crt, Waterloo Ontario N2K 3L7

49 mins on market

Up to10K Cashback

592 Manorwood Crt, Waterloo

Detached443500-5000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Floor plan for 65 Westmount Rd #110, Waterloo Ontario N2L 5G6

1 hour on market

Up to2K Cashback

65 Westmount Rd #110, Waterloo

Condo221000-1199 sq ft

Listed by CENTURY 21 HERITAGE HOUSE LTD

Unknown for 329 Northlake Dr #5, Waterloo Ontario N2V 1Z1

1 hour on market

Up to2K Cashback

329 Northlake Dr #5, Waterloo

Condo21700-799 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Indoor foyer for 312 ERB St #516, Waterloo Ontario N2L 1W3

2 hours on market

Up to3K Cashback

312 ERB St #516, Waterloo

Condo220-499 sq ft

Listed by HC REALTY GROUP INC.

Unknown for 645 PINEROW Cres #A, Waterloo Ontario N2T 2K8

3 hours on market

Up to3K Cashback

645 PINEROW Cres #A, Waterloo

Semi-Detached331100-1500 sq ft

Listed by REAL BROKER ONTARIO LTD.

Unknown for 145 Columbia St #1508, Waterloo Ontario N2L 3L2

5 hours on market

Up to5K Cashback

145 Columbia St #1508, Waterloo

Condo1+11500-599 sq ft

Listed by IPRO REALTY LTD.

Just sold - City of Waterloo

Home with brick exterior material, building for 247 Northfield Dr #605, Waterloo Ontario N2K 0H1

Sold for $335,000

$24K below asking

247 Northfield Dr #605, Waterloo

Condo11518 sq ft

Listed by COLDWELL BANKER PETER BENNINGER REALTY

Unknown for 219 Huntingdon Cres, Waterloo Ontario N2L 4P8

Sold for $500,000

$75K above asking

219 Huntingdon Cres, Waterloo

Detached311168 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 107 Roger St #302, Waterloo Ontario N2J 0G3

Sold for $503,000

$7K below asking

107 Roger St #302, Waterloo

Condo22900-999 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 576 Windjammer Way, Waterloo Ontario N2K 3Z5

Sold for $849,000

$26K below asking

576 Windjammer Way, Waterloo

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Unknown for 318 Spruce St #1602, Waterloo Ontario N2L 3H6

Sold 2 days ago

Sold for $438,000

$11K below asking

318 Spruce St #1602, Waterloo

Condo22900-999 sq ft

Listed by MASTER`S TRUST REALTY INC.

Home with brick exterior material, street for 558 Hemingway Pl, Waterloo Ontario N2T 1Z5

Sold 2 days ago

Sold for $1,375,000

$24K below asking

558 Hemingway Pl, Waterloo

Detached532000-2500 sq ft

Listed by Royal LePage Wolle Realty, Brokerage

Unknown for 511 Mariner Dr, Waterloo Ontario N2K 4N7

Sold 2 days ago

Sold for $790,000

$10K below asking

511 Mariner Dr, Waterloo

Townhouse331500-2000 sq ft

Listed by REAL BROKER ONTARIO LTD.

Unknown for 101 Golden Eagle Rd #608, Waterloo Ontario N2V 0H4

Sold 3 days ago

Sold for $480,000

101 Golden Eagle Rd #608, Waterloo

Condo22715 sq ft

Listed by C M A REALTY LTD.

Home with brick exterior material, street for 81 Allen St, Waterloo Ontario N2L 1E3

Sold 3 days ago

Sold for $610,000

$80K above asking

81 Allen St, Waterloo

Detached211028 sq ft

Listed by iPro Realty Ltd.

Home with vinyl exterior material, street for 291 Lourdes St, Waterloo Ontario N2L 1P6

Sold 4 days ago

Sold for $1,500,000

291 Lourdes St, Waterloo

Detached4+142000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Population and Demographics

Overview

Total population 118405

Average household income $135,713

Age (%)

0 to 19

21%

20 to 34

28%

35 to 49

18%

50 to 64

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