City of Waterloo

Columbia HillsHousing market

Columbia Hills

Columbia Hills Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

14

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.

26

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*

41 active

New

21(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 1, in 2022: 3

Total Sold Listings*

3 sold

Median Sold Price

$500,000

Avg Days on Market

26 days

Median Bidding

-$20,000

Compared to number of sold, same period, in 2024: 7, in 2023: 14, in 2022: 12

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Columbia Hills - All types

Sold vs Active vs New vs Relisted - Columbia Hills - All types

Sold Price Distribution - Columbia Hills - All types

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

Property Type Distribution - Columbia Hills - All types

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

Median Price - Columbia Hills - All types

Just listed - Columbia Hills

trreb/IMG-X12105967_1.jpg

51 mins on market

Up to3K Cashback

778 Laurelwood Dr #613, Waterloo

Condo231000-1199 sq ft

Listed by IPRO REALTY LTD.

trreb/IMG-X12105856_1.jpg

6 hours on market

Up to9K Cashback

473 Avens St, Waterloo

Semi-Detached331500-2000 sq ft

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Home with brick exterior material, street for 565 Sundew Dr, Waterloo Ontario N2V 0B9

Re-listed 1 day ago

$•••,•••

Up to11K Cashback

565 Sundew Dr, Waterloo

Detached542500-3000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 304 Chokecherry Cres, Waterloo Ontario N2V 0H1

2 days on market

Up to13K Cashback

304 Chokecherry Cres, Waterloo

Detached33+12407 sq ft

Listed by SMART FROM HOME REALTY LIMITED

Home with brick exterior material, street for 765 Autumn Willow Dr, Waterloo Ontario N2V 0E3

Re-listed 2 days ago

$•••,•••

Up to6K Cashback

765 Autumn Willow Dr, Waterloo

Detached332000-2500 sq ft

Listed by PEAK REALTY LTD.

Home with brick exterior material, street for 220 Ladyslipper Dr, Waterloo Ontario N2V 0E2

3 days on market

Up to13K Cashback

220 Ladyslipper Dr, Waterloo

Detached44+13837 sq ft

Listed by RED AND WHITE REALTY INC.

Home with brick exterior material, street for 556 Mayapple St, Waterloo Ontario N2V 0C3

8 days on market

Up to7K Cashback

556 Mayapple St, Waterloo

Detached453000-3500 sq ft

Listed by HOMELIFE SILVERCITY REALTY INC.

Home with brick exterior material, street for 361 Beechdrops Dr, Waterloo Ontario N2V 0E8

9 days on market

Up to7K Cashback

361 Beechdrops Dr, Waterloo

Detached4+242500-3000 sq ft

Listed by PROEDGE REALTY INC.

Home with brick exterior material, street for 284 Chokecherry Cres, Waterloo Ontario N2V 0H1

Re-listed 11 days ago

$•••,•••

Up to7K Cashback

284 Chokecherry Cres, Waterloo

Detached3+142500-3000 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Home with brick exterior material, street for 641 Wild Rye St, Waterloo Ontario N2V 0G1

Re-listed 15 days ago

$•••,•••

Up to7K Cashback

641 Wild Rye St, Waterloo

Detached4+142000-2500 sq ft

Listed by SHAW REALTY GROUP INC.

Just sold - Columbia Hills

Home with brick exterior material, street for 326 Chokecherry Cres, Waterloo Ontario N2V 0H1

Sold for $1,250,000

$49K below asking

326 Chokecherry Cres, Waterloo

Detached3+142000-2500 sq ft

Listed by EXECUTIVE HOMES REALTY INC.

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

Sold 3 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

Home with brick exterior material, street for 633 Sundew Dr, Waterloo Ontario N2V 0C1

Sold 7 days ago

Sold for $920,000

$20K above asking

633 Sundew Dr, Waterloo

Detached33+11845 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 759 Butternut Ave, Waterloo Ontario N2V 2M3

Sold 9 days ago

Sold for $830,000

$30K above asking

759 Butternut Ave, Waterloo

Detached331500-2000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Unknown for 776 Laurelwood Dr #510, Waterloo Ontario N2V 0A8

Sold 9 days ago

Sold for $500,000

$29K below asking

776 Laurelwood Dr #510, Waterloo

Condo221045 sq ft

Listed by GREEN CITY REALTY INC.

Open concept kitchen, unknown for 776 Laurelwood Dr #701, Waterloo Ontario N2V 0A8

Sold 9 days ago

Sold for $560,000

$15K below asking

776 Laurelwood Dr #701, Waterloo

Condo221183 sq ft

Listed by EXP REALTY

Home with vinyl exterior material, street for 828 Butternut Ave, Waterloo Ontario N2V 2M4

Sold 15 days ago

Sold for $750,500

$51K above asking

828 Butternut Ave, Waterloo

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 616 Royal Fern St, Waterloo Ontario N2V 2P5

Sold 15 days ago

Sold for $802,500

616 Royal Fern St, Waterloo

Detached32+11669 sq ft

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

Unknown for 668 Meadowsweet Ave, Waterloo Ontario N2V 2Y1

Sold 15 days ago

Sold for $1,200,000

$89K below asking

668 Meadowsweet Ave, Waterloo

Detached4+14+12615 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 785 Sundrops Crt, Waterloo Ontario N2V 0C5

Sold 17 days ago

Sold for $1,475,000

$85K above asking

785 Sundrops Crt, Waterloo

Detached44+13116 sq ft

Listed by CENTURY 21 HERITAGE HOUSE LTD.

Population and Demographics

Overview

Total population 3538

Average household income $161,972

Age (%)

0 to 19

30%

35 to 49

24%

20 to 34

19%

50 to 64

17%

65 and plus

10%

Household composition (%)

Single family

84%

Single person

11%

Multi person

4%

Multi family

2%

Mother tongue (%)

English

53%

Mandarin

17%

Arabic

5%

Urdu

4%

Korean

3%

Punjabi (Panjabi)

3%

Spanish

2%

Hindi

2%

Iranian Persian

2%

Others

1%

House tenancy (%)

Owners

84%

Renters

16%

Top 2 Schools in Columbia Hills

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

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance