City of Waterloo

Columbia HillsHousing market

Columbia Hills

Columbia Hills Housing Market Report

Seller's Market

All types - for the month of May

Buyer's market Seller's market

2

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.

20

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*

46 active

New

40(+53.85% YoY)

Relisted

2(0% YoY)

Compared to number of active, same period, in 2024: 20, in 2023: 5, in 2022: 9

Total Sold Listings*

21 sold

Median Sold Price

$776,000

Avg Days on Market

20 days

Median Bidding

$30,000

Compared to number of sold, same period, in 2024: 12, in 2023: 6, in 2022: 7

*Data is for the month of May

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

Home with brick exterior material, street for 779 Snowberry Crt, Waterloo MI N2V 0E7

14 hours on market

Up to15K Cashback

779 Snowberry Crt, Waterloo

Detached5+153500-5000 sq ft

Listed by RE/MAX ICON REALTY

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

Re-listed 1 day ago

$•••,•••

Up to12K Cashback

220 Ladyslipper Dr, Waterloo

Detached44+13837 sq ft

Listed by RED AND WHITE REALTY INC.

Home with brick exterior material, street for 678 Salzburg Dr, Waterloo Ontario N2V 2N8

1 day on market

Up to7K Cashback

678 Salzburg Dr, Waterloo

Detached2+231100-1500 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 624 Wild Rye St, Waterloo Ontario N2V 0E3

2 days on market

Up to13K Cashback

624 Wild Rye St, Waterloo

Detached4+14+13855 sq ft

Listed by SOLID STATE REALTY INC.

Home with brick exterior material, street for 302 Ginseng St, Waterloo Ontario N2V 0B3

2 days on market

Up to9K Cashback

302 Ginseng St, Waterloo

Townhouse34+22664 sq ft

Listed by RE/MAX Twin City Realty Inc.

Open concept kitchen, unknown for 776 Laurelwood Dr #706, Waterloo Ontario N2N 0A8

2 days on market

Up to4K Cashback

776 Laurelwood Dr #706, Waterloo

Condo221000-1199 sq ft

Listed by RE/MAX PROFESSIONALS INC.

Home with brick exterior material, street for 292 Chokecherry Cres, Waterloo Ontario N2V 0H1

Re-listed 3 days ago

$•••,•••

Up to12K Cashback

292 Chokecherry Cres, Waterloo

Detached33+12456 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 778 Laurelwood Dr #413, Waterloo Ontario N2V 0G3

4 days on market

Up to3K Cashback

778 Laurelwood Dr #413, Waterloo

Condo221000-1199 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Unknown for 863 Laurelwood Dr, Waterloo Ontario N2V 2X8

Sold conditionally

$•••,•••

Up to9K Cashback

863 Laurelwood Dr, Waterloo

Detached43+12602.6 sq ft

Listed by Royal LePage Wolle Realty

Home with brick exterior material, street for 722 Black Cherry St, Waterloo Ontario N2V 2P3

6 days on market

Up to4K Cashback

722 Black Cherry St, Waterloo

Detached3+141500-2000 sq ft

Listed by EXP REALTY

Just sold - Columbia Hills

Unknown for 778 Laurelwood Dr #303, Waterloo Ontario N2V 0A8

Sold 7 days ago

Sold for $520,000

$40K below asking

778 Laurelwood Dr #303, Waterloo

Condo221050 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Unknown for 620 Violet St, Waterloo Ontario N2V 2V9

Sold 8 days ago

Sold for $823,000

$24K above asking

620 Violet St, Waterloo

Detached33+12411 sq ft

Listed by Royal LePage Peaceland Realty

Home with brick exterior material, unknown for 655 White Cedar Ave, Waterloo Ontario N2V 0A7

Sold 16 days ago

Sold for $1,650,000

$150K above asking

655 White Cedar Ave, Waterloo

Detached4+143000-3500 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Home with brick exterior material, street for 711 Wood Lily St, Waterloo Ontario N2V 0G2

Sold 17 days ago

Sold for $905,000

$56K above asking

711 Wood Lily St, Waterloo

Townhouse432000-2500 sq ft

Listed by PEAK REALTY LTD.

Home with brick exterior material, street for 539 Wood Nettle Way, Waterloo Ontario N2V 2X9

Sold 23 days ago

Sold for $1,170,000

$70K above asking

539 Wood Nettle Way, Waterloo

Detached4+142000-2500 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Floor plan for 304 Chokecherry Cres, Waterloo Ontario N2V 0H1

Sold 27 days ago

Sold for $1,190,000

$35K below asking

304 Chokecherry Cres, Waterloo

Detached33+12407 sq ft

Listed by SMART FROM HOME REALTY LIMITED

Home with brick exterior material, street for 869 Laurelwood Dr, Waterloo Ontario N2V 2X8

Sold 28 days ago

Sold for $850,000

$150K above asking

869 Laurelwood Dr, Waterloo

Detached331100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 744 Butternut Ave, Waterloo Ontario N2V 2M3

Sold 28 days ago

Sold for $776,000

$76K above asking

744 Butternut Ave, Waterloo

Detached2+14+12967 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 632A Basswood St, Waterloo Ontario N2V 2K8

Sold 31 days ago

Sold for $730,200

$131K above asking

632A Basswood St, Waterloo

Semi-Detached341100-1500 sq ft

Listed by RE/MAX ACE REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 778 Laurelwood Dr #613, Waterloo Ontario N2V 0G3

Sold 34 days ago

Sold for $510,000

778 Laurelwood Dr #613, Waterloo

Condo221000-1199 sq ft

Listed by IPRO REALTY 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