City of Waterloo

LexingtonHousing market

Lexington

Lexington Housing Market Report

Seller's Market

All types - for the month of March

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.

12

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*

19 active

New

17(+112.50% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 5, in 2023: 2, in 2022: 2

Total Sold Listings*

8 sold

Median Sold Price

$817,500

Avg Days on Market

12 days

Median Bidding

$55,050

Compared to number of sold, same period, in 2024: 4, in 2023: 4, in 2022: 10

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Lexington - All types

Sold Price Distribution - Lexington - All types

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

Property Type Distribution - Lexington - All types

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

Median Price - Lexington - All types

Just listed - Lexington

trreb/IMG-X12103370_1.jpg

14 hours on market

Up to7K Cashback

333 Woolwich St, Waterloo

Detached433000-3500 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 422 Forestlawn Rd, Waterloo Ontario N2K 2J6

3 days on market

Up to10K Cashback

422 Forestlawn Rd, Waterloo

Detached33+11885 sq ft

Listed by RED AND WHITE REALTY INC.

Home with brick exterior material, street for 275 Canterbury Dr, Waterloo Ontario N2K 3C4

7 days on market

Up to9K Cashback

275 Canterbury Dr, Waterloo

Detached33+12646.8 sq ft

Listed by COLDWELL BANKER PETER BENNINGER REALTY

Home with brick exterior material, street for 144 Steeplechase Way, Waterloo Ontario N2K 0E5

14 days on market

$•••,•••

Up to6K Cashback

144 Steeplechase Way, Waterloo

Detached342000-2500 sq ft

Listed by CORCORAN HORIZON REALTY

Unknown for 552 Dansbury Dr, Waterloo Ontario N2K 4E2

16 days on market

Up to4K Cashback

552 Dansbury Dr, Waterloo

Townhouse341100-1500 sq ft

Listed by IPRO REALTY LTD.

Home with brick exterior material, street for 423 Woolwich St, Waterloo Ontario N2K 0E8

18 days on market

Up to8K Cashback

423 Woolwich St, Waterloo

Townhouse33+11522 sq ft

Listed by Right At Home Realty

Indoor garage for 89 Woolwich St #10, Waterloo Ontario N2K 1S5

19 days on market

Up to6K Cashback

89 Woolwich St #10, Waterloo

Townhouse33+11777 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 425 Exmoor St, Waterloo Ontario N2K 3X5

28 days on market

$•••,•••

Up to4K Cashback

425 Exmoor St, Waterloo

Detached331100-1500 sq ft

Listed by RE/MAX Real Estate Centre Inc

Home with brick exterior material, street for 398 Dayna Cres, Waterloo Ontario N2K 3K9

29 days on market

$•••,•••

Up to4K Cashback

398 Dayna Cres, Waterloo

Detached2+12700-1100 sq ft

Listed by RE/MAX A-B Realty Ltd

Unknown for 465 Woolwich St #17, Waterloo Ontario N2K 3S4

Re-listed 33 days ago

Up to3K Cashback

465 Woolwich St #17, Waterloo

Condo321400-1599 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Just sold - Lexington

Unknown for 226 Auburn Dr, Waterloo Ontario N2K 3T3

Sold 3 days ago

Sold for $875,000

$76K above asking

226 Auburn Dr, Waterloo

Detached331100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Unknown for 466 B Exmoor St, Waterloo Ontario N2K 3T7

Sold 4 days ago

Sold for $728,500

$29K above asking

466 B Exmoor St, Waterloo

Semi-Detached321100-1500 sq ft

Listed by ROYAL LEPAGE MACRO REALTY

Home with brick exterior material, street for 311 Woolwich St #41, Waterloo Ontario N2K 0H4

Sold 9 days ago

Sold for $750,000

311 Woolwich St #41, Waterloo

Townhouse43+12009 sq ft

Listed by Royal LePage Peaceland Realty

Home with brick exterior material, street for 525 Exmoor St, Waterloo Ontario N2K 3T8

Sold 9 days ago

Sold for $875,000

$85K above asking

525 Exmoor St, Waterloo

Detached33+12165 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Living room with furniture, unknown for 89 Woolwich St #22, Waterloo Ontario N2K 1S5

Sold 10 days ago

Sold for $630,000

$10K below asking

89 Woolwich St #22, Waterloo

Condo341600-1799 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 418 Exmoor St, Waterloo Ontario N2K 3T7

Sold 10 days ago

Sold for $665,000

$65K above asking

418 Exmoor St, Waterloo

Townhouse331100-1500 sq ft

Listed by Red And White Realty Inc

Home with brick exterior material, street for 415 Downsview Pl, Waterloo Ontario N2K 3T9

Sold 17 days ago

Sold for $650,000

$75K above asking

415 Downsview Pl, Waterloo

Townhouse321100-1500 sq ft

Listed by Keller Williams Home Group Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 424 Lexington Rd, Waterloo Ontario N2K 2K3

Sold 21 days ago

Sold for $1,332,500

$17K below asking

424 Lexington Rd, Waterloo

Detached3+131500-2000 sq ft

Listed by REAL BROKER ONTARIO LTD.

Unknown for 333 Pastern Tr, Waterloo Ontario N2K 4E1

Sold 22 days ago

Sold for $1,079,900

$20K below asking

333 Pastern Tr, Waterloo

Detached321500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 225 Carriage Way, Waterloo Ontario N2K 0C6

Sold 23 days ago

Sold for $1,060,000

$40K below asking

225 Carriage Way, Waterloo

Detached332000-2500 sq ft

Listed by CORCORAN HORIZON REALTY

Population and Demographics

Overview

Total population 6519

Average household income $172,037

Age (%)

0 to 19

24%

50 to 64

24%

35 to 49

22%

20 to 34

19%

65 and plus

12%

Household composition (%)

Single family

82%

Single person

15%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

81%

Mandarin

5%

Others

3%

German

2%

Spanish

1%

Korean

1%

Arabic

1%

Polish

1%

Serbian

1%

House tenancy (%)

Owners

87%

Renters

13%

Top 2 Schools in Lexington

St Matthew Catholic Elementary School405 Pastern Trail, N2K 3V6, Waterloo, ON

7.6/10

Public•JK-8

Lexington Public School431 Forestlawn Rd, N2K 2J5, Waterloo, ON

7.1/10

Public•JK-6

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast 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

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance