City of Waterloo

Rural EastHousing market

Rural East

Rural East Housing Market Report

Seller's Market

All types - for the month of April

Buyer's market Seller's market

3

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.

49

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*

8 active

New

5(-70.59% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 12, in 2023: 0, in 2022: 1

Total Sold Listings*

3 sold

Median Sold Price

$1,720,000

Avg Days on Market

49 days

Median Bidding

-$45,000

Compared to number of sold, same period, in 2024: 4, in 2023: 4, in 2022: 7

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Rural East - All types

Sold Price Distribution - Rural East - All types

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

Property Type Distribution - Rural East - All types

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

Median Price - Rural East - All types

Just listed - Rural East

Home with brick exterior material, street for 311 Deerfoot Trail, Waterloo Ontario N2K 0B3

Re-listed 3 days ago

$•••,•••

Up to17K Cashback

311 Deerfoot Trail, Waterloo

Detached4+14+14638.73 sq ft

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

Home with brick exterior material, street for 320 Deerfoot Tr, Waterloo Ontario N2K 0B4

9 days on market

Up to9K Cashback

320 Deerfoot Tr, Waterloo

Detached4+142500-3000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 138 Oak Park Dr, Waterloo Ontario N2K 0B3

13 days on market

Up to5K Cashback

138 Oak Park Dr, Waterloo

Townhouse332000-2500 sq ft

Listed by Sutton Group - First Choice Realty Ltd.

Home with brick exterior material, street for 271 Grey Silo Rd #21, Waterloo Ontario N2K 0E9

15 days on market

$•••,•••

Up to5K Cashback

271 Grey Silo Rd #21, Waterloo

Condo332250-2499 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Home with brick exterior material, street for 140 OAK PARK Dr, Waterloo Ontario N2K 0B3

Re-listed 23 days ago

$•••,•••

Up to5K Cashback

140 OAK PARK Dr, Waterloo

Townhouse341500-2000 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Unknown for 247 Grey Silo Rd #205, Waterloo Ontario N2K 0G7

23 days on market

$•••,•••

Up to7K Cashback

247 Grey Silo Rd #205, Waterloo

Condo221325 sq ft

Listed by Royal LePage Wolle Realty

Home with brick exterior material, unknown for 271 Grey Silo Rd #65, Waterloo Ontario N2K 0E9

26 days on market

Up to7K Cashback

271 Grey Silo Rd #65, Waterloo

Townhouse44+11836 sq ft

Listed by COLDWELL BANKER PETER BENNINGER REALTY

Unknown for 245 Grey Silo Rd #101, Waterloo Ontario N2K 0G6

39 days on market

Up to7K Cashback

245 Grey Silo Rd #101, Waterloo

Condo221291 sq ft

Listed by RED AND WHITE REALTY INC.

Home with brick exterior material, street for 155 Oak Park Dr, Waterloo Ontario N2K 0B3

43 days on market

$•••,•••

Up to12K Cashback

155 Oak Park Dr, Waterloo

Townhouse3+14+13357 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Patio, building for 245 Grey Silo Rd #407, Waterloo Ontario N2J 4G8

55 days on market

Up to7K Cashback

245 Grey Silo Rd #407, Waterloo

Condo221090 sq ft

Listed by Royal LePage Peaceland Realty

Just sold - Rural East

Patio, street for 249 Grey Silo Rd #303, Waterloo Ontario N2K 0G8

Sold 17 days ago

Sold for $599,000

249 Grey Silo Rd #303, Waterloo

Condo221000-1199 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material for 271 Grey Silo Rd #1, Waterloo Ontario N2K 0E9

Sold 24 days ago

Sold for $1,060,000

$40K below asking

271 Grey Silo Rd #1, Waterloo

Condo242500-2749 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 256 Chestnut Rdge, Waterloo Ontario N2K 0E6

Sold 39 days ago

Sold for $1,850,000

$45K below asking

256 Chestnut Rdge, Waterloo

Detached453500-5000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material for 300 Deerfoot Tr, Waterloo Ontario N2K 0B3

Sold 48 days ago

Sold for $1,525,000

$74K below asking

300 Deerfoot Tr, Waterloo

Detached4+153000-3500 sq ft

Listed by CITYSCAPE REAL ESTATE LTD.

Home with brick exterior material, unknown for 584 Manor Ridge Cres, Waterloo Ontario N2K 0B4

Sold 51 days ago

Sold for $1,720,000

$30K below asking

584 Manor Ridge Cres, Waterloo

Detached4+153000-3500 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, building for 249 Grey Silo Rd #307, Waterloo Ontario N2K 0G8

Sold 54 days ago

Sold for $680,000

$19K below asking

249 Grey Silo Rd #307, Waterloo

Condo221000-1199 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Patio, street for 249 Grey Silo Rd #201, Waterloo Ontario N2K 0G8

Sold 58 days ago

Sold for $745,000

249 Grey Silo Rd #201, Waterloo

Condo221200-1399 sq ft

Listed by RIGHT AT HOME REALTY, BROKERAGE

Unknown for 249 Grey Silo Rd #206, Waterloo Ontario N2K 0G8

Sold 73 days ago

Sold for $700,000

$25K below asking

249 Grey Silo Rd #206, Waterloo

Condo221000-1199 sq ft

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

Patio, unknown for 249 Grey Silo Rd #108, Waterloo Ontario N2K 0G8

Sold 78 days ago

Sold for $495,000

249 Grey Silo Rd #108, Waterloo

Condo11904 sq ft

Listed by PEAK REALTY LTD.

Home with brick exterior material, street for 243 Grey Silo Rd #62, Waterloo Ontario N2J 4G8

Sold 88 days ago

Sold for $993,000

$5K below asking

243 Grey Silo Rd #62, Waterloo

Townhouse323174.09 sq ft

Listed by M1 Real Estate Brokerage Ltd

Population and Demographics

Overview

Total population 1206

Average household income $269,752

Age (%)

0 to 19

25%

50 to 64

22%

35 to 49

21%

20 to 34

18%

65 and plus

14%

Household composition (%)

Single family

80%

Single person

18%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

74%

Mandarin

9%

Punjabi (Panjabi)

3%

Spanish

2%

Korean

2%

Arabic

2%

Urdu

2%

Iranian Persian

2%

German

1%

Others

1%

House tenancy (%)

Owners

93%

Renters

7%

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

1/5

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

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance