Waterloo Region
Housing Market ReviewAverage Sold Price*
*All property types: single family, semi-detached, townhouse and condo
Transactions*
*All property types: single family, semi-detached, townhouse and condo
Market Conditions
August 2026
All property types - Yearly trend
Average Sold Price*
*All property types: single family, semi-detached, townhouse and condo
Transactions*
*All property types: single family, semi-detached, townhouse and condo
Full calendar years. The yearly average price is each month's average weighted by its sales.
Waterloo Region - Region Breakdown
August 2026
Area | Avg. Price | Monthly Change | Yearly Change | Transactions |
|---|---|---|---|---|
| Cambridge | $746,672 | n/a | 5.7% | 116 |
| Kitchener | $674,204 | n/a | -0.7% | 207 |
| North Dumfries* | $821,459 | n/a | -6.6% | 10 |
| Waterloo | $711,292 | n/a | -7% | 103 |
| Wilmot* | $877,585 | n/a | -5.1% | 23 |
| Woolwich and Wellesley* | $916,577 | n/a | -9.6% | 21 |
*Townships: Cornerstone publishes their average price over the last 12 months only, so that is the price shown; its yearly change compares two 12-month periods. Transactions are for the month.
Glossary
Waterloo Region
The cities of Kitchener, Waterloo and Cambridge and the townships of Woolwich, Wellesley, Wilmot and North Dumfries, as reported by the Cornerstone Association of REALTORS®.
Average price
Total dollars paid divided by the number of sales, as published by Cornerstone for the region, each home type and each city.
Live figures
Cornerstone's statistics are updated as late sales are recorded, so a month's figures can move slightly after they are first published. This page shows them as they stood when the month was captured, a few days after Cornerstone's release on the 5th.
City prices
Cornerstone publishes a city's average price for the current month only, next to the same month of the two previous years. City price trends therefore start in August 2026 and grow month by month; transactions go back further.
Townships
Woolwich and Wellesley, Wilmot, and North Dumfries sell a few dozen homes a month, so Cornerstone publishes their average price over the last 12 months instead of a monthly one.
Median price
The price in the middle of all sales: half sold for more, half for less. Less sensitive than the average to a few very expensive homes.
Single Family
Detached houses. Semi-detached homes (two homes sharing one wall), townhouses and condos are reported separately.
Months of inventory
How long the homes currently for sale would last at the current pace of sales. Under about 4 months favours sellers, over 6 favours buyers.
Days on market
Average number of days between listing and sale, for the homes sold in the month.
Data obtained from the Cornerstone Association of REALTORS® Waterloo Region housing statistics (ITSO MLS® System) reports.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.