Waterloo Region Housing Market
Monthly report on home prices and salesBy the HousingPortal.ca team · Data: Cornerstone, October 2026 · Updated
In October 2026, the average home in Waterloo Region sold for $725,287, down 0.4% from October 2025 and up 3% from September 2026. 507 homes sold, down 11.4% from October 2025. Sales came to 49% of new listings, which points to a balanced market (between 40% and 60%). Homes took 31 days on average to sell.
Average Sold Price*
*All property types: single family, semi-detached, townhouse and condo
Transactions*
*All property types: single family, semi-detached, townhouse and condo
See the figures in a table
| Month | Average Price | vs. previous month | Sales | vs. previous month |
|---|---|---|---|---|
| October 2026 | $725,287 | +3% | 507 | +21.9% |
| September 2026 | $704,184 | -2.6% | 416 | -13.3% |
| August 2026 | $723,217 | +1.4% | 480 | -19.1% |
| July 2026 | $713,065 | -2.2% | 593 | -10.6% |
| June 2026 | $729,073 | -1.9% | 663 | +4.4% |
| May 2026 | $743,288 | -1.9% | 635 | +11.2% |
| April 2026 | $757,502 | +3.4% | 571 | +15.6% |
| March 2026 | $732,777 | +0.8% | 494 | +41.1% |
| February 2026 | $727,296 | -1.1% | 350 | +29.6% |
| January 2026 | $735,032 | +2.4% | 270 | -12.6% |
| December 2025 | $718,001 | +0.9% | 309 | -33.1% |
| November 2025 | $711,292 | -2.3% | 462 | -19.2% |
Market Conditions
October 2026
Transactions by Home Type
October 2026
- Single Family68% (344)
- Semi-Detached9% (43)
- Townhouse15% (77)
- Condo8% (41)
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.
See the figures in a table
| Year | Average Price | vs. previous year | Sales | vs. previous year |
|---|---|---|---|---|
| 2025 | $754,021 | -3.8% | 6,178 | -8.8% |
| 2024 | $783,467 | -0.3% | 6,773 | +2.3% |
| 2023 | $785,946 | -7.6% | 6,619 | -14.5% |
| 2022 | $850,913 | +10.2% | 7,745 | -24.8% |
| 2021 | $771,929 | n/a | 10,295 | n/a |
Home Types Compared
October 2026
| Home Type | Price | Price MoM | Price YoY | Sales | Sales MoM | Sales YoY | Share of Sales |
|---|---|---|---|---|---|---|---|
| Single Family | $828,468 | 1.9% | -0.9% | 344 | 26.9% | -6.8% | 68% |
| Semi-Detached | $568,696 | -9.1% | -0.8% | 43 | 30.3% | -12.2% | 9% |
| Townhouse | $543,736 | 3.6% | -8.5% | 77 | 16.7% | -15.4% | 15% |
| Condo | $392,861 | -0.4% | -9.4% | 41 | -4.7% | -30.5% | 8% |
Single Family: $828,468 average, down 0.9% from October 2025; 344 sold (68% of sales), down 6.8% from October 2025. Semi-Detached: $568,696 average, down 0.8% from October 2025; 43 sold (9% of sales), down 12.2% from October 2025. Townhouse: $543,736 average, down 8.5% from October 2025; 77 sold (15% of sales), down 15.4% from October 2025. Condo: $392,861 average, down 9.4% from October 2025; 41 sold (8% of sales), down 30.5% from October 2025.
Waterloo Region - Region Breakdown
October 2026
Kitchener had the lowest average property price in the market, with an average price of $680,464. On the other hand, Waterloo was the area with the highest average property price, reaching $736,749. Additionally, Kitchener saw the largest month-over-month rise in average price with a 5.3% increase, while Waterloo had the lowest with a 5% decrease.
Area | Avg. Price | Monthly Change | Yearly Change | Transactions |
|---|---|---|---|---|
| Cambridge | $697,715 | 0% | -3.4% | 116 |
| Kitchener | $680,464 | 5.3% | 0.4% | 213 |
| North Dumfries* | $827,978 | n/a | -2.9% | 6 |
| Waterloo | $736,749 | -5% | -4.3% | 116 |
| Wilmot* | $888,922 | n/a | -0.7% | 24 |
| Woolwich and Wellesley* | $902,177 | n/a | -10.3% | 32 |
*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.
Waterloo Region Housing Market: Quick Answers
What is the average home price in Waterloo Region?
In October 2026, the average home in Waterloo Region sold for $725,287. The median price was $670,000: half of the homes sold for more, half for less.
Are home prices going up or down in Waterloo Region?
Roughly flat. The average price in October 2026 was 0.4% lower than in October 2025. Against the previous month, it rose 3%.
Is Waterloo Region a buyer's or seller's market?
It is balanced. Sales came to 49% of new listings, which points to a balanced market (between 40% and 60%). There were 3.6 months of inventory: how long the homes for sale would last at the current pace of sales.
How long does it take to sell a home in Waterloo Region?
Homes took 31 days on average to sell.
How many homes sold in Waterloo Region in October 2026?
507 homes sold in Waterloo Region in October 2026, down 11.4% from October 2025 and up 21.9% from September 2026.
How much do different types of homes cost in Waterloo Region?
Single Family: $828,468 average, down 0.9% from a year earlier. Semi-Detached: $568,696 average, down 0.8% from a year earlier. Townhouse: $543,736 average, down 8.5% from a year earlier. Condo: $392,861 average, down 9.4% from a year earlier.
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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.
The statistics on this page belong to the Cornerstone Association of REALTORS®. You may quote them with credit and a link: see using our data.
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.