Waterloo

Housing Market Review
Live reportAugust 2026

In August 2026 the average home in Waterloo sold for $711,292, 1.6% below the Waterloo Region average of $723,196.

Average Price
$711,292
MoMn/a
YoY-7%
Transactions
103
MoM-23.1%
YoY-9.6%

Average 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

Average, Single Family$909,926
YoY-7.1%
Average, Semi-Detached$630,900
YoY-0.4%
Average, Townhouse$531,583
YoY-15.1%
Average, Condo$438,629
YoY-6.7%

More of the Waterloo Region

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.