Courtesy of Melanie & Warren McNeil

June Housing Stats Point to More Balanced Market in Waterloo Region

$417,900 apt./ condo DOWN 8.3% year-to-year

$805,600 detached DOWN 5.5% year-to-year

$568,200 row/ townhouse DOWN 9.3% year-to-year

AVERAGE SALE PRICES

676 SOLD LISTINGS

1,514 NEW LISTINGS

44.6% SALES TO NEW LISTING RATIO

27 DAYS ON MARKET

NOT AVAILABLE ACTIVE LISTINGS

NOT AVAILABLE MONTHS OF INVENTORY

Waterloo Region, July 4, 2025: In June, a total of 676 homes were sold in the Waterloo Region via the Multiple Listing Service ® (MLS ® ) System of the Cornerstone Association of REALTORS ® (Cornerstone). “While home sales in June were relatively stable year-over-year, we’re seeing a more balanced market emerge in Waterloo Region. What’s particularly notable is the increase in condominium sales - up over 34% - suggesting a cohort of buyers looking for more affordable housing options,” says Christal Moura, spokesperson for the Waterloo Region market. “While more listings are coming to market, properties are taking a little longer to sell, giving buyers more time to make informed decisions during their home search.

Total residential sales in June included 442 detached homes (up 5.6 per cent from June 2024), and 113 townhouses (down 17.4 per cent). In June, average sale price of a detached home was $896,770. This represents a 0.2 per cent decrease from June 2024 and a decrease of 1.4 per cent compared to May 2025. There were 1,514 new listings added to the MLS ® System in Waterloo Region last month. The average time to sell a home in June was 27 days. Statistics reflect market activity in June 2025 | Source: Cornerstone Association of REALTORS ® | Market values stated are of the average of Waterloo and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

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