Waterloo Real Estate Statistics

Waterloo Real Estate Price Trend
Waterloo real estate average sold price in the last 30 days (March 25 - April 23) was $819,464, which is $45,723 (5.6%) higher than the average price of $773,741 in the previous 30 day period (February 24 - March 24), and $61,814 (7.5%) up from the same period 1 year ago ($757,650). Waterloo real estate prices over the last 30 days are also $82,744 (10.1%) higher than the average selling price of $736,720 over the past year.
Waterloo average sold price for homes was $1,114,203 in the last 30 days (March 25 - April 23), which is $137,163 (12.3%) up from the average home price of $977,040 in the previous 30 day period (February 24 - March 24), and $57,158 (5.1%) higher than the same period 1 year ago ($1,057,045). In the last 30 days Waterloo the average home price was $194,541 (17.5%) higher than the average selling price of $919,662 over the last 12 months.
Average Waterloo condo sold price over the last 30 days (March 25 - April 23) was $496,719. During this period it was $19,474 (3.9%) up from the average price of condo of $477,245 during the previous 30 days (February 24 - March 24), and $23,856 (4.8%) higher compared to the same period 1 year ago ($472,863). In the last 30 days Waterloo the average condo price was $3,102 (0.6%) lower than the average selling price of $499,821 over the last year.
Average sold price of Waterloo townhouse was $661,617 in the last 30 days (March 25 - April 23), up $32,617 (4.9%) from the average townhome price of $629,000 over the previous 30 days (February 24 - March 24), and $18,992 (2.9%) higher than during to the same period 1 year ago ($642,625). Over the last 30 days the average townhouse price in Waterloo was $33,402 (5.0%) higher compared to the average selling price of $628,216 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Waterloo real estate was $819,464 in the last 30 days (March 25 - April 23), which is collectively $52,197 (6.4%) higher than the average asking price of $809,712. This represents an increase of $36,868 (240.5%) compared to $15,329 (2.2%) Sold-Over-Asking price from the previous 30 day period (February 24 - March 24).
The maximum Sold Over/Under Asking ratio in Waterloo during the last 12 months was recorded in May, 2023 with an average of $59,166 over the asking price, while the minimum occurring in December, 2023 with $22,029 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Waterloo was 84.8% with 112 properties sold and 111 new properties listed in the past 30 days (March 25 - April 23). This represents an increase from 61.3% recorded during the previous 30 day period (February 24 - March 24), and an increase from 70.1% compared to the same period one year ago.
Over the the last year the highest SNLR in Waterloo was 100.8% recorded in June and the lowest was in September at 47.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 112 properties that were successfully sold in Waterloo in the last 30 days (March 25 - April 23) was 16 days, which is 8 days less than 24 days average in the previous 30 day period (February 24 - March 24) and 1 days longer than during the same period a year ago (15 days).
There were 73 delisted properties in Waterloo, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 35 days on the market. This is 36 days shorter than the average of 71 days during the previous 30 day period (February 24 - March 24) and 25 days less compared to the same period last year average of 60 days on the market.
73 Waterloo properties that didn't sell stayed on the market 118.8% longer than 112 that sucessfully sold over the last 30 days - 16 days when sold vs 35 days when delisted respectively.
Average Days on the Market in Waterloo over the past 12 months for properties that have sold was 22.7 days, with 57.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
132 new properties were listed on the market in Waterloo in the last 30 days (March 25 - April 23). During the same time 112 properties were sold and 73 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 53 properties (or 40.2%).
During the previous 30 day period (February 24 - March 24) there were 111 new properties listed, 68 sold and 50 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 134 new properties listed, the slowest - December with 37 new listings and a yearly average of 99 new listings per month.
New Real Estate Listings by Property Type
There were a total of 55 homes listed during the last 30 days (March 25 - April 23), which is 41.7% of all properties listed in Waterloo. This is a 14.6% increase compared with a previous 30 day period (February 24 - March 24) and 77.4% up from the same period a year ago. Over the past year an average of 43 homes are were listed per month.
55 condo units were listed in the last 30 days (March 25 - April 23) in Waterloo, which represents 41.7% of all new listings. This is down 0.0% from the prior 30 day period (February 24 - March 24) and 57.1% more compared to the same period last year. There were 43 condos listed per month on average during the last 12 months.
22 townhomes were listed over the last 30 days (March 25 - April 23) in Waterloo, which is 16.7% of all new real estate inventory. This is a 175.0% more than during the previous 30 day period (February 24 - March 24) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.
Real Estate Sales by Property Type
There were a total of 54 homes sold during the last 30 days (March 25 - April 23), which is 48.2% of all properties sold in Waterloo. This is a 45.9% increase compared with a previous 30 day period (February 24 - March 24) and 125.0% up from the same period a year ago. Over the past year an average of 37 homes are were sold per month.
41 condo units were sold in the last 30 days (March 25 - April 23) in Waterloo, which represents 36.6% of all sold properties. This is up 105.0% from the prior 30 day period (February 24 - March 24) and 86.4% more compared to the same period last year. There were 21 condos sold per month on average during the last 12 months.
17 townhomes were sold over the last 30 days (March 25 - April 23) in Waterloo, which is 15.2% of all sold real estate. This is a 54.5% more than during the previous 30 day period (February 24 - March 24) and 112.5% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 14 a month.
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