Waterloo Real Estate Statistics
Waterloo Real Estate Price Trend
Waterloo real estate average sold price in the last 30 days (October 24 - November 22) was $686,383, which is $101,307 (14.8%) lower than the average price of $787,690 in the previous 30 day period (September 24 - October 23), and $97,867 (14.3%) down from the same period 1 year ago ($784,250). Waterloo real estate prices over the last 30 days are also $60,028 (8.7%) lower than the average selling price of $746,411 over the past year.
Waterloo average sold price for homes was $839,419 in the last 30 days (October 24 - November 22), which is $47,005 (5.6%) down from the average home price of $886,424 in the previous 30 day period (September 24 - October 23), and $98,581 (11.7%) lower than the same period 1 year ago ($938,000). In the last 30 days Waterloo the average home price was $101,007 (12.0%) lower than the average selling price of $940,426 over the last 12 months.
Average Waterloo condo sold price over the last 30 days (October 24 - November 22) was $465,190. During this period it was $56,060 (12.1%) down from the average price of condo of $521,250 during the previous 30 days (September 24 - October 23), and $36,410 (7.8%) lower compared to the same period 1 year ago ($501,600). In the last 30 days Waterloo the average condo price was $8,639 (1.9%) lower than the average selling price of $473,829 over the last year.
Average sold price of Waterloo townhouse was $678,761 in the last 30 days (October 24 - November 22), up $106,854 (15.7%) from the average townhome price of $571,907 over the previous 30 days (September 24 - October 23), and $18,761 (2.8%) higher than during to the same period 1 year ago ($660,000). Over the last 30 days the average townhouse price in Waterloo was $48,913 (7.2%) higher compared to the average selling price of $629,848 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Waterloo real estate was $686,383 in the last 30 days (October 24 - November 22), which is collectively $3,695 (0.5%) lower than the average asking price of $686,633. This represents a decline of $12,076 (144.1%) compared to $8,381 (1.1%) Sold-Over-Asking price from the previous 30 day period (September 24 - October 23).
The maximum Sold Over/Under Asking ratio in Waterloo during the last 12 months was recorded in April, 2024 with an average of $50,557 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 59.1% with 65 properties sold and 97 new properties listed in the past 30 days (October 24 - November 22). This represents a decrease from 73.2% recorded during the previous 30 day period (September 24 - October 23), and a decrease from 59.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Waterloo was 91.9% recorded in December and the lowest was in September at 44.4%. 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 65 properties that were successfully sold in Waterloo in the last 30 days (October 24 - November 22) was 29 days, which is 12 days less than 41 days average in the previous 30 day period (September 24 - October 23) and 1 days shorter than during the same period a year ago (30 days).
There were 98 delisted properties in Waterloo, those that got either Expired, Suspended or Terminated over the last 30 days (October 24 - November 22) with an average of 84 days on the market. This is 27 days longer than the average of 57 days during the previous 30 day period (September 24 - October 23) and 19 days more compared to the same period last year average of 65 days on the market.
98 Waterloo properties that didn't sell stayed on the market 189.7% longer than 65 that sucessfully sold over the last 30 days - 29 days when sold vs 84 days when delisted respectively.
Average Days on the Market in Waterloo over the past 12 months for properties that have sold was 25.8 days, with 65.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
110 new properties were listed on the market in Waterloo in the last 30 days (October 24 - November 22). During the same time 65 properties were sold and 98 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 53 properties (or 48.2%).
During the previous 30 day period (September 24 - October 23) there were 97 new properties listed, 71 sold and 95 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 185 new properties listed, the slowest - December with 37 new listings and a yearly average of 116 new listings per month.
New Real Estate Listings by Property Type
There were a total of 36 homes listed during the last 30 days (October 24 - November 22), which is 32.7% of all properties listed in Waterloo. This is a 14.3% decline compared with a previous 30 day period (September 24 - October 23) and 7.7% down from the same period a year ago. Over the past year an average of 48 homes are were listed per month.
49 condo units were listed in the last 30 days (October 24 - November 22) in Waterloo, which represents 44.5% of all new listings. This is up 11.4% from the prior 30 day period (September 24 - October 23) and 32.4% more compared to the same period last year. There were 52 condos listed per month on average during the last 12 months.
25 townhomes were listed over the last 30 days (October 24 - November 22) in Waterloo, which is 22.7% of all new real estate inventory. This is a 127.3% more than during the previous 30 day period (September 24 - October 23) and 400.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 16 a month.
Real Estate Sales by Property Type
There were a total of 31 homes sold during the last 30 days (October 24 - November 22), which is 47.7% of all properties sold in Waterloo. This is a 38.0% decline compared with a previous 30 day period (September 24 - October 23) and 3.3% up from the same period a year ago. Over the past year an average of 38 homes are were sold per month.
21 condo units were sold in the last 30 days (October 24 - November 22) in Waterloo, which represents 32.3% of all sold properties. This is up 162.5% from the prior 30 day period (September 24 - October 23) and 40.0% more compared to the same period last year. There were 21 condos sold per month on average during the last 12 months.
13 townhomes were sold over the last 30 days (October 24 - November 22) in Waterloo, which is 20.0% of all sold real estate. This is a 0.0% less than during the previous 30 day period (September 24 - October 23) and 333.3% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 12 a month.