Waterloo Real Estate Statistics
Waterloo Real Estate Price Trend
Waterloo real estate average sold price in the last 30 days (January 21 - February 19) was $699,009, which is $75,371 (10.8%) higher than the average price of $623,638 in the previous 30 day period (December 22 - January 20), and $33,302 (4.8%) up from the same period 1 year ago ($665,707). Waterloo real estate prices over the last 30 days are also $16,600 (2.4%) lower than the average selling price of $715,609 over the past year.
Waterloo average sold price for homes was $839,965 in the last 30 days (January 21 - February 19), which is $4,025 (0.5%) down from the average home price of $843,990 in the previous 30 day period (December 22 - January 20), and $40,726 (4.8%) higher than the same period 1 year ago ($799,239). In the last 30 days Waterloo the average home price was $67,055 (8.0%) lower than the average selling price of $907,020 over the last 12 months.
Average Waterloo condo sold price over the last 30 days (January 21 - February 19) was $467,718. During this period it was $40,180 (8.6%) up from the average price of condo of $427,538 during the previous 30 days (December 22 - January 20), and $10,853 (2.3%) lower compared to the same period 1 year ago ($478,571). In the last 30 days Waterloo the average condo price was $10,063 (2.2%) higher than the average selling price of $457,655 over the last year.
Average sold price of Waterloo townhouse was $643,714 in the last 30 days (January 21 - February 19), up $2,159 (0.3%) from the average townhome price of $641,555 over the previous 30 days (December 22 - January 20), and $88,639 (13.8%) higher than during to the same period 1 year ago ($555,075). Over the last 30 days the average townhouse price in Waterloo was $36,911 (5.7%) higher compared to the average selling price of $606,803 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Waterloo real estate was $699,009 in the last 30 days (January 21 - February 19), which is collectively $15,764 (2.1%) higher than the average asking price of $755,043. This represents an increase of $30,714 (205.4%) compared to $14,950 (2.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
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 October, 2024 with $7,301 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 41.9% with 52 properties sold and 89 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 34.8% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 94.6% compared to the same period one year ago.
Over the the last year the highest SNLR in Waterloo was 391.3% recorded in December and the lowest was in January at 31.0%. 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 52 properties that were successfully sold in Waterloo in the last 30 days (January 21 - February 19) was 29 days, which is 16 days less than 45 days average in the previous 30 day period (December 22 - January 20) and 4 days longer than during the same period a year ago (25 days).
There were 57 delisted properties in Waterloo, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 64 days on the market. This is 34 days shorter than the average of 98 days during the previous 30 day period (December 22 - January 20) and 12 days less compared to the same period last year average of 76 days on the market.
57 Waterloo properties that didn't sell stayed on the market 120.7% longer than 52 that sucessfully sold over the last 30 days - 29 days when sold vs 64 days when delisted respectively.
Average Days on the Market in Waterloo over the past 12 months for properties that have sold was 26.7 days, with 67.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
124 new properties were listed on the market in Waterloo in the last 30 days (January 21 - February 19). During the same time 52 properties were sold and 57 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 15 properties (or 12.1%).
During the previous 30 day period (December 22 - January 20) there were 89 new properties listed, 31 sold and 85 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 46 new listings and a yearly average of 131 new listings per month.
New Real Estate Listings by Property Type
There were a total of 52 homes listed during the last 30 days (January 21 - February 19), which is 41.9% of all properties listed in Waterloo. This is a 79.3% increase compared with a previous 30 day period (December 22 - January 20) and 73.3% up from the same period a year ago. Over the past year an average of 53 homes are were listed per month.
55 condo units were listed in the last 30 days (January 21 - February 19) in Waterloo, which represents 44.4% of all new listings. This is up 17.0% from the prior 30 day period (December 22 - January 20) and 10.0% more compared to the same period last year. There were 57 condos listed per month on average during the last 12 months.
17 townhomes were listed over the last 30 days (January 21 - February 19) in Waterloo, which is 13.7% of all new real estate inventory. This is a 30.8% more than during the previous 30 day period (December 22 - January 20) and 41.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 21 a month.
Real Estate Sales by Property Type
There were a total of 29 homes sold during the last 30 days (January 21 - February 19), which is 55.8% of all properties sold in Waterloo. This is a 163.6% increase compared with a previous 30 day period (December 22 - January 20) and 37.0% down from the same period a year ago. Over the past year an average of 46 homes are were sold per month.
16 condo units were sold in the last 30 days (January 21 - February 19) in Waterloo, which represents 30.8% of all sold properties. This is up 23.1% from the prior 30 day period (December 22 - January 20) and 23.8% less compared to the same period last year. There were 25 condos sold per month on average during the last 12 months.
7 townhomes were sold over the last 30 days (January 21 - February 19) in Waterloo, which is 13.5% of all sold real estate. This is a 0.0% less than during the previous 30 day period (December 22 - January 20) and 65.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 14 a month.