Real Estate Market Trends and Average Listings Price in Waterloo in February

Waterloo Real Estate Trends
Nestled in the heart of a bustling tech hub and characterized by a rich tapestry of culture, Waterloo’s real estate market encapsulates the essence of a city in constant flux. This comprehensive analysis unveils the intricacies of the real estate landscape, offering insights into the dynamic market trends spanning homes, townhomes, and condos.
Waterloo MLS® recent stats indicate an average house price of $861k and 189 new listings in the last 28 days. Waterloo housing current data shows median days on the market for a home is 15 days.

1. Listings on the Market:
Currently, Waterloo real estate market boasts 135 active home listings, each narrating a unique story of lifestyle and living. The townhome market, with 42 distinct listings, reflects an evolving preference for contemporary and communal living. Condos, a hallmark of modern urban dwellings, showcase 162 listings, epitomizing the diverse choices available in this vibrant city.

2. Average Listing Price in November
The equilibrium in Waterloo’s housing market is mirrored in the consistent average listing price of $1.1 million for homes, symbolizing stability and reliability. Townhomes, characterized by an average listing price of $647.6K, beckon those who seek affordability without compromising style. If we talk about Condos then with an average listing price increase of 1.6%, it stands at $533.6K, attesting to the sustained allure of this housing segment.

3. Change in Average Listing Price:
In a market pulsating with energy, homes in Waterloo have experienced a nuanced 0% change in average listing prices, reflecting a delicate balance.

Townhomes, witnessing a 4.71% increase in average listing prices, are emblematic of a burgeoning demand for this housing style.

Condos exhibit a moderate 1.6% increase in average listing prices, portraying a dynamic yet stable market.

4. Average SOLD Price in November
The narrative of reliability persists in the average SOLD price for homes, standing at $1.1 million in November. Townhomes, commanding an impressive average SOLD price of $673.9K with a significant 5.86% increase, showcase sustained market desirability. Condos, witnessing a 4.73% increase in average SOLD prices, signal an enduring interest and competitive edge in the market.

5. Change in Average SOLD Price:
A noteworthy 5.37% increase in the average SOLD price for homes in Waterloo echoes the positive trajectory for both sellers and buyers. Townhomes, with a robust 5.86% increase in average SOLD prices, underscore the resilience and desirability of this housing segment. Condos, with a commendable 4.73% increase in average SOLD prices, signify sustained market interest and competitiveness.

Inventory & SOLD Statistics:
Waterloo’s housing market, marked by 416 new listings and 87 homes sold in the last 60 days, signifies a dynamic and vibrant real estate environment.

Townhomes, featuring 120 new listings and 29 homes sold, showcase efficiency with a notable selling-to-listing price ratio of 101.6%.

The condo market demonstrates competitiveness with 222 new listings, 53 homes sold, and a selling-to-listing price ratio of 99.88%, highlighting the intricate dance between supply and demand in this urban haven.

Waterloo Homes For Sale