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Waterloo Region Association of REALTORS®
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Waterloo Region Association of REALTORS®
  • HOME
  • ABOUT
    • BOARD OF DIRECTORS
    • BOARD HISTORY
    • JOBS
    • COMMUNITY INITIATIVES
  • JOIN WRAR
  • EVENTS
    • WRAR EVENTS
  • ANNUAL SPONSORS
    • RBC Mortgage Specialists
  • STATS
    • MARKET UPDATES
    • HOME PRICE INDEX (HPI)
    • CHARTS
  • NEWS
  • CONTACT
    • Staff Directory
Waterloo Region Association of REALTORS®

Category: Market Stats

The average sale price is calculated based on the total dollar volume of all properties sold. Months Supply is the inventory of homes for sale at the end of a given month, divided by the average monthly closed sales from the last 12 months. Those requiring specific information on property values should contact a Waterloo Region REALTOR®. REALTORS® have their fingers on the pulse of the market. They know the questions to ask, the areas to probe, and what to look for so that you get a complete picture of the property and community you’re considering.

WRAR cautions that average sale price information can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. The MLS® Home Price Index (HPI) provides the best way to gauge price trends because averages are strongly distorted by changes in the mix of sales activity from one month to the next.

March 3, 2023March 3, 2023Market Stats

Home Sales Down, Prices Stabilizing in February

Sales volume through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR) set a low for the month of February, with 439 homes sold, representing a decrease of 45.0 per cent compared to February 2022.

February 3, 2023February 3, 2023Market Stats

Number of Home Sales in January Exceptionally Low

The number of homes sold last month through the Multiple Listing Service® (MLS®) System totalled 297 units, a decrease of 41.9 per cent compared to January 2022 and 31.0 per cent below the previous 5-year average for the month.

January 5, 2023January 5, 2023Market Stats

Fewer Homes Sales in December Ends a Year of Weaker Sales Activity in Waterloo Region

In December, the average sale price for all residential properties in Waterloo Region was $720,596. This represents a 15.5 per cent decrease compared to December 2021 and a 2.1 per cent decrease compared to November 2022.

December 2, 2022December 16, 2022Market Stats

Waterloo Region Home Prices Continue to Cool in November

In November, the average sale price for all residential properties in Waterloo Region was $736,024. This represents a 10.4 per cent decrease compared to November 2021 and a 3.6 per cent decrease compared to October 2022.

November 2, 2022November 2, 2022Market Stats

Fewer Home Sales in October

491 residential homes were sold last month through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), a decrease of 39.7 per cent compared to October 2021 and 36.2 per cent below the previous 5-year average for the month.

October 5, 2022October 5, 2022Market Stats

Home Sales Decline in September, Market Moves Towards More Balanced Conditions

518 residential homes were sold last month through the WRAR MLS® System, a decrease of 25.3 per cent compared to September 2021.

September 7, 2022September 7, 2022Market Stats

Rising Borrowing Costs Continue to Tame Home Sales in August

659 residential homes were sold through the WRAR MLS® System in August, a decrease of 8.1 per cent compared to August 2021.

WRAR Stats July
August 5, 2022August 9, 2022Market Stats

Home Sales Slow Down in Waterloo Region as Interest Rates Rise 

550 residential homes were sold through the WRAR MLS® System in July, a decrease of 32.8% compared to July 2021.

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