Waterloo Region Real Estate Market Update -- April 2026

The Waterloo Region housing market continued to build spring momentum in April 2026, with both home sales and new listings rising month over month. A total of 563 homes sold through MLS, up 14 percent from March, while 1,390 new residential properties came to market, an increase of nearly 28 percent. The average sale price for all residential real estate came in at $754,433, down 3.8 percent year over year, while the average days on market improved to 25 days, five days faster than March.

Months of inventory across all property types held steady at 3.6 months, unchanged from April 2025, reflecting a balanced market across Waterloo Region including Kitchener, Waterloo, and Cambridge.

Single detached homes remained the most active segment with 361 sales at an average price of $867,132, down 5.7 percent year over year, with inventory at 2.7 months. Semi-detached homes were the tightest segment in the market with just 1.4 months of inventory and 41 sales at an average price of $612,954. Townhomes saw 106 sales at an average price of $591,496 with 4.4 months of inventory. The condominium segment recorded 53 sales at an average price of $426,833 with inventory at 8.6 months, making it the most buyer-favourable segment in the region.

Well-priced and well-presented homes across all property types continued to sell in April. Sellers who approach the market with the right pricing strategy and presentation are still achieving strong results.

For a personalized breakdown of what these numbers mean for your specific situation in Kitchener, Waterloo, Cambridge, or your neighbourhood, contact Melanie and Warren McNeil, REALTORS at Peak Realty Ltd., Brokerage. Visit teammcneil.com or call 519-590-3767.

Data sourced from the Cornerstone Association of REALTORS and ITSO. Current as of May 5, 2026.

Waterloo Region
Melanie & Warren McNeil, REALTORS®
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118