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๐Ÿ“ŠWaterloo Region Market Statistics for April 2026

๐Ÿ“Š Waterloo Region Real Estate Update โ€“ April 2026

As of May 5, 2026: April continued to build on the spring momentum we saw in March, with sales and new listings both on the rise across Waterloo Region. Prices are still adjusting year over year but the pace is stabilizing, and well-priced homes are still getting good results. Here is a quick look at what stood out this month:

  • ๐Ÿ  563 homes sold
  • ๐Ÿ“‹ 1,390 new listings came to market
  • ๐Ÿ’ฐ Average price for all residential real estate: $754,433 (down 3.8% year over year)
  • โฑ๏ธ Average days on market: 25

Single-family homes saw 361 sales in April, with an average price of $867,132, down 5.7% compared to last year. Months of inventory sits at 2.7 months, reflecting relatively tight conditions in the detached segment. Keep in mind that is the average -- there are plenty of homes selling above and below that number depending on location and condition.

Looking at other property types, 41 semi-detached homes sold with an average price of $612,954 and just 1.4 months of inventory, making it the tightest segment in the market right now. Condominiums recorded 53 sales with an average price of $426,833 and 8.6 months of inventory -- buyers in this segment have more options and more negotiating room than anywhere else in the market. Meanwhile 106 townhomes sold at an average price of $591,496 with 4.4 months of inventory, continuing to offer solid value for buyers looking for more space.

Overall the Waterloo Region market is moving but it rewards the right strategy -- the right price, the right presentation, and a little patience. Homes that are well priced and well presented are still selling across all segments.

If you would like a deeper breakdown by Kitchener, Waterloo, Cambridge, or by your specific property type, Melanie and I are always happy to walk through the numbers with you and help you understand what they mean for your next move.

https://cornerstone.inc/waterloo-region-housing-stats/

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

Melanie & Warren McNeil  ยท  Peak Realty Ltd.
Waterloo Region Real Estate: April 2026 Market Update
Average residential sale prices continue to adjust across all major housing categories, while sales volume and new listings show continued spring momentum month-over-month.
Core Market Indicators
Avg. Residential Sale Price
$754,433
โ–ผ 3.8% year over year
All residential property types
Avg. Days on Market
25
โ–ฒ 4.2% year over year
5 days faster than March
New Residential Listings
1,390
โ–ผ 0.9% year over year
โ–ฒ 27.8% vs March  ยท  spring pickup
MLS Sales
563
โ–ผ 7.6% year over year
โ–ฒ 14.0% vs March  ยท  steady buyer activity
Months of Inventory  ยท  All Types
3.6
0.0% year over year
Balanced market
Market Context
Sales and listings both rising month-over-month as spring gains traction. Prices still adjusting year-over-year across all property types. The condo segment carries the most inventory. Semi-detached remains the tightest segment at 1.4 months.
Property Type Performance
Single-Detached
361
units sold
$867,132
โ–ผ 5.7% YOY
2.7 months supply  ยท  โ–ผ 3.6%
Semi-Detached
41
units sold
$612,954
โ–ผ 7.4% YOY
1.4 months supply  ยท  โ–ผ 12.5%
Townhome
106
units sold
$591,496
โ–ผ 4.8% YOY
4.4 months supply  ยท  โ–ผ 4.3%
Condo
53
units sold
$426,833
โ–ผ 9.8% YOY
8.6 months supply  ยท  โ–ฒ 14.7%
Unit Volume and Price Shifts
Property Type Units Sold Avg. Sale Price Price Change Months Supply
Single-Detached 361 $867,132 -5.7% 2.7
Semi-Detached 41 $612,954 -7.4% 1.4
Townhome 106 $591,496 -4.8% 4.4
Condo 53 $426,833 -9.8% 8.6
Melanie & Warren McNeil, REALTORSยฎ  ยท  Peak Realty Ltd., Brokerage  ยท  519-590-3767  ยท  teammcneil.com
Source: Cornerstone Association of REALTORSยฎ  ยท  as of May 5, 2026