📊 Waterloo Region Real Estate Update – January 2026
January kicked off 2026 with a more balanced feel across the Waterloo Region real estate market. Inventory is building, buyers have more choice, and pricing has softened slightly compared to last year. Here’s a quick look at what stood out:
- 🏠 260 homes sold
- 📋 745 new listings hit the market
- 💰 Average price: $730,903 (down 3.2% year over year)
- ⏱️ Average days on market: 45
Single-family homes saw 161 sales in January, with an average price of $854,266, down 3.2% year over year. Months of supply rose to 1.8 months, up 20% compared to last year. While inventory is increasing, we are still not in oversupply territory.
For condos, townhomes, and semis combined, 99 properties sold at an average price of $530,282, down 9.6% year over year. Months of supply in this segment is now 3.6 months, up 9.1%, giving buyers more breathing room than we’ve seen in recent years.
Overall, we are seeing a market that is stabilizing. Buyers are taking more time, and sellers need to be strategic with pricing and presentation. This shift is creating a healthier environment heading into the spring market.
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, REALTORS®
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118