Last month’s home sales in Kitchener-Waterloo decreased by 9.5% compared to December 2024.
“In Waterloo Region, we observed an increase in new listings coming onto the market in 2025, accompanied by softening sales and longer selling times. This trend occurred during a year when affordability remained a challenge for many aspiring homebuyers, as global and economic uncertainty contributed to a weaker housing market. With the downward pressure on housing prices, and more options for buyers, it proved to be a good year for those first-time buyers who were able to get into the market.”
C Moura, Cornerstone spokesperson for the Waterloo Region market area
The average sale price of all residential properties sold in December was $716,911, a 5.9% decrease from December 2024.
Average Home Price:
- $839,394 Detached Home
- $568,249 Townhome
- $366,784 Apartment-Style Condominium
- $601,535 Semi
It took an average of 45 days to sell a home, compared to 36 days in December 2024.
To learn more about the market and what this means for you, connect with Suzanne.
Source: kwar.ca/category/market-updates
