Last month’s home sales in Kitchener-Waterloo decreased by 26.1% compared to February 2024.
“While February’s home sales were affected by concerns over tariffs and their potential impact on employment, the market showed some encouraging signs. We saw a steady increase in new listings while prices remained stable.”
C Moura, Cornerstone spokesperson for the Waterloo Region market area
The average sale price of all residential properties sold in February was $767,800, an increase of 1.3% from February 2024.
Average Home Price:
- $900,003 Detached Home
- $613,924 Townhome
- $437,000 Apartment-Style Condominium
- $670,352 Semi
In February, it took an average of 24 days to sell a home, similar to 24 days in February 2024.
“As we navigate these shifting dynamics in the Waterloo Region housing market, it’s important to remember that while sales may be down, the increase in inventory reflects growing opportunities for buyers.”
To learn more about the market and what this means for you, connect with Suzanne.
Source: kwar.ca/category/market-updates
