August 2026
The newest verified Waterloo Region report on the site.
WATERLOO REGION · UPDATED MONTHLYThe numbers.
The numbers.
The honest read.
August 2026 in Waterloo Region: 481 home sales were recorded, down 10.9% year over year. The average sale price was $722,683. These are regional statistics, not a value for any one home.
Cornerstone and ITSO MLS® System data, current as of September 3, 2026
Primary data
Cornerstone and ITSO named beside the numbers, with dates and caveats visible.
January to August
Eight straight months in one archive, with the newest verified report first.
AUGUST 2026 · QUICK GLANCE
Start with the whole Region.
These cards show what Cornerstone reported for Waterloo Region. Up and down describe direction only. They do not automatically mean good or bad for your move.
Down 10.9% year over year
Accepted offers recorded during the month.
Down 14.8% year over year
Homes newly listed during the month.
Down 1.0% year over year
The average across closed sales, without accounting for seller concessions.
No year-over-year change was supplied in this source.
The middle recorded sale price for the period.
Down 10.3% year over year
Properties in active status at the end of the month.
Down 2.8% year over year
Month-end inventory divided by average monthly closed sales from the previous 12 months.
Up 12.5% year over year
Average time from listing until an offer is accepted.
HERE'S THE THING
A headline is not your house.
The useful question is not only whether the Region moved up or down. It is where your property sits inside the city, home type, condition, price band and buyer demand behind that average.
How much moved.
481 sales, down 10.9% year over year. 885 new listings, down 14.8% year over year. This tells us the pace of the regional market. It does not tell us how one street or one house performed.
Useful, with a warning label.
The average was $722,683 and the median was $680,000. Both can move when the mix of homes sold changes. Neither one is a shortcut to the value of your home.
One regional total hides different markets.
The report recorded 1,712 active listings, 3.5 months of supply, 36 days on market. Property type, city, condition and price band can still tell very different stories inside that regional total.
One headline is not one market.
Semi-Detached had 1.9 months of supply. Condo had 7.3. That spread is why the property-type table matters.
CITY BY CITY
One Region. Three reads.
Kitchener, Waterloo and Cambridge did not move in lockstep. Use the city rows as context, then go smaller for a real decision.
| Area or type | Home sales | Average sale price |
|---|---|---|
| Kitchener | 208Down 13.0% year over year | $672,465Down 1.0% year over year |
| Waterloo | 104Down 8.8% year over year | $712,279Down 6.8% year over year |
| Cambridge | 116Down 11.5% year over year | $746,672Up 5.7% year over year |
PROPERTY TYPE
Different homes. Different pressure.
Compare the rows that Cornerstone published for this month. Definitions can change between source reports, so each monthly page keeps its original categories.
| Area or type | Home sales | Average sale price | Median sale price | Months of supply |
|---|---|---|---|---|
| Single Family | 325Up 0.3% year over year | $829,113Down 2.2% year over year | $760,000Change not supplied | 2.8Down 3.4% year over year |
| Townhouse | 76Down 26.2% year over year | $543,171Down 8.9% year over year | $550,000Change not supplied | 4.1Down 4.7% year over year |
| Condo | 49Down 22.2% year over year | $393,083Down 9.3% year over year | $385,000Change not supplied | 7.3Up 2.8% year over year |
| Semi-Detached | 30Down 40.0% year over year | $574,590Down 7.1% year over year | $558,750Change not supplied | 1.9Down 5.0% year over year |
A regional percentage should never be applied directly to one property as a home-value estimate.
THE MONTHLY ARCHIVE
Compare the months, not one headline.
Open one month for the source vintage and full table. Then compare it with the months around it. That is more useful than reacting to one giant headline.
SOURCE BEFORE SPIN
Receipts, dates and warning labels.
The way I look at it is simple: if a number matters to your decision, you should be able to see where it came from and what it cannot prove.
Waterloo Region Housing Statistics - August 2026
Source organization: Cornerstone Association of REALTORS®. Data from ITSO MLS® System. Data current as of . Retrieved .
Source vintage: As published. Archived months are kept with the numbers shown in their original source.
Notes for this month
- The official live page is the source for the August headline, property-type and city figures.
- The published breakdown rows must not be summed to replace the official all-residential totals.
- The public city charts verified sales and average price. Other city metrics are omitted rather than inferred.
- No year-over-year percentage was supplied for the August median prices, so none is stored.
Read the numbers honestly
- All percentage changes are year-over-year unless a page explicitly says otherwise.
- March through June figures preserve each report exactly as published. Later ITSO reports can revise earlier records, so report vintages must not be silently mixed.
- In the March through June reports, Townhouse/Condo includes townhouse, condo and semi-detached properties.
- ITSO defines sales as properties on which offers were accepted during the month.
- Active listings are properties in active status at the end of the month.
- Months supply is month-end inventory divided by average monthly closed sales from the previous 12 months.
- Regional statistics show market direction. They do not establish the value of a specific property.
YOUR MOVE IS MORE SPECIFIC THAN A CHART
Bring me the address. I'll help put the regional numbers in the right local context.
Buying, selling or just trying to understand what the market means for you? Send me the real situation. No pressure campaign. Just a useful conversation.