August 2026
This page keeps the source vintage attached to the month it describes.
WATERLOO REGION · AUGUST 2026August 2026.
August 2026.
What the numbers say.
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.
Source: Cornerstone Association of REALTORS®Data provider: ITSO MLS® SystemCurrent as of September 3, 2026
$722,683
Down 1.0% year over year
Not a valuation
A regional average cannot price your specific home. It is context for a better conversation.
AUGUST 2026 · REPORTED METRICS
The regional scoreboard.
Every available figure below comes from this month's named source. A missing figure stays missing. Nothing has been filled in with a guess.
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.
THE SCOTTIE READ
Context before conclusions.
Here's what we do control: we can read the whole set, compare the right segment and refuse to turn one percentage into a story it cannot support.
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 COMPARISON
Kitchener, Waterloo, Cambridge.
These rows show why one Waterloo Region headline cannot describe every local market equally.
| 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
Compare like with like.
Categories are shown exactly as the source grouped them for this report. Read the definitions before comparing one month with another.
| 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 |
SOURCE AND METHOD
Know what you're looking at.
Market stats are useful when the month, area, category and source all stay attached. Remove any one of those and the number gets easier to misuse.
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 HOME IS NOT THE AVERAGE HOME
Let's put these numbers beside your actual move.
Street, property type, condition, competition and timing all matter. Tell me what you're thinking about and I'll help you make sense of it.