May 2026
This page keeps the source vintage attached to the month it describes.
WATERLOO REGION · MAY 2026May 2026.
May 2026.
What the numbers say.
May 2026 in Waterloo Region: 625 home sales were recorded, down 8.0% year over year. The average sale price was $745,909. These are regional statistics, not a value for any one home.
Source: Cornerstone Association of REALTORS®Data provider: ITSOCurrent as of June 2, 2026
$745,909
Down 5.7% year over year
Not a valuation
A regional average cannot price your specific home. It is context for a better conversation.
MAY 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 8.0% year over year
Accepted offers recorded during the month.
Down 13.3% year over year
Homes newly listed during the month.
Down 5.7% year over year
The average across closed sales, without accounting for seller concessions.
Down 6.8% year over year
The middle recorded sale price for the period.
Down 9.2% year over year
Properties in active status at the end of the month.
Down 4.8% year over year
Month-end inventory divided by average monthly closed sales from the previous 12 months.
Down 4.2% year over year
Average time from listing until an offer is accepted.
Down 1.0% year over year
The reported percent of list price received.
Up 10.9% year over year
The ITSO index value for the reporting period.
Down 5.8% year over year
The ShowingTime index value for the reporting period.
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.
625 sales, down 8.0% year over year. 1,442 new listings, down 13.3% 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 $745,909 and the median was $690,000. 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 2,008 active listings, 4.0 months of supply, 23 days on market. Property type, city, condition and price band can still tell very different stories inside that regional total.
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 | New listings | Active listings | Days on market | Months of supply | List price received | Affordability index | ShowingTime Housing Value Index |
|---|---|---|---|---|---|---|---|---|---|---|
| Single Family | 415Down 3.7% year over year | $851,962Down 6.6% year over year | $780,000Down 5.5% year over year | 879Down 11.2% year over year | 1,004Down 8.6% year over year | 20Unchanged year over year | 3.2Down 5.9% year over year | 102.1%Down 0.8% year over year | 54Up 8.0% year over year | 148Down 4.5% year over year |
| Townhouse/Condo | 210Down 15.3% year over year | $536,328Down 7.8% year over year | $549,950Down 6.0% year over year | 563Down 16.3% year over year | 1,004Down 9.8% year over year | 30Down 3.2% year over year | 5.4Unchanged year over year | 100.1%Down 1.4% year over year | 77Up 10.0% year over year | 141Down 6.6% year over year |
Single Family: Single Family properties only. Townhouse/Condo: Townhouse, Condo and Semi-Detached properties only.
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.
Monthly Indicators - Waterloo Region - May 2026
Source organization: Cornerstone Association of REALTORS®. Data from ITSO. Data current as of .
Source vintage: As published. Archived months are kept with the numbers shown in their original source.
Report © 2026 ShowingTime Plus, LLC.
Open Cornerstone's Waterloo Region statistics hub ↗
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.