WATERLOO REGION · SEPTEMBER 2026

September 2026.
What the numbers say.

September 2026 in Waterloo Region: 409 home sales were recorded, down 19.3% year over year. The average sale price was $707,514. These are regional statistics, not a value for any one home.

Source: Cornerstone Association of REALTORS®Data provider: ITSO MLS® SystemCurrent as of October 2, 2026
01 · THE PERIOD

September 2026

This page keeps the source vintage attached to the month it describes.

02 · THE PRICE

$707,514

Down 6.1% year over year

03 · THE WARNING

Not a valuation

A regional average cannot price your specific home. It is context for a better conversation.

SEPTEMBER 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.

Home sales409
Down 19.3% year over year

Accepted offers recorded during the month.

New listings1,230
Down 16.6% year over year

Homes newly listed during the month.

Average sale price$707,514
Down 6.1% year over year

The average across closed sales, without accounting for seller concessions.

Median sale price$675,000
Down 3.6% year over year

The middle recorded sale price for the period.

Active listings1,823
Down 12.9% year over year

Properties in active status at the end of the month.

Months of supply3.8
Down 5.0% year over year

Month-end inventory divided by average monthly closed sales from the previous 12 months.

Days on market32
Unchanged 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.

01 · ACTIVITY

How much moved.

409 sales, down 19.3% year over year. 1,230 new listings, down 16.6% year over year. This tells us the pace of the regional market. It does not tell us how one street or one house performed.

02 · PRICE CONTEXT

Useful, with a warning label.

The average was $707,514 and the median was $675,000. Both can move when the mix of homes sold changes. Neither one is a shortcut to the value of your home.

03 · CHOICE AND PACE

One regional total hides different markets.

The report recorded 1,823 active listings, 3.8 months of supply, 32 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.

September 2026 property-type comparison. All changes shown are year over year.
Area or typeHome salesAverage sale priceMedian sale priceMonths of supply
Single Family268Down 18.5% year over year$812,433Down 5.2% year over year$750,000Down 2.3% year over year3.2Down 3.0% year over year
Townhouse/Condo141Down 20.8% year over year$508,095Down 9.8% year over year$545,000Down 3.4% year over year4.8Down 4.0% 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.

September 2026 Waterloo Region Monthly Indicator

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.

Open the official source ↗

Notes for this month

  • Waterloo Region board service area, all residential property types. Figures preserve the original Monthly Indicator as of October 2, 2026.
  • Only independently verified figures from this report are included. Missing city values and other unverified fields have not been inferred.
  • Each archived month retains its original source cutoff. Later reports can revise prior months; these snapshots are not a single revised historical series.

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.