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May 2025 · Waterloo
Waterloo Sold Home Prices for May 2025
84 residential properties closed in Waterloo in May 2025. Average sold price of $795,315. Mixed conditions across property types.
Avg Sold Price $795,315
Median Price $723,750
Sale / List 101.2%
Over Asking 40.5%
Avg DOM 86 days
Total Sold
84
all residential
Avg Sold Price
$795,315
all types
Median Price
$723,750
mid-point
Sale / List
101.2%
avg ratio
Over Asking
40.5%
of all sales
Avg DOM
86
days on market
Prices by Property Type
Waterloo · May 2025
💰 Price Summary
Average Sold $795,315
Median Sold $723,750
Avg List Price $785,843
Lowest Sale $290,000
Highest Sale $2,300,000
Sale / List Ratio 101.2%
📊 Competition
Sold over asking 40.5%
Sold at asking 10.7%
Sold under asking 48.8%
Avg Days on Market 86 days
Fast · 050Slow · 100+
⚖️ Balanced — 40.5% over vs 48.8% under asking.
💰 Price Summary
Average Sold $494,762
Median Sold $488,500
Avg List Price $499,300
Lowest Sale $290,000
Highest Sale $865,000
Sale / List Ratio 99.1%
📊 Competition
Sold over asking 23.5%
Sold at asking 17.6%
Sold under asking 58.8%
Avg Days on Market 98 days
Fast · 050Slow · 100+
🧊 Buyers market — 58.8% sold below asking. Avg 98 days on market.
💰 Price Summary
Average Sold $980,569
Median Sold $900,000
Avg List Price $955,306
Lowest Sale $485,000
Highest Sale $2,100,000
Sale / List Ratio 102.6%
📊 Competition
Sold over asking 53.3%
Sold at asking 6.7%
Sold under asking 40.0%
Avg Days on Market 75 days
Fast · 050Slow · 100+
🔥 Sellers market — 53.3% sold above asking at a 102.64% sale-to-list ratio.
💰 Price Summary
Average Sold $601,708
Median Sold $558,500
Avg List Price $600,708
Lowest Sale $399,900
Highest Sale $970,000
Sale / List Ratio 100.2%
📊 Competition
Sold over asking 30.8%
Sold at asking 30.8%
Sold under asking 38.5%
Avg Days on Market 120 days
Fast · 050Slow · 100+
⚖️ Balanced — 30.8% over vs 38.5% under asking.
💰 Price Summary
Average Sold $1,747,000
Median Sold $1,747,000
Avg List Price $1,887,450
Lowest Sale $1,194,000
Highest Sale $2,300,000
Sale / List Ratio 92.6%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 156 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 156 days on market.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Kitchener | $724,084 | $700,000 | 102.4% | 68d | 🔥 Sellers |
| Cambridge | $761,487 | $735,000 | 101.0% | 84d | 🧊 Buyers |
| Guelph | $752,555 | $747,500 | 99.6% | 84d | 🧊 Buyers |
| Woolwich | $929,586 | $885,303 | 99.9% | 86d | 🧊 Buyers |
| Wilmot | $929,129 | $765,000 | 100.7% | 76d | 🧊 Buyers |
Frequently Asked Questions
Waterloo · May 2025
The average sold price across all residential types in Waterloo was $795,315 in May 2025,
based on 84 closed transactions. The median was
$723,750.
Condos averaged $494,762, freehold averaged $980,569, and townhouses averaged $601,708.
The average Waterloo home took 86 days to sell in May 2025.
Freehold properties averaged 75 days while condos averaged 98 days.
In May 2025, condos averaged $494,762 while freehold homes averaged $980,569 —
a gap of $485,807.
Waterloo averaged $795,315 in May 2025. Wilmot averaged $929,129. Cambridge averaged $761,487. See the full May 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Waterloo, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
