Lance Nielsen Real Estate

📊 Waterloo Region Market Update – October 2025
Home sales slowed slightly last month, with 569 homes sold — down 6.7% year-over-year — but activity is picking up as borrowing costs ease and more listings hit the market.
🏡 Average Sale Prices:
• Detached — 💲842,907 (↓4.8%)
• Townhouse — 💲593,652 (↓8.2%)
• Condo — 💲433,746 (↓10.2%)
• Semi-detached — 💲573,332 (↓11.9%)
➡ Overall average: 💲734,928 (↓5.6%)
📈 Inventory Update:
• 1,236 new listings (+7.2% YoY)
• 2,056 active listings (+23.6%)
• 3.9 months of supply (condos leading with 7.6 months)
• Homes took an average of 31 days to sell
💬 With the Bank of Canada’s 0.25% rate cut and rates expected to hold steady, coupled with increased inventory, this is a good time for Buyer's to start exploring the market.

📞 Let’s talk about what these numbers mean for your next move.

In this market you need an experienced Realtor®. Contact me whether buying or selling to move forward with confidence!

🏠 Waterloo Region Market Update - June 2025 🏠

📊 The Numbers:
• 676 homes sold (up 0.3% from last June)
• Average price: $780,293 (down 1.1% YoY)
• 27 days average time to sell (vs 18 days last year)

🔥 What's Hot: Condos are on fire! 🔥 Sales up 34.4% as buyers seek affordable options. Average condo price: $435,435

📈 Market Breakdown: 🏘️ Detached: $896,770 (442 sales, +5.6%) 🏘️ Townhouses: $624,754 (113 sales, -17.4%) 🏘️ Condos: $435,435 (86 sales, +34.4%) 🏘️ Semi-detached: $649,039 (35 sales, -25.4%)

💡The market is balancing out. More inventory (1,514 new listings, +5.3%) means buyers have more time to make decisions. While prices have softened slightly, Waterloo Region's strong fundamentals keep the market stable.

Looking to buy or sell in this evolving market? Contact me now and MOVE FORWARD WITH CONFIDENCE!

Royal LePage Wolle Realty