06/19/2026
There is no question the market has been taking its time finding its footing this year, but we’re continuing to see some encouraging signs of movement across Waterloo Region.
With sales improving month over month and inventory remaining balanced, there is plenty happening beneath the headlines. The key thing to remember is that every community is a little different, and local trends can vary significantly from one area to the next.
Let’s take a look at how Cambridge, Kitchener, Waterloo, and the surrounding townships performed in May. 🏡✨
Here’s your quick regional snapshot 👇
📍 Waterloo
Detached: $1,012,514
Townhouse: $622,081
Condo: $416,702
DOM: 24
Sold for: 100.6% of list
Homes Sold: 115
📍 Kitchener
Detached: $818,265
Townhouse: $553,480
Condo: $375,036
DOM: 25
Sold for: 101.6% of list
Homes Sold: 272
📍 Cambridge
Detached: $746,943
Townhouse: $559,972
Condo: $449,779
DOM: 22
Sold for: 101.7% of list
Homes Sold: 162
👉 The takeaway?
The market continues to reward realistic pricing, strong presentation, and local expertise. While conditions vary from one community to the next, buyers and sellers who understand their specific market are in the best position to make confident decisions. As always, real estate is local, and the right strategy can make all the difference.
Curious what this means for your home or your buying power right now? Let’s talk about the numbers that actually apply to you.
📩 Bonnie Greenwood
📞 519-404-6887
📧 [email protected]