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Luxury Real Estate Trends for November 2025: What Waterloo Region Sellers Should Know

elitere | Nov. 20, 2025


The latest November 2025 data shows a major shift across North America’s luxury housing sector. The market isn’t swinging back and forth anymore — it’s settling into a steady, confident rhythm. Buyers remain active, pricing stays disciplined, and demand continues to hold strong. Waterloo Region reflects this trend closely, but with its own local drivers shaping how properties move.


North America’s Luxury Market: Stable, Strong, and Buyer-Confident


Sales and Inventory Climb Together

Luxury single-family home sales jumped 9.9% year-over-year, while inventory climbed more than 14%. Homes continue selling close to list, averaging 97.82% of asking price, which shows that affluent buyers remain motivated and realistic.

Condos and Townhomes Gain Momentum

The attached luxury market regained strength after a slower period earlier in the year. October numbers reduced the gap with 2024 and signalled a rebound driven by easing affordability and shifting buyer priorities.

A Market Moving at Two Speeds

Some regions experience fast-paced sales fuelled by low supply and strong demand. Others move more slowly with cautious buyers and higher inventory. Wealth migration, lifestyle shifts, and local confidence shape these differences — and these same forces influence Waterloo Region.


Waterloo Region’s Luxury Market: Balanced and Strong


Single-Family Luxury Homes Hold Steady

Waterloo Region’s luxury detached segment sits firmly in a Balanced Market, recording a 19% sales ratio. The median sale price reached $1,225,000, and homes achieved a 97.30% sale-to-list ratio.

  • Median days on market: 23 (improved from 27 last year)
  • Most active price range: $1.1M–$1.149M (48% sales ratio)

These numbers show strong buyer engagement, especially in entry-tier luxury ranges where value and location matter most.


Attached Luxury Homes Show Stronger Absorption

The region’s luxury condo and townhome market also performed well, ending the month with a 20% sales ratio and a median sale price of $735,000.

  • Sale-to-list ratio: 98.81%
  • Median days on market: 23 (down dramatically from 40 last year)
  • Standout price range: $840k–$859k (200% sales ratio)

Demand remains high for well-located, well-presented units, especially those offering lifestyle convenience, modern finishes, and strong value compared to major Ontario markets.


What These Trends Mean for Luxury Sellers in 2025


Buyers Stay Intentional

Affluent buyers compare properties closely and expect homes to align with lifestyle priorities — high-quality neighbourhoods, move-in-ready finishes, and long-term value.

Inventory Grows, but Strong Listings Still Stand Out

Even with increased choice, well-prepared homes continue to sell quickly. Professional presentation, accurate pricing, and standout marketing remain essential.

Waterloo Region Retains Strong Appeal

The region continues to attract buyers relocating from higher-priced markets, along with professionals tied to the tech sector, universities, and research institutions. These buyers seek quality, privacy, and stability — all strengths of the local luxury market.

Ready to list a luxury property in 2026?

A strategic pricing plan and elevated marketing approach can position your home at the top of the market. Reach out to us today to start a tailored analysis and ensure your property stands out in today’s luxury landscape.

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