If you've been glancing at your last property tax assessment and feeling pretty good about it, here's a reality check. The market in Waverly has been moving - and not always in the direction that old government number suggests. Here's the straight story on what's happening on our streets right now.
For those of us in houses, the market is taking a breather. The average HonestDoor Price sits at $689,412, down 1.82% from the previous period. Actual sales are averaging $635,000, with listings sitting at $639,900. Buyers are paying 99.23% of list price - so yes, there is a little room to negotiate, but not much. Properties are moving in about 7 days, which tells us demand is still real. This is a stable buyers' market, not a crash. Think of it as a slow exhale after a few years of sprinting.
On the condo side, the numbers look different. The average HonestDoor Price for condos is $428,329. The rental estimate comes in at $2,221 per month, and the Airbnb potential is $110 per night. Compared to nearby Memorial condos averaging $591,007, Waverly condos are a noticeably more affordable entry point into the market. For investors or first-timers, that gap is worth paying attention to.
Here is the problem with your city assessment. It is a snapshot taken months - sometimes over a year - ago. It does not know that your neighbour's house just sold in 7 days. It does not factor in what buyers are actually paying on our street right now.
The HonestDoor Price is updated in real time using current sales data, listing activity, and market signals. For houses in Waverly, that number is $689,412. The predicted market value for houses sits at $702,191 - already higher than recent sale prices. That gap between what the city thinks your home is worth and what a buyer would actually pay today is exactly where money gets left on the table.
If you are making any financial decision - refinancing, selling, even just budgeting - the HonestDoor Price is the number to start with. Not the assessment letter sitting in your kitchen drawer.
Honest answer - Waverly is not the hottest market in Clarington right now. A growth rank of 39 out of 47 for houses puts us in the lower tier of the leaderboard. Values have dipped slightly, down 0.71% recently, and the 3-month moving average for predicted house value has slipped from $706,825 to $702,191. The market is cooling at the edges.
But here is what that does not mean. It does not mean you should panic or wait forever. Homes are still selling in 7 days. Buyers are paying 99 cents on every dollar of list price. If you price right - and right means using your HonestDoor Price, not a guess - you can still get a clean, fast sale this summer.
For condo owners, the story is actually more interesting. A growth rank of 3 out of 39 puts Waverly condos near the top of the Clarington leaderboard. If you own a condo here and have been sitting on the fence, this summer might be worth a serious conversation.
Bottom line - price it accurately, move quickly, and do not let a stale government assessment set your expectations. Check your HonestDoor Price first. That is where the real conversation starts.
waverly | clarington | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.