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May was another record month for home sales in Kitchener-Waterloo.

The Kitchener Waterloo Association of Realtors (KWAR) says 854 residential homes were sold last month adding up to a 100.9 percent increase from May of 2020.
"While last May home sales were restrained due to the pandemic, May 2021 was another extraordinary month of home buying and selling activity," said Nicole Pohl, the President of KWAR.
Because of a shortage of housing supply, we could see elevated prices for some time to come.
The price of the properties also increased 30.4 per cent from May 2020, with the average price of a residential home now at $740,103.
$868,990 was the average price of a detached home. A 32.6 per cent increase from May 2020.
$457,935 was the average sale price for an apartment-style condominium. A 38.6 per cent increase from May 2020.
$601,987 was the average sale price for a townhouse. A 33.7 per cent increase from May 2020.
$659,975 was the average sale price for a semi. A 36.8 per cent increase from May 2020.
Thinking of selling?
Get the VIP Seller Service that you really want. Don't settle for less.
Call Mike Bolger at (519) 616-2656 to learn more.
https://bit.ly/3fX2EVm

#kitchenerwaterloo#waterlooregion#waterlooregionrealestate


Interesting article on the redevelopment of King St West high-rise. It will become all-electric!


A blazing hot housing market provides developers with an opportunity to experiment with their product, and in this case, for the good of the surrounding community. Higgins said they also plan to have a free space at street-level that will host a local business, rent-free, to add value to everyone who lives nearby.

What do you think?
https://www.kitchenertoday.com/local-news/development-on-king-street-west-to-become-all-electric-condo-high-rise-3747556

#kitchenerwaterloo#realestate


News Story Wednesday, February 17, 2021

There has not been this kind of drought in Real Estate in along time! We’re not talking about homes being unable to sell.

↓↓↓

We are talking about homeowners are holding on to their properties, waiting for the right time to sell.
NOW! It is the best time to consider selling.

Have you seen the KWAR real estate stats based on January 2021 residential resale values?
It's a seller's market, and they are cashing in. The advantage for sellers is an increased desire to live in the KW Area and not enough real estate inventory. The question is will your home cause a bidding war?

I have buyers from the GTA begging me to find the properties in Kitchener and Waterloo.
They want the following:
• Detached home 1350 - 2000+ sqft
• 3+ Bedrooms
• 2+ Bathrooms
• Large yard with some landscaping
• Deck with Fenced Yard

Sell your home quickly and for top market value. Call Mike Bolger at (519) 616-2656.

#realestateagent#waterloorealtor#kitchenerrealtor


News Story Wednesday, October 28, 2020

A question I get asked a lot is "Are buyers and sellers allowed to share the same representation?"

The answer is yes, but check out my blog on how to protect yourself.
😮↓↓↓

It's always wise to work with a professional KW REALTOR® to buy and sell properties. Realtors are obligated to protect their clients. Whether they are a buyer or seller, I always give my clients the best possible advice. If you have questions about real estate or need a referral, give me a call at (519) 616-2656.
https://www.mikebolger.ca/article/124/are-buyers-and-sellers-allowed-to-share-the-same-representation.html

#kwrealtor#sellyourhouzz#mikebolger#kitchenerrealtor


News Story Monday, October 26, 2020

Calling all first time home buyers or investors. Must see this listing.

Check out 28 THORNCLIFFE Street located in Kitchener, ON.
This Backsplit is listed for only $549,900. This home won't last long.

3 + 1 beds and 2 baths. Just minutes from Boardwalk shopping, great schools, and highway 7/8 access, this home is awaiting a new owner who will appreciate the pride of ownership and upper-class workmanship.

New roof 2016, 2-stage furnace 2018, newly installed dishwasher.
Call Mike Bolger at (519) 616-2656 for a private showing.
Click the link below for all the details and more photos.

https://www.mikebolger.ca/listing/65/28-thorncliffe-street.html

#kitchenerrealestate#newlisting#kitchenerlisting


My newest listing is 28 THORNCLIFFE St. Kitchener, ON. N2N1Z2. 3+1 Bedrooms | 2 Baths | $549,900.

Welcome to 28 Thorncliffe Street, a move-in ready Backsplit in the treelined and family-oriented neighbourhood of Forest Heights.

This 5 bed, 2 bath home has been renovated and upgraded where it counts. New roof 2016, 2-stage furnace 2018, newly installed dishwasher. Gas fireplace and large 3pc tiled washroom.

Just minutes from Boardwalk shopping, great schools, and highway 7/8 access, this home is awaiting a new owner who will appreciate the pride of ownership and upper-class workmanship.

Call Mike Bolger for a private showing.
(519) 616-2656.

More information and photos here.

https://www.mikebolger.ca/listing/65/28-thorncliffe-street.html

#kitchenerrealestate#newlisting#kitchenerlisting


News Story Wednesday, September 09, 2020

The latest real estate market stats are listed for you on my latest blog along with details on the upcoming annual "Waffles in the Warehouse


The latest real estate market stats are listed for you on my latest blog along with details on the upcoming annual "Waffles in the Warehouse" event which helps raise money for the Food Bank of Waterloo.

There’s also a list of 10 reasons why you should use an agent to help you sell your home and finally, Fire Prevention Week is just around the corner so there are some tips to help keep you safe in the kitchen.

Need real estate advice or referrals to pros?
Call me now at (519) 616-2656.

https://www.mikebolger.ca/article/118/kitchener-waterloo-real-estate-market-september-2020.html

#realestatestats#kitchener#sellyourhouzz#mikebolger





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