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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, August 19, 2020

The latest K-W real estate market stats are listed for you on my lastest blog along with some local hiking trails...

I hope you’re doing well and that you’re enjoying the beautiful summer weather we’ve been having!

The latest K-W real estate market stats are listed for you on my lastest blog along with some local hiking trails that you’ll definitely want to check out!

There are also some tips on how to create a home office space that’ll help you take care of business and finally a selection of handy home decorating apps that will hopefully make your life a little easier!

Please get in touch with me at (519) 616-2656 if you ever have any questions about real estate. It’d be great to hear from you!

https://www.mikebolger.ca/article/115/kitchener-waterloo-real-estate-market-august-2020.html

#realestatenews#kitchener#kitchenerwaterloo#kwawesome


News Story Wednesday, July 15, 2020

Check out my latest blog! It has tips on how to avoid turning homebuyers off.

Are you thinking about selling your home?
Check out my latest blog! It has tips on how to avoid turning homebuyers off. The idea is to get the most value for your home and to sell it quickly. Yes, sometimes there are certain things that can scare off potential offers. Click the link for all the details.

The KW market is looking good and homes are selling quickly for top market value. If you want to work with a KW REALTOR®, I recommend choosing one that has a VIP Sellers Program. Call Mike Bolger at (519) 616-2656 to learn more.

https://www.mikebolger.ca/article/110/how-to-avoid-turning-homebuyers-off.html

#realestatekw#chestnutparkwest#kitchenerwaterloo


News Story Monday, July 13, 2020

Things are looking great for the summer real estate market.

The June 2020 KW Residential Market Report is out, and it's surprisingly impressive.

The average selling price is over $600,000 for the first time ever. ⁠

We had an increase of 12.8% this year compared to last year— 673 properties sold, and it took an average of just 16-days to sell.

Are you thinking of selling? Now is a great time to list your home. Call Mike Bolger at (519) 616-2656.

#realestatekw#chestnutparkwest#chestnutpark#kitchenerwaterloo





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