NEWS & ANNOUNCEMENTS ARCHIVE

November is the fifth consecutive month of record home sales in the Kitchener-Waterloo area.
“Prices continued to climb in November as buyers across all price points compete for listings as soon as they come on the market,” said Pohl. “The number of available properties going up for sale simply can’t keep up to the number of people wanting to purchase them.”

The median price of all residential properties sold in November increased 16.5 per cent to $600,000, and the median price of a detached home during the same period increased 15 per cent to $685,000.
Thinking of taking advantage of this seller's market? Call Mike Bolger at (519) 616-2656.

#realestatenews#realestatestats

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There were 691 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in October, the most ever recorded for the month. October’s home sales represented an increase of 28 per cent compared to the same month last year, and a decrease of 9.6 per cent compared to the previous month. The previous ten-year average number of residential sales for October is 471.

The average sale price of all residential properties sold in October increased 19.4 per cent to $635,301 compared to the same month last year, while detached homes sold for an average price of $742,596 an increase of 21.7 per cent.

KWAR’s president says the market we have been experiencing is extraordinary. “While our association does not track where buyers are coming through the MLS® System, I can say unequivocally we are seeing strong demand from GTA buyers.

Thinking of taking advantage of this seller's market? Call Mike Bolger at 1 (519) 616-2656.

#realestatenews#realestatestats

Wow this report from the KWAR is amazing!
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There were 758 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in September, the most ever recorded for the month. September’s home sales represented an increase of 41.6 per cent compared to the same month last year, and an increase of 8 per cent compared to the previous month. The previous ten-year average number of residential sales for September is 460.

There were 758 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in September, the most ever recorded for the month. September’s home sales represented an increase of 41.6 per cent compared to the same month last year, and an increase of 8 per cent compared to the previous month. The previous ten-year average number of residential sales for September is 460.

Thinking of taking advantage of this seller's market? Call Mike Bolger at 1 (519) 616-2656.

#realestatenews#realestatestats

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