How’s the 2020 Kitchener-Waterloo real estate market. January 14 2020

How's the 2020 Kitchener Waterloo Real Estate Market? A problem with inventory is one for buyers! Key takeaways: 1) Single family homes priced below $600,000 are selling fast. Often in less than five days. 2) Bully offers are the rule not the exception as buyers don't want to wait till offer night. 3) The list price to sale price ratio of homes that have sold so far this year (on my list) are selling for 8% over list price.

How’s the 2020 Kitchener Waterloo Real Estate Market? A problem with inventory is one for buyers!

Key takeaways:

1) Single family homes priced below $600,000 are selling fast. Often in less than five days.

2) Bully offers are the rule not the exception as buyers don’t want to wait till offer night.

3) The list price to sale price ratio of homes that have sold so far this year (on my list) are selling for 8% over list price.

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