How’s the Kitchener Waterloo Real Estate Market, January 27, 2020

Bully Offers slow down a bit

We have more data since two weeks ago (when I did my first how’s the market video) showing us how the Kitchener-Waterloo real estate market is behaving.

The key takeaways are:

  1. Houses that my clients are interested in are selling about 8.5% above list price.
  2. The number of Bully offers has declined. I think there was a lot of pent up demand from December and the first week of January.
  3. The markets above and below $500,000 are behaving quite differently. The prices paid over list price are more than 5% apart.

In this video I also

  • do a couple of client case studies,
  • a look at sales in different neighbourhoods and
  • some price range comparisons

link to Youtube

How’s the market January 14, 2020

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