Kitchener Waterloo Real Estate Market Report
byThere were 6,492 residential homes sold in 2020, an increase of 9% compared to 2019. The average sale price increased by 16.1%.
There were 6,492 residential homes sold in 2020, an increase of 9% compared to 2019. The average sale price increased by 16.1%.
How’s the Kitchener-Waterloo real estate market?
The LP/SP ratio is at about 110.5% and Days on Market is averaging about 10.5 days.
The Supply is back under one month’s supply
All this means that it is solidly a still Seller’s Market.
In this update of the Kitchener-Waterloo real estate market, we look at Coronavirus and it’s impact on:
1. Number of showings,
2. Average sale price
3. Number of new listings
4. Number of houses for sale
5. Number of homes sold
6. Days on Market
7. Supply of homes
8. List price to sale price ratio