Kitchener-Waterloo Real Estate Board
In Town Residential Properties
©George Patton, Broker
|JUNE 17||JUNE 18||Change||%|
|Average Sale Price||456,540||484,160||27,620||6.05|
|Median Sale Price||425.000||450,000||25,000||5.88|
Year to the end of the month of June
|Total Residential Sales||3,440||2,841||(599)||(17.41)|
|Total $ Volume||1,630,595,500||1,339,363,500||(291,232,000)||(17.86)|
Previous 12 months versus last 12 months
|July 16 to June 17||July 17 to June 18||Change||%|
|Total Residential Sales||6,263||5,430||(934)||(14.91)|
|Total $ Volume||2,777,809,000||2,430,741,200||(347,067,800)||(12.49)|
All information based on MLS® data owned by Kitchener-Waterloo Association of REALTORS® covering, 01/01/91 to 06/30/18, is considered accurate but cannot be guaranteed. Listing numbers based on number as of last day of month. Sales information does not include properties listed for rent & rented or those which do not provide year-round occupancy.
NOTES: The number of listings, sales and $ volume has remained relatively flat for April/May/June while the average and median prices have risen. There is still strong demand in some price ranges with just over 40% of all sales in June selling over asking. Relative to recent past years, 2017 saw the second half of the year less active then the average. If 2018 acts in an 'average' manner, the second half of this year could be busier. We are still getting considerable activity out of the western side of the GTA but, in general, we are in a much more balanced market for the first half of 2018.
Royal LePage Wolle Realty, Brokerage