Kitchener-Waterloo Real Estate Board

MLS® Statistics

In Town Residential Properties

©George Patton, Broker

  JULY 19JULY 20Change%
Listings (at end of month) 686454(232) (33.82)
Sales 51666314728.49
$ Volume $264,656,300$417,718,100153,061,80057.83
Average Sale Price $512,900$630,040$117,14022.84
Median Sale Price $475,000$590,000$115,000 24.21

Year to the end of the month of JULY

Total Residential Sales 3,3542,999(355)(10.58)
Total $ Volume $1,710,708,300$1,750,630,200$39,921,900 2.33

Previous 12 months versus last 12 months   

  Aug 18 - July 19Aug 19 - July 20Change%
Total Residential Sales 5,4004,994(406)(7.52)
Total $ Volume $2,767,591,500$3,080,343,600$312,752,100 11.30

All information based on MLS® data owned by Kitchener-Waterloo Association of REALTORS covering, 01/01/91 to 07/31/20, 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:  July 2020 goes in the record books as the largest month for sales for any July since I've kept records. It will also stand as one of the top ten months for sales of any month. We are witnessing a market roaring back from the terrible setback during March and April. Both average and median prices set new all time highs thanks, in part to the activity in sales over $1,000,000 [6.2% of sales for the month]. This is a vert strong sellers' market with about 6 in every ten sales being over the asking price.  

George Patton

Royal LePage Wolle Realty, Brokerage