Kitchener-Waterloo Real Estate Board

MLS® Statistics

In Town Residential Properties

©George Patton, Broker

  JUNE 17JUNE 18Change%
Listings 697827112 16,07
Sales 665632(114)(17.14)
$ Volume 303,599,600266,770,800(36,828,800)(12.13)
Average Sale Price 456,540484,16027,6206.05
Median Sale Price 425.000450,00025,000 5.88

Year to the end of the month of June

Total Residential Sales 3,4402,841(599)(17.41)
Total $ Volume 1,630,595,5001,339,363,500(291,232,000) (17.86)

Previous 12 months versus last 12 months   

   July 16 to June 17July 17 to June 18Change%
Total Residential Sales 6,2635,430(934)(14.91)
Total $ Volume 2,777,809,0002,430,741,200(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.


George Patton

Royal LePage Wolle Realty, Brokerage