Kitchener-Waterloo Real Estate Board

MLS® Statistics

In Town Residential Properties

©George Patton, Broker

Listings (at end of month) 757612(145) (19.2)
Sales 40147271(17.7)
$ Volume $195,378,000$251,570,700$56,192,70028.76
Average Sale Price $487,150$532,990$45,8409.41
Median Sale Price $447,000$501,000$54,000 12.08

Year to the end of the month of September

Total Residential Sales 4,1494,247982.36
Total $ Volume $1,966,434,000$2,179,192,000$212,758,000 10.82

Previous 12 months versus last 12 months   

  Oct 17 - Sept 18Oct 18 - Sept 19Change%
Total Residential Sales 5,2615,4251643.12
Total $ Volume $2,450,108,600$2,795,865,800$345,757,200 14.11

All information based on MLS® data owned by Kitchener-Waterloo Association of REALTORS covering, 01/01/91 to 09/30/19, 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:  Average and Median prices set new all time highs in September. Sales between $500,000 and $560,000 [87] made up over 18% of total sales for the month almost beating all sales under $400,000 [91]. We continue to operate with very few listings which means many sales were over asking price. Still, by my numbers, September 2019 goes into the books as the best September for sales since I've been keeping records. I think that 2019 will be slightly better sales-wise compared to 2018 but will fall well below2018 with regard to the total number of new listings that came to market during the year.

George Patton

Royal LePage Wolle Realty, Brokerage