Kitchener-Waterloo Real Estate Market Update

Kitchener Waterloo Real Estate Market Report

Year in Review — 2021 7,581 residential homes sold in 2021 This is an increase of 18.3% compared to 2020. For 2020, total residential sales included 4,272 detached (up 10.8%), and 1,602 condominium units (up 20.9%). Sales also included 578 semi-detached homes (up 31.1%) and 1,602 townhouses (up 20.9%). On a year-to-date basis, the average sale price for all residential properties in the Kitchener-Waterloo area increased 25.8% to $770,596 compared to 2020.

3 real estate predictions for 2022.

Sales will dip. Prices will flatten.

Kitchener-Waterloo Real Estate Weekly Market Update

New listings: 58 Homes sold: 35 Conditional Sales: 6 Average days on market: 30 Median days on market: 10 Average list price: $641,268 Average close price: $792,666 Average SP/LP: 123.14%.

Kitchener Waterloo Cambridge population explosion causes falling vacancy rate

Vacancy rate 1.3% for 3 or more bedroom units

How’s the Kitchener Waterloo Real Estate Market

How did we get here?

A look back at 2021

More from Keith Marshall
You will not save $18,000 when you sell your home privately
Are you considering selling your home privately? I had a few comments...
Read More
Leave a comment

Your email address will not be published.