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