Record Breaking June
Prices are climbing and our residential average tops $600,000 for the FIRST TIME! Here's the statistical breakdown homies:
SALES > 673 residential properties sold through MLS, up 57.6% compared to May > 413 detached, up 1.7% from June 2019 > 67 condominium apartments, up 36.7% >134 townhouses, down 15.7% > 59 semi-detached, up 31.1%
PRICES > $601,285 average sale price of all residential properties, up 12.8% compared to June 2019 > $698,736 average sale price of detached, up 13.2% > $372,392 average sale price of condominiums, up 13.2% > $457,851 average sale price of townhouses, up 11.4% > $504,816 average sale price of semi-detached, up 17.3%
INFO > 16 average days it took to sell a home in June 2020, compared to 20 days in June 2019 > 640 total number of homes available for sale at the end of June, that is a 28.7% decrease from June 2019
INSIGHT > Supply is low, demand is high. Covid might have slowed this region down for a couple of weeks, but we ad REALTORS quickly adapted to do everything we can to help you not only buy and sell, but to do it safely.
> My sellers during this time received gloves, masks and hand sanitizer, plus a disclosure before each showing confirming the people coming through their home do not have any symptoms, did not travel outside of Canada recently and have not been exposed to any Covid patients.
> My buyers get a briefing before each showing regarding what the sellers preferences are, i.e. don't touch the lights, wear masks, take a Lysol wipe with you while your tour, etc.
> Every home is different, but in the last few weeks, I have seen multiple offers presented at almost every price point!
> My sellers have been between $600 - $1.4 million and saw unprecedented traffic.
> My buyers are looking at anything under $800,000 and have seen multiple competitions of firm deals.
> This is a time that requires the strategy and knowledge of a REALTOR more than ever!
Any questions? Reach out to us on Instagram @homegirls.ca or on our contact form here on the website. Stay safe, stay cool homies! #realestate #kwregion #tricitiesrealestate #kwrealestate #realtor #southwesternontariorealestate #realestatestats #realestatestatistics #ontariorealestate #mls #newhome #firsttimebuyer #justlisted #dreamhome #homesweethome #househunting #justsold #royallepage #locationlocationlocation #hustle #realty #newhome #wanttomove #realestateinvestor #realestateagent #propertyforsale #homeforsale #houseforsale#realestatekitchener #realestatewaterloo #realestatelife #waterlooregionrealtors #kitchenerhomes #KWlistings #homeowners