In July, home sales in Kitchener-Waterloo were up 15.1% compared to July 2018.
“Home sales continued their strong momentum from last month.”
Brian Santos, President of KWAR
July Sales Breakdown:
- 322 Detached Home Sales
- 62 Condominium Sales
- 141 Freehold Townhouse Sales
- 42 Semi-Detached Home Sales
The average sale price of all residential properties sold in July increased by 9.3% to $521,101 compared to July 2018.
Average Home Price:
- $613,244 Detached Homes
- $339,137 Apartment Style Condominiums
- $414,062 Townhomes
- $434,136 Semis
The median price of all residential properties sold in July increased by 10.8% to $489,450.
Market recap from Brian Santos, President of KWAR:
“The temperature is matching the market we’re continuing to see strong consumer demand that is making for a busier than normal market for the middle of summer.”
To learn more about the market and what this means to you, meet with Suzanne for coffee. Book a time with Suzanne now.
Find more information about the Kitchener-Waterloo real estate market here.