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Real Estate as it Happened in November 2017

KITCHENER-WATERLOO, –– Last month a total of 425 residential properties sold in Kitchener-Waterloo and area through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR). Home sales in November were down 20.1 per cent compared to the same month last year, but on par with the previous 5-year November average of 424 sale; a typical November.

Compared to November 2016, the average price of all residential properties increased 8% to $445,363. Detached homes averaged at $515,721, up by 8.9%. An apartment style condominium was $277,660 for an increase of 30.7%. Townhomes and semis sold for an average of $369,678 (up 19.3 per cent) and $376,677 (up 15.1 per cent) respectively.

For detailed information on your property, contact me, Denis Pellerin at (519)577-8181