Waterloo Region Home Sales Set Another Record in June

RESIDENTIAL AVERAGE TOPS $600K FOR FIRST TIME 

There were 673 residential homes sold through the Multiple Listing Service (MLS), the most ever recorded for the Kitchener-Waterloo Association of Realtors (KWAR) for the month of June and increase 57.6% compared to May. June’s home sales increased 2.1% compared to June last year.

“After a pandemic–induced delay to the typical spring market, home sales sprung back to life in a big way in June,” said Colleen Koehler, President of KWAR. “As Waterloo region entered stage two of reopening, we saw many buyers and sellers resuming their home buying and selling plans.”  

KWAR

This is the perfect time to make a move. If that is something you are considering, let’s meet, and go over your best options to obtain the highest selling price possible for you. Demand has far outpaced supply in the market, making it a seller’s market. This means that homes sold with multiple offers, in record time and way above the asking price.

Let’s put your custom plan together, let’s meet if you are looking to make a move in this seller’s market.

Seller's Market