Waterloo Region Home Sales Climb in May Compared to Record-Low April

There were 419 residential homes sold through the Multiple Listing Service (MLS), a decrease of 40.5% Kitchener-Waterloo Association of Realtors (KWAR) compared to May of last year and an increase by 80% compared to April, due to COVID 19. The previous 10 year average sales in September is 460.

“Real estate was included as an essential service in Ontario from the outset of the COVID-19 shutdown, and Realtors have stepped up to ensure those who need to list or buy can do so safely,” said Colleen Koehler, President of KWAR. 

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