Waterloo Region Home Sales Set Another Record in October

There were 691 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 October. October’s home sales increased 28% compared to October last year, but decreased by 9.6% compared to September. The previous 10 year average sales in October is 471.

“This is the fourth month in a row we have set a monthly record number of home sales,” said Colleen Koehler, President of KWAR. “Demand for homes in October continued to strongly outpace supply in Kitchener-Waterloo and area.”

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.

Ready to Sell