We all hear about the house down the street that sold in days (or hours!) after going on the market. However, you may be wondering how long it takes on average for a home to sell in your neighbourhood...

Here is a chart that gives you some basic data on average "Days on the Market" in the cities of Kitchener and Waterloo. We have also included the average sale price for a home in each area (using this criteria). If you don't see your neighbourhood on the chart, please feel free to contact us and we would be happy to provide that information to you.

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The chart below is for sales of single-detached resale homes with three or four bedrooms and a finished basement during the last six months (averages).

* for the period from October 25, 2010 to April 25, 2011

For more information on this topic visit this page: how-fast-will-my-house-sell-part 2

This information is based on MLS® data owned by the Kitchener Waterloo Real Estate Board, Inc. Average price information can be useful in establishing long term trends, but does not indicate actual prices in these areas. To obtain specific information on property values please contact us.