In this recent press release from the Kitchener-Waterloo Association of Realtors (KWAR) it is reported that home sales on the local MLS system are up once again.

K-W HOME SALES UP FOR SECOND MONTH IN A ROW

KITCHENER-WATERLOO, ON (July 6, 2011) -For the second consecutive month, residential sales increased on a monthly basis compared to last year. This brings the total number of sales recorded through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) during the first half of the year to 3,443, a 5.4% decrease compared to 2010, but in line with the 5 year average.

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We had a great response to our last blog post of "Days on the Market" statistics for the cities of Kitchener Waterloo. Many people found it interesting. If you missed it you can read it here: Real-Estate.in-KW.com how-long-does-it-take

The chart below gives you an idea about how long it will take to sell a country property, or a MLS listing in one of the neighbouring townships. We have also broken down some of the sales in KW by price range. If you don't see your property on the chart, please feel free to contact us and we will be happy to provide that information to you.

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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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Here is the most recent press release from the Kitchener-Waterloo Association of Realtors®

KITCHENER-WATERLOO'S REALTORS® POST SOLID SALES IN MARCH

KITCHENER-WATERLOO, ON (April 5, 2011) -Sales of residential properties via the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR ) ran slightly above the five-year average for the first quarter.

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Below is a recent press release from the Kitchener-Waterloo Association of Realtors (formerly the Kitchener-Waterloo Real Estate Board).

SOLID HOME SALES ACTIVITY IN FEBRUARY

KITCHENER-WATERLOO, ON (March 3, 2011) -Sales of residential properties via the Multiple Listing System (MLS®) of the Kitchener-Waterloo Association of REALTORS® (KWAR) continued their steady pace in February.

There were a total of 491 residential properties sold last month, a 32.7 percent increased compared to January's results, and a 6.7 percent decrease compared to February of last year.

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Below is the latest press release from the Kitchener-Waterloo Real Estate Board (KWREB)

KITCHENER-WATERLOO, ON (February 3, 2011) -Sales of residential properties by REALTORS® through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) were steady in January.

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It was another successful year for the real estate market in the cities of Kitchener-Waterloo and the surrounding area in 2010. Read more in this press release provided by the KWREB.

Kitchener-Waterloo, ON (January 6, 2010) - The 6,388 homes sold by REALTORS® through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) last year marked the second highest total annual sales in the association's history.

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3,633 homes were sold through the Multiple Listing System (MLS®) of the Kitchener Waterloo Real Estate Board (KWREB) during the first six months of this year, just 96 units short of 2007's record breaking first half. The total value of those sales broke the one billion dollar mark for the first time to the end of June.

According to KWREB, consumers continue to have a strong sense of confidence in the value of home ownership in the region, and they expect the market will remain steady and healthy for the remainder of the year.

The increase in home sales occurred predominantly in the top half of the price range spectrum. There were 2,093 sales of residential properties for more than $250,000 in the first half of the year, compared to 1,446 for the same period in 2009, an increase of almost 45 percent.

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According to this recent press release from the Kitchener-Waterloo Real Estate Board, the local real estate market has remained strong throughout the first half of 2010.

KITCHENER-WATERLOO, ON (July 6, 2010) - During the first half of the year, the number of residential properties sold through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) increased 16 percent.

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It looks like we are going to have another great year for the real estate market in the Kitchener-Waterloo area. As you can see from this press release from the Kitchener Waterloo Real Estate Board (KWREB) our local market is doing very well...

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The 2010 Real Estate year began with the best January ever; beating out the previous record set in January 2006 and seeing the sale of residential properties reach a monthly high for the fifth time in a row. Home sales activity reached 416 residential units, a jump of nearly 64 percent compared to January 2009 and the total dollar volume of residential properties purchased also increased by 84 percent compared to the same month last year.

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As this recent press release from the Kitchener-Waterloo Real Estate Board states, home sales are continuing to surge in the K-W area in March 2010.

MARCH HOME SALES SURPASS THE 700 THRESHOLD

KITCHENER-WATERLOO, ON (April 6, 2010) - For the first time in the month of March, residential property sales through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) surpassed the 700 transactions threshold.

Home sales surged last month to 731 units, an increase of 47.1 percent relative to March 2009 results. In February there were 555 sales.

"Usually we start to see this kind of activity in April and May," said, Ted Scharf, President of the Kitchener-Waterloo Real Estate Board, "but spring has sprung a little earlier this year in terms of home sales."

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According to this recent press release from the Kitchener-Waterloo Real Estate Board, the K-W area real estate market is still going strong.

KITCHENER-WATERLOO, ON (March 3, 2010) - While Canada's athletes were racing for Olympic Gold; Waterloo region's homebuyers were racing to buy real estate. REALTORS® of the Kitchener-Waterloo Real Estate Board (KWREB) traded 553 homes in February through the Multiple Listing System (MLS®) for a total value of $153,120,645, marking a 31.7 percent increase over January's results.

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According to this recent press release from the KWREB, the real estate market in Kitchener-Waterloo and area is off to a great start with the best January on record for the local real estate board.

KITCHENER-WATERLOO, ON (February 3, 2010) - Sales of residential properties through the MLS® System of the Kitchener-Waterloo Real Estate Board (KWREB) last month represented the best January ever, nudging by the previous record set in 2006. It was also the fifth month in a row that home sales in the region reached a monthly high.

Home sales activity reached 416 residential sales last month, a jump of nearly 64 percent compared to January 2009. Relative to December 2009, sales saw a 16.5 percent gain last month.

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In this recent press release from the Kitchener Waterloo Real Estate Board (KWREB), the board states that the local real estate market is continuing on the strong trend that began in 2009.

K-W Home Sales End Year on Strong Note

KITCHENER-WATERLOO, ON (January 6, 2010) - Another new record for residential sales was set by the Kitchener-Waterloo Real Estate Board (KWREB) in December. MLS® home sales hit 356 units to the end of December, a 60 percent increase from the same month one year ago, and a 15 percent increase from the previous record set in 2006.

The steady climb of residential property sales that began in the second quarter brought the year-to-date total in Kitchener-Waterloo and area to 6,467, a 5.8 percent increase over 2008.

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According to a recent press release from the Kitchener-Waterloo Real Estate Board, consumers are showing confidence in the local real estate market.

KITCHENER-WATERLOO, ON (October 5, 2009) - The 531 homes sold last month through the MLS® System of the Kitchener-Waterloo Real Estate Board (KWREB) may be a mere one percent increase relative to one year ago, but is still the most ever recorded in a single September of the board's history.

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