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K-W REAL ESTATE MARKET UPDATE DECEMBER 2016
2016 WAS UNPRECEDENTED FOR HOME SALES IN WATERLOO REGION

Hello Everyone,

A high demand for homes in Kitchener Waterloo has continued to benefit sellers but challenge buyers. The region remains attractive with its low mortgage rates, a growing population and a diverse economy.

Read the full KWAR report 
 
Real Estate Sales - A Year in Review
Comparing 2016 to 2015

Prices
  • Overall Residential average price UP 10.8% to $387,404
  • Average Detached home price UP 12.5% to $451,738
  • Average Apartment Condo price UP 3.6% to $229,676
  • Average Townhouse price UP 9.9% to $287,396
  • Average Semi Detached Price UP 11.8% to $300,806
Volume
  • 6,655 Residential sales through the KWAR’s MLS® System UP 18.1%
  • 8,003 Residential listings processed through  KWAR’s MLS® System DOWN 9.7%
  • 4,203 Detached homes sales UP 16.5%
  • 1,511 Condos sales UP 28.1%
  • 430 Freehold Townhouse sales UP 7.2%
  • 430 Semi Detached sales UP 6.2%

If you would like any other statistical data, such as neighbourhood statistics, etc..EMAIL ME.
LOCAL MARKET SNAPSHOTS
I always love to hear from you and to receive updates, so please remember to let me know if you CHANGE YOUR EMAIL ADDRESS by emailing me

Thank you for your continued business and referrals, it is appreciated so much, as my past business is truly my future business.

This email is intended for my past and present clients, if you have been added incorrectly to this address list, or if you do not wish to continue to be on this email list, please use the unsubscribe link at the end of this message..
ReMax Twin City Realty Inc., Brokerage
83 Erb Street W, Waterloo, On, N2L 6C2
1.519.885.0200   |   Office
1.519.589.6399   |   Mobile
 
Serving Kitchener-Waterloo and surrounding areas since 2002
 
TOP TEAM 2010, 2012, 2013, 2014 and 2015*
Platinum Sales Award 2014
Top 100% Club ReMax Canada for ReMax Twin City Realty Inc
 
GETTING STARTED….. http://www.crea.ca/resources
 

 *For ReMax Twin City Realty Inc

 
Click Here for Past Newsletters & Statistics
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Tammy Nolan, Broker
519-589-6399

**
tammy@tammynolan.ca
www.tammynolan.ca
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