Kitchener-Waterloo Real Estate Board
MLS® Statistics
In Town Residential Properties
©George Patton, Broker
| July 09 | July 10 | Change | % | |
| Listings | 1,303 | 1,437 | 134 | 10.28 |
| Sales | 491 | 379 | (112) | (22.81) |
| % Volume | 137,520,000 | 107,971,000 | (29,549,000) | (21.49) |
| Average Sale Price | 280,080 | 284,880 | 4,800 | 1.71 |
| Median Sale Price | 250,000 | 263,000 | 13,000 | 5.20 |
Year to End of Month of July
| 2009 | 2010 | Change | % | |
| Total Residential Sales | 2,930 | 3,114 | 184 | 6.28 |
| Total $ Volume | 768,671,000 | 890,644,000 | 121,973,000 | 15.87 |
Previous 12 Month Period Versus Last 12 Month
| Aug 08 - Jul 09 | Aug 09 - Jul 10 | Change | % | |
| Total Residential Sales | 4,556 | 5,045 | 489 | 10.73 |
| Total $ Volume | 1,194,101,000 | 1,400,309,000 | 206,208,000 | 17.27 |
All information based on MLS® data owned by Kitchener-Waterloo Real Estate Board covering, 01/01/91 to 31/07/10, is considered accurate but cannot be guaranteed. Listing numbers based on number as of last business day of month. Sales information does not include properties listed for rent & rented or those which do not provide year-round occupancy.
NOTES: Our quietest July since 2002. Although the percent drop from 2009 looks significant, compared to June it only several percentage point above traditional summer slowdowns. Sales 'year-to-date' still remain ahead of 2009 totals. Both average and median prices took a step back from their record heights as sales in the $300-$400,00 price range weakened. Strongest activity was in the $220-$290,000 range. If activity continues as in past years we can expect August numbers below July's but a bounce back with a fall market starting in September.
George Patton