Kitchener Real Estate Board Statistics for Sept 2008

Here are board statistics for the Kitchener-Waterloo real estate board. Please note that the information here is only based on residential real estate. If you would like a more detailed report, please contact Melanie or Warren.

July 2008 – Sept 2008

(Single-Family All Categories (Condo, Towns, Semis, Singles), All Areas)

 

CATEGORIES

JULY 08

AUG 08

SEPT 08

Total Active at End

1941

1921

1990

 

Total Sold

657

466

527

 

Total Expired or Withdrawn

302

326

381

 

Average Days on the market

41

48

48

 

Sale Price vs. List Price Ratio

97.9%

97.8%

97.9%

 

Average Selling Price

$267,513

$265,952

$255,700

 

             

 

May 2008 – July 2008 (Single-Family Detached, All Areas)

CATEGORIES

JULY 08

AUG 08

SEPT 08

Total Active at End

1486

1459

1485

Total Sold

430

311

337

Total Expired/Withdrawn

255

271

304

Average Days on market

42

49

49

Sale Price vs. List Price Ratio

97.6%

97.5

97.6

Average Selling Price (Single-Detached)

$307,865

$301,976

292,034

 

 

Unit Sales and Average Price from 2000 – July 2008 (All Residential Listings)

 

YEAR

AVERAGE SALE PRICE

PERCENT CHANGE

2000

157,260

7.33%

2001

164,526

4.62%

2002

177,585

7.94%

2003

188,849

6.34%

2004

205,815

8.98%

2005

220,569

7.17%

2006

235,597

6.81%

2007

248,879

5.64%

2008

264,417 (YTD)

6.66%

 

 

 

All information deemed to be accurate and based on monthly statistics of the Multiple Listing Service gathered by the Kitchener Waterloo Real Estate board.

Thanks for reading!

 

Melanie & Warren McNeil
Sales Representatives
Re/Max Twin City Realty Inc. Brokerage
901 Victoria Street North
Kitchener ON, N2B 3C3

Phone: 519-579-4110
web:
www.clickthathouse.com
email: Email Melanie & Warren