Local Real Estate News

Kitchener-Waterloo housing market steady May 2018

A residential sales report for the month of May 2018 was recently released by the Kitchener Waterloo Association of Realtors. Homeowners will find that residential property values have continued to hold stable or just below the threshold of our region’s peak sale prices during May 2017. Overall, listing inventory is up nearly 30% from last year (although well below the historical average). Sales volume is down 15% year over year for the month of May but up 12% compared to April of 2018.

Buyers will find a much more stable market to select property compared to the same time last year, especially in property ranging above the $500,000+ mark. Entry level detached and freehold property below this threshold is still moving very quickly. The average DOM (days on the market) for property $500,000 or less sold in the last 30 days in Kitchener Waterloo was still a mere 13 days, with the list price to sales price ratio at 102.48%. This indicates multiple offers are still common and these listings tend to sell over list price. Likewise, the average DOM for local residential property $500,000 plus was 26 days while the list-price sale-price ratio was a little lower at 99.18% indicating a pace that is less brisk but still strong for Sellers.


As always, should you have questions regarding this report or what your home is worth please don’t hesitate to Contact Us here or simply give us a direct call. Establishing the value of an individual property is much more complex than simply looking at sales averages. If you’d like to learn more about that process, please visit us HERE.


If you are a Buyer trying to gain a sense of the market, we would be happy to assist you, Buyers can expect market valuations on potential purchases and notifications of listings the minute they hit the market, you can read more about that HERE.

  • Let's get started, contact us TODAY.

  • This field is for validation purposes and should be left unchanged.

Recent Posts


You Should Choose Benjamins Realty Inc?

Here at Benjamins Realty Inc we all take becoming a real estate agent quite gravely. We all know that undoubtably any time folks are searching to get a capable realtor in Kitchener these people prefer the finest. That's why we truly strive to stay the smartest real estate agent we all could possibly be within Ontario. It is our devotion to really remaining the greatest that has generated all of us such significant honor here with each of our purchasers.

As a capable realtor in Kitchener all of us of course constantly try to commit to understand all of our clienteles' questions with extreme diligence and with no judgment. We without fail make time. All of us feel it is genuinely crucial to be certain clients feel truly recognized and taken care of.

Now there are not a lot of real estate agent which possess the exact skills coupled with background to brand their service as a mentor inside their field. Combine this along with a great amount of customer support and we really feel we are the ideal capable realtor in Kitchener in Ontario.

Ready to learn how to start?

It all gets underway with a phone call.

Phone (519) 575-9092.

We will be happy to go over your real estate agent needs in more detail over the phone or maybe by way of e-mail in case that is preferable for yourself. After that we can recommend the solution which idealy works with your needs. Learn precisely why people now call us the right capable realtor in Kitchener!

Still Require Prodding? Some Other Outstanding Reasons Benjamins Realty Inc is really A Realtor In Kitchener

Commitment to Elite Quality - A Realtor In Waterloo and A Real Estate Agent In Kitchener

Our commitment to top quality is actually extraordinarily high. When you're trying to be a capable realtor in Kitchener or a capable realtor in Kitchener, there's really not one other alternative but to do your absolute best to outshine. If a specified client calls for more time, we provide that client extra time. Almost anything to be certain they are ecstatic with us all as a real estate agent. Always remember, we do work in pretty much all of Ontario, and so make sure you get in touch.

Perseverance - A Real Estate Agent In Waterloo and A Real Estate Listing Service In Kitchener

Our cherished customers have sometimes labeled our business as a capable realtor in Kitchener, a capable realtor in Kitchener, a capable realtor in Kitchener and also the leading Ontario based real estate agent that exists! Honestly this doesn't just happen unless there's incredibly hard toil and also resolve for the businesses customers together with the top quality bestowed within your finished product. If you might be looking to find a capable realtor in Kitchener, all of us absolutely believe that we're honestly the preferred pick. Simply phone Benjamins Realty Inc to talk about what you want right away! (519) 575-9092.

Experience - A Real Estate Listing Service In Waterloo and A Capable Realtor In Kitchener

In any given landscape, expertise is usually a crucial factor in relation to results. If perhaps you might be needing a capable realtor in Kitchener, well then that is more real. Being a real estate agent, all of us will definitely show you categorically how the quality is dictated simply by the previous experience of the firm that you've been contracting. The very massive level of working experience that Benjamins Realty Inc offers in being a capable realtor in Kitchener, is simply why anyone must believe in us all with your business. In case you happen to be shopping to get a capable realtor in Kitchener, believe in Benjamins Realty Inc. Definitely speak to us today.

Call Immediately for a Obligation Free Assessment!

We won't be underpriced. Don't pay ridiculous rates because you didn't talk with us all. Certain you were quoted an outstanding value ? Need to be positively confident? Talk to us here. You might just simply find that we're in fact better quote. Plenty of clientele have previously.

Choosing the right real estate agent to engage is a confusing undertaking. Go with the best selection. Why don't you make contact with us with actually zero obligations to check on your own if we all are actually the perfect real estate agent for your criteria.

Call Today!

(519) 575-9092 [/BREAK]