Kitchener Waterloo Real Estate Board Statistics for September 2009

By Warren McNeil

     The Table below shows the most relevant real estate data for the month of Sept 2009 and compares it with the previous month and the previous year, Aug 2009 and Sept 2008, respectively. This information is for single detached only.

If you can’t view the table below, see
http://www.teammcneil.com/blog/2009/10/08/kitchener-waterloo-real-estate-board-statistics-for-september-2009

 

 

 

WATERLOO REGION (ALL Areas)

(Aug 09)

(Sept 09)

 (Sept 08)

UNITS SOLD 

365 SOLD

 335 SOLD

 337 SOLD

ACTIVE LISTINGS (END of PERIOD)

 1356 ACTIVE

 1303 ACTIVE

 1595 ACTIVE

AVERAGE PRICE SOLD

 $290,891

 $285,882

 $291,998

AVERAGE DAYS ON THE MRKT

 45 DAYS

 48 DAYS

 49 DAYS

SALE PRICE TO LIST PRICE RATIO 97.9% 97.9% 97.6%

In addition to the above stats, the board is reporting a record month for home sales in the Kitchener-Waterloo area. 531 houses sold in September. Here’s a quote from the media realease.

“Sales last month totalled $135,379,151 (up .6 percent from September 08) and included 335 detached homes (down 0.6 percent from September 08), and 102 condominium units (down 8.1 percent from September 08). It was the increase in sales of semis and townhouses that pushed September sales over last year, with an overall 18 percent increase to 86 units last month.”

For the full report, see http://www.kwreb.on.ca/Stats/September%202009%20Media%20Release.pdf

This is good news and shows that we still have a really strong real estate market. Interest rates, government rebates and increased consumer confidence are all playing a big part to achieve these numbers.

 

 

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil | Re/Max Twin City Realty, Brokerage
( 519.579.4110 | * Click Here to Email | 8 www.TeamMcneil.com, www.ClickThatBlog.com

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MLS Search Tip

Search MLS, Kitchener MLS, MLS Home Search, Waterloo MLSHi All,

Here are some tips if you are getting frustrated with your home search. Some people have trouble finding what they are looking for on the MLS. I have also found that some time the search doesn’t work as well as expected. When we first list a property it can take a day or two for it to propgate to realtor.ca or mls.ca. The reason for this is the data might take a day to get to the local real estate board and then it still has to get uploaded to realtor.ca/mls.ca and then displayed to the public.

I have also found that sometimes houses listed by agents who are out-of-board take a while longer to display. I have found the following tip really useful to help you find what you are looking for.

Use Advanced Search….

Most people who don’t use the Advanced search usually get frustrated really quickly. This search in my opinion, is the best way to use mls.ca.

Thanks for reading!!

Warren & Melanie McNeil | Real Estate Sales Representatives, Team McNeil | Re/Max Twin City Realty, Brokerage
( 519.579.4110 | * Click Here to Email | 8 www.clickthathouse.com, www.teammcneil.com/blog

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wmcneil Filed under: Kitchener-Waterloo,MLS — Tags: , , , — wmcneil @ September 25, 2009 1:27 pm


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