John Skovsgaard
901 Victoria Street North N2B 3C3 Kitchener, ON, Canada

FROZEN 2 - Client Appreciation Event A Big Success!

Check out the latest listing for the Skovsgaard Team. Don't miss your chance to see this awesome Family Home in Grand River north at Open Houses this Saturday & Sunday from 2-4. Or call me direct at 519 748 7580 for your personal viewing. https://tours.visualadvantage.ca/06105004/

KWAR News Release for September shows a continued strong Real Estate Market for our Region. See below: SECOND STRONGEST SEPTEMBER FOR HOME SALES KITCHENER-WATERLOO, ON (October 3, 2019) 526 residential properties sold through the Multiple Listing System (MLS System) of the Kitchener-Waterloo Association of REALTORS (KWAR) in September, an increase of 17.7 per cent compared to the same month last year. ...Continue reading

Newest Listing for the Skovsgaard Team. Contact Eric Direct: 519 635 9888 for details on this amazing Blue Springs Condo! Check out the exciting virtual tour through this link. https://tours.visualadvantage.ca/f4505101/

The latest Market Stats are out for June and show a continued strong Real Estate market for our region. Below is the full report from the Kitchener - Waterloo Association of Realtors: STRONG HOME SALES IN JUNE... KITCHENER-WATERLOO, ON (July 4, 2019) 658 residential properties sold through the Multiple Listing System (MLS System) of the Kitchener-Waterloo Association of REALTORS (KWAR) in June, representing an increase of 8.8 per cent compared to the same month last year. Home sales in June included 404 detached (up 8.9 per cent), and 50 condominium apartments (down 28.6 per cent). Sales also included 159 townhouses (up 27.2 per cent) and 45 semi-detached homes (up 15.4 per cent). Home sales continued their strong momentum from last month, says Brian Santos, KWAR President. On a year-to-date basis we’re seeing sales have increased slightly over last year’s mid-year mark. A total of 3,154 homes have sold in Kitchener-Waterloo and area during the first half of this year, an increase of 1.4 per cent compared to 2018. The average sale price of all residential properties sold in June increased by 8.9 per cent to $533,619 compared to June 2018. Detached homes sold for an average price of $618,186 an increase of 7.9 per cent compared to June of last year. During this same period, the average sale price for an apartment style condominium was $332,716 for an increase of 4.4 per cent. Townhomes and semis sold for an average of $411,126 (up 10.7 per cent) and $430,427 (up 9.9 per cent) respectively. The median price of all residential properties sold last month increased 9.9 per cent to $494,500, and the median price of a detached home during the same period increased by 11.7 per cent to $581,500 REALTORS listed 888 residential properties in K-W and area last month, an increase of 4.3 per cent compared to June of 2018, and a slight increase of 0.5 per cent in comparison to the previous ten-year average for the month of June. The total number of homes available for sale in active status at the end of June totalled 890, a decrease of 10.8 per cent compared to June of last year, and well below the previous ten-year average of 1,581 listings for June. Months Supply of Homes for sale stood at 1.8 months in June, which is 14.3 percent lower than the same period last year. We’re still in a solid seller’s market situation heading into the summer months, says Santos. While more new listings are coming onto the market, strong buying demand is keeping supply tight. The average days it took to sell a home in June was 20 days, compared to 22 days in June 2018