Kevin Sundberg
75 king st s N2J1P2 Waterloo, ON, Canada

Record high numbers were a consistent theme from June through August, as pent-up demand from this spring’s shutdown fueled a market biased strongly in favour of Sellers. Looking at August specifically, a record number of new listings (833 up by 43.8% over last year, and 26.4% higher than the 10-year average for the month) did little to slack Buyers’ thirst for new inventory. Average sale prices for all residential property types were sky-high all summer, with the August ave...rage ending up at $634,409 (up 21% from August last year), and with single detached homes selling at an average price of $734,427 (up 18.9% over last year). A total of 686 homes were sold this past August, representing the most ever recorded in the month for as long as KWAR has been keeping statistics: and a climb of nearly 50% over the same time last year. Meanwhile, the average number of days taken to sell a home fell by 10 down to just 16 days when compared with last year’s average of 26 days. -Lee Quaile (Broker of Record CPW)

This beautiful stately brick home located in the heart of Lindsay's Old Mill District offers a large double lot with fenced back yard and wellkept gardens. With... 3 bedrooms, finished attic and 2 baths, it offers great potential for a growing family or empty-nesters. Full basement is partially finished. Bring your imagination. Steps to downtown, close to schools and all amenities. 15 RUSSELL St E Lindsay For more information please contact Kevin Sundberg - Chestnut Park West - Sales Representative *Click the link in our bio for this and more listings from Chestnut Park West #Brick #JustListed #ChestnutParkWest #ChestnutPark #ChestnutParkRealEstate #Lindsay #OldMillDistrict #DoubleLot #FencedYard #CurbAppeal

The Kitchener-Waterloo Real Estate Market Continues to Move UP! The average sale price of all residential properties sold in July increased 22.8 percent to $639,814 compared to the same month last year, while detached homes sold for an average price of $745,149 an increase of 21.4 percent. Read the full article: https://kwar.ca/?p=4809&preview=true

Sold in just 4 days over asking price.

Check out this new listing at 562 Trico Drive in Cambridge. 562 Trico Drive is a four-level back split located in the perfectly positioned neighborhood of Eagle Valley; an easy walk to public and Catholic schools, right around the corner from the enormous selection of amenities along Highway 24, and less than five minutes off the 401. Virtual Tour:... https://my.matterport.com/show/?m=FTHcbUpHxTY

Homes sold in the KW area were up 57.6 percent compared to the previous month (May). The average Residential home price broke the 600k barrier for the first time and was at $601,285 up 12.8 percent from June 2019. The average detached home price had an increase of 13.2 percent at $698,736. Looking at those stats we can see that the market is once again heating up in KW and COVID-19 is not deterring people from listing and buying homes. Condos were up 13.2 percent with an... average price of $372,392, townhomes were up 11.4 percent, with an average price of $457,851, and Semis were up 17.3 percent with an average price of $504,816. We saw an abundance of new homes hit the market as 920 new listings were added to the MLS, that's up 1.9 percent over the 10 year average for June. We are still seeing low inventory numbers as homes are only sitting on the market for an average of 16 days before they are sold. Thinking of Buying or Selling in this HOT market? I'm here to help!