Market Stats for May 2022 - Rego Realty

LISTINGS INCREASE WHILE HOME SALES SLOW IN MAY

Subheading- With the announcement from the Bank of Canada about another interest rate hike this week we may see a resurgence of buyers who have locked in at a lesser rate, but as borrowing costs continue to increase, we should expect demand will continue to soften, particularly in the more entry-level segment of the market.

Kitchener

homepage

Single Family
Median Sales Price : $890,000
Percentage Increased
from May 2021
: 13.4%
NO. of new listings : 532
Median Days on Market : 8
Nos. of Sales : 232

Semi-detached
Median Sales Price : $719,500
Percentage Increased
from May 2021
: 9.4%
NO. of new listings : 53
Median Days on Market : 7
Nos. of Sales : 26

Townhouse
Median Sales Price : $724,000
Percentage Increased
from May 2021
: 27.00%
NO. of new listings : 198
Median Days on Market : 11
Nos. of Sales : 89

residential-apartments

Condo
Median Sales Price : $487,500
Percentage Increased
from May 2021
: 13.40%
NO. of new listings : 113
Median Days on Market : 14
Nos. of Sales : 52

WATERLOO

homepage

Single Family
Median Sales Price : $976,500
Percentage Increased
from May 2021
: 14.90%
NO. of new listings : 206
Median Days on Market : 7
Nos. of Sales : 107

Semi-detached
Median Sales Price : $710,000
Percentage Increased
from May 2021
: 8.40%
NO. of new listings : 20
Median Days on Market : 11
Nos. of Sales : 9

Townhouse
Median Sales Price : $675,000
Percentage Increased
from May 2021
: 9.30%
NO. of new listings : 51
Median Days on Market : 10
Nos. of Sales : 9

residential-apartments

Condo
Median Sales Price : $570,000
Percentage Increased
from May 2021
: 32.60%
NO. of new listings : 92
Median Days on Market : 9
Nos. of Sales : 43

CAMBRIDGE

homepage

Single Family
Median Sales Price : $843,250
Percentage Increased
from May 2021
: 11.70%
NO. of new listings : 287
Median Days on Market : 8
Nos. of Sales : 154

Semi-detached
Median Sales Price : $687,450
Percentage Increased
from May 2021
: 10.90%
NO. of new listings : 33
Median Days on Market : 7
Nos. of Sales : 18

Townhouse
Median Sales Price : $737,500
Percentage Increased
from May 2021
: 7.70%
NO. of new listings : 84
Median Days on Market : 8
Nos. of Sales : 32

residential-apartments

Condo
Median Sales Price : $555,000
Percentage Increased
from May 2021
: 12.10%
NO. of new listings : 20
Median Days on Market : 13
Nos. of Sales : 9

GUELPH

homepage

Single Family
Median Sales Price : $950,000
Percentage Increased
from May 2021
:11.80%
NO. of new listings : 221
Median Days on Market : 9
Nos. of Sales : 119

Semi-detached
Median Sales Price : $767,500
Percentage Increased
from May 2021
: 9.60%
NO. of new listings : 35
Median Days on Market : 9
Nos. of Sales : 0

Townhouse
Median Sales Price : $702,000
Percentage Increased
from May 2021
: 8.00%
NO. of new listings : 85
Median Days on Market : 9
Nos. of Sales : 40

residential-apartments

Condo
Median Sales Price : $598,000
Percentage Increased
from May 2021
: 22.00%
NO. of new listings : 74
Median Days on Market : 10
Nos. of Sales : 25

Market Stats

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