LISTINGS INCREASE WHILE HOME SALES SLOW IN MAY
- June 10, 2022
- 08:19 pm
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
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
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
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
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
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
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
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
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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