Posts Tagged ‘Waterloo Buyers’
Monday, January 6th, 2020
Kitchener Market Snapshot for 2019

2019 A STEADFAST YEAR FOR HOME SALES IN KW
Sales Dip in December, While Prices Continue to Escalate
KITCHENER-WATERLOO, ON (Jan 6, 2020) ––There were 5,925 residential homes sold through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® in 2019, an increase of 1.6 per cent compared to 2018. Contrasted to past years, 2019’s annual sales were 2.3 per cent below the previous 5-year average, and 3 per cent above the previous 10-year average.
On a monthly basis, sales dipped 9 percent compared to last year, with 244 home sales in the month of December.
“Overall, it was a steadfast pace of home sales in 2019,” says Colleen Koehler, President of KWAR. “When annual home sales in Kitchener-Waterloo hit near 6000 transactions, I consider it to be a strong real estate market.”
Total residential sales in 2019 included 3,590 detached (up 5.9 per cent), and 648 condominium units (down 7.8 per cent) which includes any property regardless of style (i.e. semis, townhomes, apartment, detached etc.). Sales also included 421 semi-detached homes (down 0.7 per cent) and 1,266 freehold townhouses (down 3.7 per cent).
The average sale price of all residential properties sold in 2019 increased 9.3 per cent to $527,718 compared to 2018. Detached homes sold for an average price of $614,743 an increase of 7.1 per cent compared to 2018. During this same period, the average sale price for an apartment style condominium was 332,409 for an increase of 9.6 per cent. Townhomes and semis sold for an average of $409,979 (up 10 per cent) and $439,844 (up 11 per cent) respectively.
The median price of all residential properties sold last year increased 10.1 per cent to $490,000 and the median price of a detached home during the same period increased 8.6 per cent to $570,000.
“In 2019, the lack of supply continued to be a hurdle for anyone who was trying to buy their first home, move-up from their current residence, or downsize. This ongoing state of the market caused further escalation of home prices in 2019. With interest rates expected to stay low in the year ahead combined with Waterloo region’s ongoing growth, I expect 2020 will see more price gains alongside a steady increase in sales,” says Koehler.
The number of months of inventory averaged 1.5 throughout the year, hitting its highest point in May when there was 2.1 months of supply, and ending the year at 0.7 (3-4 months supply is historically normal for Waterloo region). The average days to sell in 2019 was 23 days, compared to 24 days in 2018 and a previous 10-year average of 38 days.
Dollar volume of all residential real estate sold last year increased 10.9 per cent to $3.1 Billion compared with 2018.
While the majority of residential MLS® System activity is properties for sale, REALTORS® are increasingly representing landlords and tenants. Last year 733 residential leases occurred through KWAR’s MLS® System, which is on par with last year and, 2.5 times as many as just four years ago.
Historical Sales by Property Type

Months Supply of Homes for Sale

Historical Median Sales Price – By Property Type

Average Sales Price – By Property Type

Historical Sales – By Price Range

Average Days on Market

Tags: buyers, for sale, Homes For Sale, kitchener, kitchener real estate, kitchener-waterloo, kitchener-waterloo association of realtors, KW Market Update, Market Update, real estate, real estate market, realtor, riz jadavji, royal lepage, Royal Lepage Wolle Realty, sales representative, the riz team, waterloo, Waterloo Buyers, waterloo for sale, Waterloo Homes, waterloo real estate, waterloo realtor, Waterloo Sellers
Posted in Market Stats, Market Update | Comments Off on Kitchener Market Snapshot for 2019
Friday, September 8th, 2017
A total of 483 residential sales occurred through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR) in August. This was 19.2 per cent below August 2016’s record breaking 598 units sold but still ahead of the previous 5-year August average of 473 sales. Residential sales last month brings a year-to-date total of 4,876 residential units, an increase of 3.7 per cent compared to 2016. “I think we’re seeing some stability return to the market” says James Craig, President of KWAR. “Last summer’s record setting sales was unsustainable and created a market that no one enjoyed.”

Tags: home sales, Kitchener Buyers, kitchener real estate, kitchener-waterloo, kitchener-waterloo association of realtors, Market Update, rizsellskw, Royal Lepage Wolle Realty, TheRizTeam, Waterloo Buyers, Waterloo Sellers, KWrealestate, KWawesome
Posted in Kitchener Buyers, Kitchener Sellers, Market Update, News From the City, Real Estate News, Waterloo Buyers, Waterloo Sellers | Comments Off on Steady Home Sales in August….
Monday, July 27th, 2015
Screen doors let the breeze in and keep the bugs out. They open your home to the sounds and scents of summer, and help cool your house without wasting energy on air conditioning. Want to let in a little more summer this year? Here’s what you need to know about picking the perfect door.
Screen doors have come a long way from the hard-to-open metal models and flapping wood doors of your childhood. Available in metal, vinyl or wood, many feature smooth hydraulic or pneumatic closers and springs or chain stops that keep them from slamming shut or swinging open. Designed for both practicality and curb appeal, doors are available in a wide variety of colours, styles and finishes. Your choices include:
1. Basic vinyl or aluminum. Durable and affordable, these doors come in a surprising variety of attractive styles; you’ll find everything from traditional designs to art deco-inspired geometrics.
2. Storm/screen door combo. Traditionally, people replace the screen door with a storm door in the winter. A combination door makes the “swap” easier; simply remove or slide the glass down in summer and replace it with a screen.
3. Wood. From rustic doors featuring carved animals to pretty “granny doors,” wood can really add to the look of your home. However, winter cold and damp can be hard on them, so manufacturers suggest that you take them down when it gets cold to prevent warping.
4. Sliding. Inexpensive and easy to maintain, sliding screen doors that go with patio doors make it easy to open up your home to a fresh breeze.
5. Retractable screens. If you don’t like the look of a screen door, these are a great option, and are available at your local home improvement store. Screens pull out from the sides and lock shut with a magnetic catch. Handy homeowners will be able to install them with little effort.
With the right screen door for your home, comfort and curb appeal are a breeze!
Tips for installation
Thinking about installing your screen door yourself? Manufacturers include installation instructions that only require hand tools, but most DIY resources suggest an intermediate level of “handiness.” If that doesn’t sound like you, consider using an experienced carpenter or the store’s installation service.
Condo Cool
You don’t have to live in a house to kick back and enjoy the breeze. Welcome summer into your space by installing a screen door to your balcony. It’s a great way to make your indoor and outdoor spaces feel unified and to make your condo feel more spacious.
Tags: buyers, for sale, home sales, Homes For Sale, kitchener, Kitchener Buyers, kitchener for sale, Kitchener Homes, kitchener real estate, kitchener realtor, kitchener-waterloo, kitchener-waterloo association of realtors, riz jadavji, Riz Sells KW, rizsellskw, rizsellskw.com, royal lepage, Royal Lepage Wolle Realty, Waterloo Buyers, waterloo for sale, Waterloo Homes, waterloo real estate, waterloo realtor, Waterloo Sellers, www.rizsellskw.com
Posted in Enhance Your Home, For Sale, From The Riz Team, Kitchener Buyers, Kitchener Sellers, Realtor Tips, Uncategorized, Waterloo Buyers, Waterloo Sellers | Comments Off on Screen Door Decor
Monday, June 29th, 2015
Canada Day Local Events
Canada Day @ Waterloo Region Museum (DOON)
9:30 a.m. to 5:00 p.m. FREE Admission! Waterloo Region Museum is throwing a party to celebrate Canada Day and everyone is invited! Admission is FREE to the museum and Doon Heritage Village for this fun family event including musical entertainment, fun games like croquet and horseshoes. Guests bring your own picnic lunch or purchase a tasty BBQ lunch.
Columbia Lake Events starting at 4:00 P.M
~ featuring Bobs & LoLo and TVOKids host Gisele
~ featuring live performances by The Strumbellas and Kim Mitchell
~including face painting, water slide, inflatable rides and more
~featuring Waterloo Brewing Co. and a diverse range of local food vendors
~Fireworks finale at 10 p.m.
Kitchener City Hall
Come celebrate Canada Day with us in Downtown Kitchener from 4 p.m. – 11 p.m. This exciting celebration will feature live Canadian entertainment, fireworks from the roof top of Kitchener City Hall, a licensed beer garden, downtown vendors to satisfy your hunger, and much more!

Tags: buyers, home sales, Homes For Sale, kitchener, Kitchener Buyers, Kitchener Homes, kitchener real estate, kitchener realtor, Kitchener Sellers, kitchener-waterloo, kitchener-waterloo association of realtors, kw, Riz Sells KW, rizsellskw.com, royal lepage, Royal Lepage Wolle Realty, Waterloo Buyers, www.rizsellskw.com
Posted in Kitchener Buyers, Kitchener Sellers, Local Events, News From the City, Real Estate News, Uncategorized, Upcoming Events, Waterloo Buyers, Waterloo Sellers | Comments Off on Canada Day July 1st, 2015
Wednesday, June 17th, 2015

Remaining objective can be a difficult task when viewing an open house. It is easy to fall in love with a home’s appearance, blind to problems that may make it unsuitable. While aesthetics can be an important consideration, it is necessary to look beyond window-dressing.
Aqualified home inspector should be hired before purchasing a home, but there are areas that consumers can examine on their own. This will shorten your list of potential homes and reduce the likelihood that a home inspector will reject it as unsafe or unsuitable. Here are some considerations and common problem areas to look for when touring an open house:
General Upkeep
Much can be surmised from the general state of the home. Is the home clean? Are lawns left uncut? Are the walls chipped and in need of paint? If smaller chores have been ignored it may be an indication of a broader disregard for home maintenance.
Water Leaks
Check ceilings and drywall for stains, bulges and other signs of water damage. Water that works its way inside via a leaky roof or a cracked foundation can rot wood, create mildew and mold, destroy possessions and can be expensive to repair.
Does it Work?
Test lights, faucets, the heater, air conditioning, major appliances (that are to be included with the home) – even flush the toilets to ensure everything is working as it should.
Floors
As you walk across the floors be aware of spongy (soft or springy) sections. Excessive squeaking and uneven, bumpy floors may also be indicative of expensive forthcoming repairs.
Doors & Windows
Check that doors and windows fit snugly in their jambs and operate smoothly. Look for flaked paint and loose caulking. If the wood around windows and doors is not protected from moisture, it can rot away. Feel for drafts in these areas too.
Poor Drainage
On a wet day walk around the yard and look for areas where water collects. This can be an especially bad sign if there are soggy areas near the home’s foundation.
Grout & Caulking
If the grout and caulking around bathroom and kitchen tiles is loose and crumbly, there is a good chance that water is finding its way into the wall or under the floor.
Structural
Although this is definitely an area where you want the services of a qualified home inspector, you can get an idea about possible structural problems if you see deep cracks in the foundations or loose mortar and bricks.
Miscellaneous Concerns
Naturally, one the most important factors will be determining if the house suits your family’s needs. If you do not want to replace all of your furniture, make sure it will fit into the rooms of the new house. This is difficult to do by eye, so be sure to bring a measuring tape. Also, take note of storage space. If you are moving from a home with large closets and a shed, make sure your new house is able to store an equivalent amount of belongings.
Tags: buyers, easy home improvement tips, for sale, home, home sales, home staging, Homes For Sale, house, housing, kitchener, Kitchener Buyers, kitchener realtor, Kitchener Sellers, kitchener-waterloo, kitchener-waterloo association of realtors, preparing to sell, real estate, real estate market, realtor, riz jadavji, rizsellskw, rizsellskw.com, Royal Lepage Wolle Realty, sales representative, waterloo, Waterloo Buyers, Waterloo Homes, waterloo realtor, Waterloo Sellers, www.rizsellskw.com
Posted in Enhance Your Home, For Sale, From The Riz Team, Kitchener Buyers, Kitchener Sellers, Real Estate Listings, Realtor Tips, Uncategorized, Waterloo Buyers, Waterloo Sellers | Comments Off on Viewing an Open House with Open Eyes
Thursday, June 4th, 2015

… For Buyers and Your Neighbours
The summer months are the perfect time to freshen up the exterior of your home. Whether it’s for your pleasure or to impress potential buyers, you’ll boost your home’s curb appeal with these good old-fashioned cleaning tips:
– Edge the gardens, clean out debris
– Pull the weeds and rake the leaves
– Prune the plants and wooly shrubs
– Plant some urns by the entrance and flowers to the beds
– Tidy the garage of winter trappings
– Dispose of rusty broken garden décor
– Put out a fresh welcome mat and oil the front door
– Paint the windowsills, mailbox, and anything else that is looking tired
– Place clear light bulbs in exterior fixtures, and ensure burned out bulbs are replaced
– Reseal the driveway
– Hide the garbage cans
– Sweep the step
– Fix the saggy gutters
Who says cleaning has to hurt? Get the kids involved! Borrow or buy a power washer and have fun cleaning siding, windows, sills, railings, decking and patio furniture.

Tags: boost home curb appeal, buyers, de-clutter, easy home improvement tips, exterior homes, for sale, freshen up, home, home sales, home staging, house, housing, impress potential buyers, kitchener, Kitchener Buyers, kitchener for sale, Kitchener Sellers, kitchener-waterloo, kitchener-waterloo association of realtors, realtor, riz jadavji, rizsellskw, rizsellskw.com, Royal Lepage Wolle Realty, Waterloo Buyers, waterloo real estate, Waterloo Sellers, www.rizsellskw.com
Posted in For Sale, From The Riz Team, Kitchener Buyers, Kitchener Sellers, Real Estate Listings, Real Estate News, Realtor Tips, Waterloo Buyers, Waterloo Sellers | Comments Off on First Impression Counts!
Wednesday, October 15th, 2014

21st Anniversary Wolle Christmas Classic
Food Bank Drive
(In support of The Food Bank of Waterloo Region)
Saturday, December 6th, 2014
Royal LePage Wolle Realty invites you to share the spirit of the holidays by participating in our Christmas Food Bank Classic. We will be sending invitations out soon for tickets, but for now we are reaching out for donations.
This year is the 21st anniversary of our event and we would like to make it our best year ever!
Once again, this year’s Christmas Food Bank Classic will collect FOOD and CASH donations for The Food Bank of Waterloo Region. In the past 20 years, we have collected over 20,000 pounds of food and raised $83,000 for The Food Bank. Our utmost gratitude goes out to all our sponsors for their continued support.
Sadly, not everyone will be able to enjoy the holidays, as most of us will. Each year, more than 85,000 emergency food hampers are distributed throughout Waterloo Region. Approximately 46% of food hamper recipients are single parent and two-parent families. About 15% of households have a part-time or full-time job. 24% are receiving Ontario Disability Support. 37% are children under the age of 18. Putting food on the table will be just one of the many challenges they face not just during the holiday, but every day.
On December 6th we will collect food donations in lieu of admission for a private cinematic movie screening for our clients and their families which will feature a very special visit from Santa Claus, face painters and goodie bags for the kids.
But we would like to do better! That is why we NEED your help. Your corporate donation will help us make an even better difference!
Please join us in helping The Food Bank by making a generous donation of food or cash. A donation of $100 will provide 300 meals. Donations can be made in person at our office, mailed to our office at the address below or below to donate online (please mark a special occasion as Wolle Christmas Classic) Please make your cheque payable to The Food Bank of Waterloo Region. A tax receipt will be issued by The Food Bank for your generous donation. We will recognize all corporate donors on the day of the event and in local publications. Donations will be accepted up to December 5th.
Our wish is for everyone to have a happy holiday!
At this special time of year, we would like to thank you for joining us in making a difference.
TO DOWNLOAD A PDF COPY OF THIS REQUEST:
CLICK HERE
For more information, please contact:
ROYAL LEPAGE WOLLE REALTY
842 Victoria St., N.,
Kitchener, Ontario
N2B 3C1
PHONE (519) 578-7300
FAX: (519) 742-9904
EMAIL: info@wollerealty.com
TO DONATE ONLINE: CLICK THE “DONATE NOW” BELOW AND MAKE SURE TO CLICK “MARK A SPECIAL OCCASION” THEN SELECT “WOLLE CHRISTMAS CLASSIC”

Tags: Homes For Sale, kitchener, Kitchener Buyers, Kitchener Homes, kitchener real estate, Kitchener Sellers, real estate, Riz Sells KW, waterloo, Waterloo Buyers, Waterloo Homes, waterloo real estate, Waterloo Sellers
Posted in Annual Events, From The Riz Team, Kitchener Buyers, Kitchener Sellers, Waterloo Buyers, Waterloo Sellers | Comments Off on 21 Anniversary Wolle Christmas Food Bank Classic
Wednesday, July 2nd, 2014
Tags: for sale, Homes For Sale, kitchener, Kitchener Buyers, Kitchener Homes, kitchener real estate, Kitchener Sellers, real estate, Riz Sells KW, waterloo, Waterloo Buyers, Waterloo Homes, waterloo real estate, Waterloo Sellers
Posted in For Sale, Kitchener Buyers, Kitchener Sellers, Real Estate Listings, Waterloo Buyers, Waterloo Sellers | Comments Off on Living Here
Thursday, April 17th, 2014
Tags: for sale, Homes For Sale, kitchener, Kitchener Buyers, Kitchener Homes, kitchener real estate, Kitchener Sellers, real estate, Riz Sells KW, waterloo, Waterloo Buyers, Waterloo Homes, waterloo real estate, Waterloo Sellers
Posted in For Sale, Kitchener Buyers, Kitchener Sellers, Real Estate Listings, Real Estate News, Realtor Tips, Waterloo Buyers, Waterloo Sellers | Comments Off on An array of our Luxury Collection of Homes- Spring 2014
Monday, March 10th, 2014
Tags: for sale, Homes For Sale, kitchener, Kitchener Buyers, Kitchener Homes, kitchener real estate, Kitchener Sellers, real estate, Riz Sells KW, waterloo, Waterloo Buyers, Waterloo Homes, waterloo real estate, Waterloo Sellers
Posted in For Sale, Kitchener Buyers, Kitchener Sellers, Real Estate Listings, Real Estate News, Realtor Tips, Waterloo Buyers, Waterloo Sellers | Comments Off on Home Sales Steady in February