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July Newsletter - Real Estate Update
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KW STILL A SELLER'S MARKET
The shortage of houses on the market have buyers completing for a limited number of homes.This time last year, there were almost 60% more homes on the market! While sales have only increased by 0.9% in comparison to last July, it is still the most active July on record since 2008.

Read the full KWAR report 

REAL ESTATE SALES
Comparing July 2016 to July 2015

Prices
  • Overall Residential average price UP 13.2% to $387,102
  • Average Detached homes price UP 14.0% to $452,799
  • Average Apartment Condo price UP 14.2% to $240.944
  • Average Townhome price UP 10.2% to $285.611
  • Average Semi Detached price UP 16.4% to $308,479
Volume
  • There were 1,073 listings for sale on the KWAR’s MLS® System DOWN 37.3%
  • 588 Residential sales through the KWAR’s MLS® System UP 0.9% 
  • 364 Detached homes sales UP 0.8%
  • 144 Condos sales UP 16.1%
  • 26 Freehold Townhomes sales DOWN 49.0%
  • 48 Semi Detached sales UP 9.1%

IN THE NEWS

RECIPE OF THE MONTH



Jim Lawson Broker

Re/Max Twin City Realty Inc.

519.574.1133

jim@movetokw.ca

 
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