September Waterloo Region Home Sales Statistics

Market Snapshot: 502 homes sold in September - a more balanced market is emerging!

Key Highlights:

Sales down 4.7% from last year, but creating better conditions for buyers

Average sale price: $753,162 (down 4.7% year-over-year)

Detached homes: $858,872 average

Townhouses: $606,871 average (actually up 1.7%!)

What This Means:

For BUYERS

More time to make decisions - no need to rush

Better selection and negotiating power

Market conditions favour thoughtful purchasing

For SELLERS

Well-priced properties still attract strong attention

Professional staging and pricing strategy more important than ever

Quality presentation stands out in this balanced market

Bottom Line: This shift from the heated market creates opportunities for both sides when working with an experienced REALTOR® who understands current conditions! 

Ready to buy or sell? Let's discuss how these market conditions can work in your favor!

#WaterlooRegion #RealEstate #MarketUpdate #KitchenerWaterloo #HomeOwnership #RealEstateExpert