Alison Hewitt

📉Sale prices trended downwards in October. The average sale price of a home in the Waterloo Region was $734,928, which represents a 5.6% decrease over October of 2024.

October also saw a significant number of new listings. 1236 new listings were added to the MLS system. 569 sold. There is currently a 3.9 month supply of inventory on the market. This means that it would take 3.9 months to sell all current inventory at the current sales rate.

The news isn't all bad! The Bank of Canada announced a .25% rate cut in October. With borrowing costs easing and prices trending downwards, will this be enough to entice more buyers into the market?

For more information or to discuss buying or selling please reach out!

📲519-591-1348
💻[email protected]

🔼The arrows are pointing up this month! There were 502 homes sold in the Waterloo Region in September. This represents a decrease of 4.7% compared to September of 2024 but an increase of 3.2% over last month. This increase is echoed in all four categories of homes. Although the increases aren’t significant they show that buyers are finding their way back into the market after the summer months. What an advantage buyers have right now! With 1469 new listings added to the MLS system in September, buyers are definitely able to be selective. Sellers this isn’t bad news for you. The average days on market remains 32 which isn’t long. If a property is priced accurately, and care is taken to prepare the property for market, buyers will be interested and act fast.

Have a wonderful Thanksgiving weekend! 🍗

💻[email protected]
📲519-591-1348

I don't have too much to say about the stats for June. There were no drastic changes since May. In fact, the stats show quite a bit of stability in the market. Average sale prices fluctuated ever so slightly, and similar to last month we saw a large number of new listings. As we head into the busy summer holiday months sales may drop but that's normal for this time of year. Overall this market is great for buyers and equitable for sellers.

Have a wonderful summer! 😎🍹

📲519-591-1348
💻[email protected]

Sold! I'm not surprised this 💎 in the rough didn't last long. Congratulations to the buyers and my wonderful seller.

If you're thinking of buying or selling reach out ☎️

519-591-1348
[email protected]

📣Just listed! Semi-detached home in beautiful New Hamburg awaiting it's new owners! Just minutes to HWY 7/8 and a short commute to Kitchener, Waterloo, Woodstock or Stratford. Featuring 1374 sq.ft, 3 bedrooms and 1.5 baths. This home is a blank slate for your decorating and design ideas!! Don't miss your opportunity to own this wonderful home on a family friendly street.

🏡Open house this Saturday June 14th from 2-4pm.

For more information contact:
📲 519-591-1348
💻[email protected]