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Waterloo Region Rural Real Estate News: March 2021

What’s happening in Waterloo Region Rural Real Estate

March statistics of listings and sales

Brought to you by Kitchener-Waterloo Real Estate News

Keith Marshall, Realtor

keithmarshall.ca

 

 

Listings

There are currently 49 homes listed for sale with the Kitchener-Waterloo Real Estate Board in the rural towns and townships.

21 are listed below $700,000.

6 are listed between $700,000 and $1M.

22 are listed for more than $1M.

 

They include:

7 homes in Elmira with an average list price of $694,643

6 homes in New Hamburg with an average price of $916,650

5 homes in Ayr, including a $3M listing backing onto the Nith River!

5 homes in Breslau

3 homes in Baden, Petersburg, St Clements and Woolwich

2 homes in New Dundee, St Jacobs, Wellesley and Wilmont Township

1 home in Bloomingdale, Heidelberg, Mannheim, Westmontrose

 

The average list price for homes listed in Rural Waterloo Region is currently $1,302,480 (up almost 17% over last month) with an average size of 2,738-square feet.

The Median list price for homes currently listed for sale in Rural Waterloo Region is $899,900 (up 20% over last month) with 2,233-square feet.

 

 

Sales

There were 104 homes sold last month in the rural towns and townships through the Kitchener-Waterloo Real Estate Board.

 

They include:

16 homes in Ayr with an average list price of $666,456 and average sold price of $771,600 (16.02% over list price).

13 homes in Baden with an average list price of $600,969 and an average sold price of $720,769 (22.21% over list price).

14 homes in Breslau with an average list price of $776,578 and an average sold price of $878,429 (13.19% over list price).

25 homes in Elmira with an average list price of $651,277, and average sold price of $740,238 (15.21% over list price).

16 homes sold in New Hamberg with an average list price of $646,156 and an average sold price of $725,271 (13.38% over list price).

4 homes in Petersburg and Wellesley

3 homes in Conestogo, with an average sold price of $1,822,333

3 homes also sold in Woolwich

2 homes in Heidelberg

1 home in Floradale, Hawkesville, St Jacobs and West Montrose.

 

Averages

  • The average list price for homes sold in Rural Waterloo Region last month was $726,523
  • The average sold price for homes sold in Rural Waterloo Region last month was $828,344 (15.67% over list price) with an average square footage of 2000.
  • The average days on market for these sales was 8.

 

Medians

  • The median list price for homes sold in Rural Waterloo Region last month was $689,450.
  • The median sold price for homes sold in Rural Waterloo Region last month was $750,000 (17.96% over list price) with a median square footage of 1786.5.
  • The median days on market for these sales was 7.

 

 

 

Keith Marshall is an award-winning Realtor serving the cities, towns and villages of Waterloo Region.

keithmarshall.ca

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