KEVIN   JONES

KEVIN JONES

Sales Representative

RE/MAX Twin City Realty Inc., Brokerage*

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519-590-2913
Office:
519-885-0200
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KEVIN JONES's blog

Westvale Real Estate Market Update Winter 2019

The real estate market in Westvale remained slow through the 4th quarter of 2018.  The last three months of the year saw 20 homes sold in the area bringing the total for the year to 83 homes, a drop of 15.3% from the 98 that sold in 2017.  Prices continued to increase.  In 2018 the average sale price in the neighbourhood was $545,000 an increase of 2.4% from the average of $532,000 in 2017.  The selling cycle remained quick, homes sold in an average of just 18 days on market and they sold slightly more than their full list price (100.7%).   It should be noted t

Eastbridge Real Estate Market Update Winter 2019

The real estate market in Eastbridge remained slow through the 4th quarter of 2018.  The last three months of the year saw 14 homes sold in the area bringing the total for the year to 64 homes, a drop of 20% from the 80 that sold in 2017.  Prices were also down slightly, in 2018 the average sale price in the neighbourhood was $616,000 a 4.6% drop from the average of $646,000 in 2017.  The selling cycle remained quick, homes sold in an average of just 15 days on market and homes sold for slightly more than full list price (100.8%).  It should be noted that 63% of the home

Conservation Meadows Real Estate Market Update Winter 2019

The real estate market in Conservation Meadows remained slow through the 4th quarter of 2018.  The last three months of the year saw 5 homes sold in the area bringing the total for the year to 20 homes, a drop of 25.9% from the 27 that sold in 2017.  Prices were also down slightly, in 2018 the average sale price in the neighbourhood was 

Beechwood and Maple Hills Real Estate Market Update Winter 2019

It was another strong year for home sales in Beechwood and Maple Hills.  Average sale prices in the neighbourhood continued to rise.  Homes in the area sold for an average of $654,000 and increase of more than 7% from the average of $610,000 in 2017 and an increase of more than 42% from the average at the end of 2015.  It should be noted that a third of the homes sold in the area last year were sold at or above their full list price.  Strategically priced homes are still attracting multiple offers with limited conditions.  The number of homes sold was down slightly,

Columbia Forest, Clair Hills and Vista Hills Winter 2019 Real Estate Market Update

While most neighbourhoods in West Waterloo suffered a significant drop in the volume of sales and a slight drop in average sale price last year that was not the case in Columbia Forest, Clair Hills and Vista Hills.   Sales held steady with 135 homes sold an increase of 1.5% from the 133 sold in 2017.  Average sale prices were up as well.  Last year the average sale price in the neighbourhood was $635,000 an increase of 0.5% from the average of $632,000 in 2017.  While bidding wars are no longer the norm, one third of all sales in the area last year were at, or above

Laurelwood Real Estate Market Update Winter 2019

The real estate market in Laurelwood remained slow through the 4th quarter of 2018.  The last three months of the year saw 15 homes sold in the area bringing the total for the year to 55 homes, a drop of 23.6% from the 72 that sold in 2017.  Prices were down slightly, in 2018 the average sale price in the neighbourhood was $706,000 a 2.2% drop from the average of $722,000 in 2017.  The selling cycle remained at a more traditional 28 days on the market and homes sold very close to their full list price (99.3%).   It should be noted that 40% of the homes sold in Laure

Upper Beechwood and Beechwood West Winter 2019 Market Update

The housing market in Upper Beechwood and Beechwood West rebounded a bit in the 4th quarter of 2018.  Going into the quarter prices were more than 10% behind 2017 averages but a strong finish to the year resulted in an average sale price of $807,000 a drop of just 4.4% from the average of $844,000 a year earlier.   Still prices in the neighbourhood are up by more than 43% since 2015.  The supply of homes for sale was an issue again in 2018.  Just 39 homes sold in the area, a drop of almost 25% from the 51 that sold in 2017.  Homes are still selling relatively q

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