Breaking Down How the Condo and Townhome Market Has Evolved In the Last 6 Months

Condo Culture

By Condo Culture

We have experienced an incredible appreciation in sales pricing for condos and townhomes across Kitchener, Waterloo, Guelph, and Cambridge over the past six months.

We do a deep condo data dive below so you can wrap your head around what’s been happening in each of these four key local markets between August 2021 and January 2022. Find out what your condo is worth here or get in touch with our team to discuss any of your condo needs and goals.

Averages for Apartment-Style Condos and Townhomes

Kitchener-chartStats

Other key data from the past six months:

Qcondos

The condo resale market in Kitchener is absolutely scorching hot, and the city also has a busy year ahead with several condo developments set to launch throughout 2022 including Station Park - Towers 3 and 4, Six Sixty, Q Condos, Tek Tower Condominiums, Viva Towns, and another one that has yet to be named located at 10 Duke Street West. Here’s more information about pre-construction 2022 Kitchener condos.

To get an idea for how much your Kitchener condo or townhouse is worth, go to the Condo Culture evaluations page.

Waterloo-chartStats

Other key data from the past six months:

TheJake

As you can see from the data above and much like Kitchener’s story, Waterloo’s condo resale market has experienced a ton of sales price growth over the last half-year, as well. A few brand new developments are set to start selling in 2022 in Waterloo including The Jake, Moda, and also one located at 6 Regina Street North. Here’s more information about pre-construction 2022 Waterloo condos.

Uncover the current market value of your Waterloo condo or townhouse, go here.

Guelph-chartStats

Other key data from the past six months:

metalworks

Guelph is a fantastic place to live and work and as a result, the resale market has witnessed significant growth over the past 6 months. A number of new condo developments will go on sale in 2022 including The Metalworks Tower 4, a high-rise located at 55 Baker Street, and another one featuring a mid-rise tower and stacked townhomes that have yet to be announced. Here’s more information about pre-construction 2022 Guelph condos.

Do you have a condo or townhouse that’s located in Guelph? Discover what it’s worth by visiting this page.

Cambridge-chartStats

Other key data from the past six months:

birches

Cambridge’s condo resale market has exploded as you can see from the numbers above, and in 2022 will welcome new projects such as The Birches, a new townhome development. To learn more about The Birches and other developments around Kitchener - Waterloo, and Guelph for 2022, go here.

Your Cambridge-based condo or townhouse is growing in value each month - learn about its evolving price point by going here.

At Condo Culture, we are not only obsessed with condos but with the underlying data as well and it helps to position our clients for success right from the beginning. If you’re looking to sell, buy, lease, or invest in a condo, then reach out, and let’s discuss how we can achieve your exciting condo goals together.


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