Articles and Stats

Why Bargain Hunting is a Bad Idea

It seems like every month there is a new website offering deals on everything from electronics to travel. In fact, the “coupon industry” is booming. This trend has conditioned people, more than ever before, to look for bargains and become determined to pay well below the market price for merchandise. There’s ...

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When You Can Only See a Property Once

If you’re searching for a new home within a tight time frame or searching for an out-of-town property, you may not have time to make multiple visits. In fact, you might only get a chance to view a property once before deciding whether or not to make an offer. In ...

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MARKET UPDATE MARCH 2025

New Listings Rise, While Home Sales Decline in Waterloo Region WATERLOO REGION, ON (March 5, 2025) – In February, a total of 363 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 26.1 per cent decrease ...

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Waterloo Region Housing Market Starts 2025 with Higher Inventory, Softer Sales

WATERLOO REGION, ON (February 5, 2025) —In January, a total of 329 homes were sold in the Waterloo Region via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® (Cornerstone). This represents a 12.0 per cent decrease compared to the same period last year and a decline ...

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Andy Hendershot Real Estate Services

Andy Hendershot Real Estate Services

I specialize in residential real estate in the Kitchener Waterloo, Ontario area.

Andy Hendershot Real Estate Services

1 week ago

🏠 WATERLOO REGION MARKET STATS - JULY 2026 🏠🏠 Sales activity in Waterloo Region was sluggish in July, down 12.2% month-over-month and 10.0% compared to the same period last year. New listings also pulled back significantly, down 14.3% on a year-over-year basis; however, they were in line with the previous ten-year average for the month. At 3.9 months, Waterloo Region had the lowest months of supply across our market areas, but inventory remained well above the 10-year July average of 1.92 months. This means buyers had more choice than is typical for this time of year, even as new listings moderated. The MLS® Home Price declined moderately across the region, as well as the average sale price, which was down 3.8% year-over-year. Whether you’re buying or selling, Waterloo Region has distinct communities that each tell their own story, and partnering with a local REALTOR® is an important first step to help you make an informed decision.👉 In July, the median sale price for all residential properties in Waterloo Region was $675,000. This represents 1.75 percent decrease from last month and a 2.88 percent decrease compared to last year.👉 The median sale price of a detached home was $762,050. This represents a 1.03 percent decrease from last month and a decrease of 3.17 percent compared to last year.👉 The median sale price of a semi was $574,900. This represents a 4.38 percent decrease from last month and a decrease of 10.86 percent compared to last year.👉 The median sale price of a townhouse was $601,000. This represents a 6.37 percent increase from last month and a decrease of 2.28 percent compared to last year.👉 The median sale price of an apartment-style condominium was $328,950. This represents a 14.56 percent decrease from last month and a decrease of 13.75 percent compared to last year.#andysells #andyhendershotrealestate #andyhendershot #andysellsrealestate #kitchenerrealestate #waterloorealestate #waterlooregionrealestate ... See MoreSee Less

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Andy Hendershot Real Estate Services

1 month ago

🏠 WATERLOO REGION MARKET STATS - JUNE 2026 🏠🏠 There were 663 home sales recorded via the Multiple Listing Service® (MLS®) System of the Cornerstone Association of REALTORS® in Waterloo Region in June 2026, representing a 4.5 per cent increase month-over-month, and a 2.8 per cent decrease year-over-year. 🏠 While sales activity in Waterloo Region picked up in June compared with the previous month, year-over-year figures show a 2.9 per cent dip, marking the slowest June on record, just nine sales short of June 2024. Both Kitchener and Waterloo posted double-digit declines; meanwhile, Cambridge boasted a 15.2 per cent increase in sales year-over-year. The number of new listings added to the market remains lower than last year, reducing months of supply in all areas except Kitchener. Waterloo Region continues to have the tightest market conditions compared with our other regions, highlighting why using a local REALTOR® is beneficial for both buyers and sellers as they navigate the local market.👉 In June, the median sale price for all residential properties in Waterloo Region was $688,500. This represents no change from last month and a 5.03 percent decrease compared to last year.👉 The median sale price of a detached home was $770,000. This represents a 1.44 percent decrease from last month and a decrease of 6.67 percent compared to last year.👉 The median sale price of a semi was $601,250. This represents a 1.02 percent decrease from last month and a decrease of 7.50 percent compared to last year.👉 The median sale price of a townhouse was $565,000. This represents a 4.69 percent decrease from last month and a decrease of 11.72 percent compared to last year.👉 The median sale price of an apartment-style condominium was $380,000. This represents a 3.43 percent decrease from last year and a decrease of 9.52 percent compared to last year.#AndySells #andyhendershotrealestate #andyhendershot #andysellsrealestate #KitchenerRealEstate #waterloorealestate #waterlooregionrealestate ... See MoreSee Less

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Andy Hendershot Real Estate Services

2 months ago

Big shoutout to my clients for scoring their dream home! 🏡🎉 So excited for you and all the memories you'll make there. Here's to new beginnings and lots of happy moments#Homeownersh#dreamhome##NewBeginningsbe#AndySells##andyhendershotrealestater#andyhendershoth#andysellsrealestater#KitchenerRealEstater#waterloorealestater#waterlooregionrealestaterealestate ... See MoreSee Less

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Andy Hendershot Real Estate Services

3 months ago

A heartfelt congratulations to my valued Sellers on the successful sale of their home. It has been a pleasure assisting them throughout this process, and I am truly honored to have played a role in helping them achieve their real estate goals. I wish them nothing but the best as they embark on the next chapter of their journey. Thank you for entrusting me with the sale of your property.#realestate #sold #success #NewBeginnings #gratitude #AndySells #andyhendershotrealestate #andyhendershot #andysellsrealestate #KitchenerRealEstate #waterloorealestate #waterlooregionrealestate ... See MoreSee Less

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Andy Hendershot Real Estate Services

4 months ago

🎈OPEN HOUSE April 19, 2-4pm🎈👉354 Finoro Cr, Elmira👈🏠Discover this exceptional semi-detached home that effortlessly combines timeless charm with modern practicality. 🏠The upper level boasts a spacious primary bedroom, a loft area bedroom, and a luxurious 4-piece bathroom complete with heated flooring. The convenience of laundry facilities located on the second floor enhances the ease of daily living. 🏠On the main floor you'll find an open-concept layout, a modern kitchen equipped with a large island, a generously sized living room accentuated by a vaulted ceiling, and a convenient sliding door that opens up to the backyard. A welcoming dinette area offers a perfect setting for entertaining guests, while a well-appointed 3-piece bathroom adds to the functionality of the main floor. Additionally, the living room includes a closet that presents the opportunity for potential conversion into a main floor bedroom, catering to those seeking single-story living. 🏠Step outside to your thoughtfully landscaped backyard, with a gorgeous meticulously designed deck. 🏠Single-car garage with inside access further elevates the convenience and utility of this exceptional home. 🏠Unfinished basement offers 790sq ft of potential living space with large windows and a bathroom rough-in.Andy HendershotReal Estate AgentRed and White Realty519-572-6804MLS# 40805632 ... See MoreSee Less

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