The housing market in Kitchener-Waterloo appears to be rebounding from the COVID-19 pandemic.
The Kitchener-Waterloo Association of Realtors (KWAR) reported 673 home sales in June, an increase of 57.6 per cent over the 419 residential home sales in May.
House sales are also 2.1 per cent above June of 2019, KWAR said in a news release issued Monday.
The average price of residential home sales last month was $601,285, but that pales in comparison to some of the region’s priciest.
Here’s a list of the five most expensive properties in the area, as of July 6, 2020:
The top listing is a “Trophy House,” located at 720 Country Squire Road in Waterloo. It’s listed at $5.9 million.
The 10,750 square foot bungalow sits on 40 acres. It features three bedrooms, five bathrooms, a gym facility and full home theatre.