Kitchener Waterloo Luxury Homes Sales Take Flight in January

Sales of million dollar luxury homes in Kitchener-Waterloo started the year with a bang.  There were 2 million dollar MLS sales in Kitchener in January with one in Deer Ridge and the other in Hidden Valley.  Buyers were driving a hard bargain as successful sellers received just 92% of their asking price on average.

Kitchener Waterloo saw million dollar luxury homes start 2011 on a record pace with 9 MLS sales by the end of June.  However, sales stalled in the latter half of the year with just one in September to end the year with 10.  This followed a record-setting 12 million dollar MLS sales in 2010.

There are currently 16 luxury homes for sale on MLS in Kitchener Waterloo for $1 million or more.  Of these, 3 are new construction and 13 are resales.  Prices range from $1,049,000 to $4.5 million and square footage go from 2500 to 7500.  Available neighbourhoods for buyers include Westmount, Kiwanis Park, Deer Ridge, Hidden Valley and Chicopee.

If you are looking to sell a million dollar home in Kitchener Waterloo, feel free to call or email to discuss our proven Century 21 Fines Homes and Estates marketing system jeff.gingerich@century21.ca or 519-505-4488.

 

Jeff Gingerich

Sales Representative

Century 21 Home Realty Inc. Brokerage

Office:  519-570-4663

Direct:  519-505-4488

http://JeffGingerich.com

"Delivering results since 1989"

 

 

Jeff Gingerich

Jeff Gingerich

Sales Representative
CENTURY 21 Home Realty Inc., Brokerage*
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