Million Dollar Luxury Home Sales Sizzle In Kitchener Waterloo

Sales of million dollar luxury homes sizzled in Kitchener Waterloo in February.  For the month, there were 5 sales of a million or more.  Regular readers of this Kitchener Waterloo real estate blog will know that million dollar sales are rare.  Of the 4574 sold residential MLS properties in 2013, just 12 or 1/5 of 1% sold for $1 million or more.

Apparently, Valentines Day is the time to buy your sweetheart a million dollar home as all 5 sold between February 12th and the 14th.  Three sales were in Hidden Valley while one was in Deer Ridge.  The fifth was a 13 acre property on the edge of Kitchener with development potential.

There are currently 31 homes for sale on the Kitchener Waterloo MLS for $1 million or more.  Of these, 8 are new and 23 are resale homes.  Of the 31, there is ample selection among Deer Ridge homes with 11 for sale.  

If you are considering selling your million dollar luxury home, put the Century 21 Fine Homes and Estates program to work for you.  For all your luxury home needs, feel free to call text or email 519-505-4488       

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Jeff Gingerich

Jeff Gingerich

Sales Representative
CENTURY 21 Heritage House Ltd., Brokerage*
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