Waterloo Luxury Condos Sales - Year Over Year Comparison 2009-2010 vs 2010-2011

Real Estate Agent with Re/Max Twin City Realty Inc, Kitchener-Waterloo ON

http://www.waterlooluxurycondos.com - Here is a useful video for anyone who would like to know how the luxury condo market is doing in the Kitchener-Waterloo area.

The time frame I am using in the video is Nov 2009-Nov 2010 vs Nov 2010-Nov 2011.

This information can be helpful for anyone thinking of selling their condo or buyer who are looking to understand how well the Kitchener Waterloo condo market is performing.


  Luxury condos sold within the past year vs the same period in the previous year over $300,000

91 Total Units sold between Nov 2009 - Nov 2010

17 Sold in Waterloo East

51 Sold in Waterloo West - 11 were Bauer Lofts, 16 at 255 Keats Way

11 Sold in Kitchener East

12 Sold in Kitchener West

The sale price for condos ranged in between $295,000 up to $695,000 Median Sale price was 347,500 Average days on market were 54 days

114 Total Units sold between Nov 2010 - Nov 2011

31 Sold in Waterloo East

60 Sold in Waterloo West - 20 of which were Bauer Lofts!!! 10 were at 255 Keats Way. 50% sold from just two complexes

13 sold in Kitchener East

10 Sold in Kitchener West

Condos ranged in sale price between $295,000 up to $950,000 Median Sale price was 348,750 Average days on market were 53 days So in summary there was a 20% increase of unit sales for condos over $300,000 year over year for 2009-2010 and 2010-2011. There was also an increase in the maximum sale price year over year. The median sale price saw a slight increase.

The above information is believed to be correct errors and ommissions accepted

Comments (4)

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Warren - Good market update.  I like how you took your market report to the next level by putting it into a video.  Nicely done.  I'm also glad to see your market has improved.


Nov 24, 2011 05:35 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is interesting to see the statistics around the different states.

Nov 24, 2011 06:41 PM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker


Thanks for the post. Also, good top see that you are doing videos. And, welcome back to AR.


Nov 25, 2011 11:01 AM
Warren & Melanie McNeil
Re/Max Twin City Realty Inc, Kitchener-Waterloo ON - Kitchener, ON
Team McNeil

Thanks Brian. I have been here just not posting very much.

Thanks Lauren. I appreciate the complement.

Tim: I think it is important to keep people up to date with this kind of information.

Dec 03, 2011 06:55 PM