How’s The Market? Kitchener Waterloo Condo Sales for February 2011
by Warren McNeil
Kitchener Waterloo Condo Sales – Here is a video I did about the Kitchener Waterloo condo sales for the month of February 2011. In February there were 95 units sales which is a 28.4%
increase over last year. Semis and condos both saw increases as well, while singles and freehold townhomes saw decreases. The average sale price for a condo in the month of February was around 196,000 and the average days on market was about 51 days.
Kitchener Waterloo Condo Sales for February 2011 Youtube Video
Since the average sale price is rising for single-detached homes, I think that people are looking towards condominiums because they are more affordable. Also, condos work perfect for people who are downsizing or want something with less maintenance.
I also believe that the influx of new construction condos has something to do with the high Kitchener Waterloo Condo sales for the month of February 2011.
See the video I did about a huge development going in downtown Kitchener
Also checkout another video I did about Things to Know When Buying a Condo
If you think you would like to learn more about the Kitchener Waterloo condo market, please contact us.
I am expecting a very busy spring market for Kitchener Waterloo Condo Sales .
Thanks for reading!
|Warren & Melanie McNeil | Sales Representatives, Team McNeil
RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
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