Better than new! 3 bedroom, 4 bath Hawthorne model. Features include: Ceramic tile, hardwood in elegant dining room, spacious kitchen w/breakfast bar and dinet w/walk out to deck. Open concept layout with big great room w/tray ceiling. Master suite with walk in closets and 4 pc ensuite. Upper level den or family room. Partly finished basement with full bath. Party deck with hot tub! Much more. A must see! – View Listing
Thanks for reading!
Thanks for reading!
Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Maybe you didn’t know that Google had an office in Waterloo. Well they do and they are now moving their office to downtown Kitchener to the Lang Tannery building. They are planning on making the move this year. I think this is a smart move on Google’s part because they are moving into an area that is undergoing huge changes. I have blogged in the past about the new condo developments in the downtown core. Some of the upcoming condo developments are the Arrow lofts (Auburn) and the Centre City Condominiums (Andrin). One of the best things about this move is that apparently Google is aggressively hiring so they need the larger space. It’s always a good thing when companies are growing instead of downsizing or shutting down.
The Google projects in Waterloo are currently the upcoming Chrome operating system, HTML5 programming language and the “Buzz” social networking service. For me being a techy I find this really exciting. The more technology that surrounds me the better. I am really interested in seeing what rich media capabilities HTML5 will have. I heard that it is really going to give Flash a run for it’s money. This could be made up hype but nevertheless there is some buzz out there about the controversy between Apple supporting html5 on their devices and not flash.. But I digress!!
In addition to Google, Waterloo is probably more well known for being the home of Research in Motion the makers of the Blackberry. FYI, RIM just released the new Backberry Torch so I hope everyone is going to buy one!
Doesn’t Kitchener Waterloo sound like a cool place to live?
If you are a techy and you are looking for somewhere to live, you might want to consider Kitchener-Waterloo or Cambridge.
Thanks for reading!
Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
On Saturday we are hosting an open house at a LeMarche condo that we have listed. Come check it out!
Luxury LeMarche condo in downtown Kitchener. Nearly new, main floor unit with rarely found private patio. Features include: 1 bedroom + den, open concept layout, hardwood floors, upgraded cabinets, built-in dishwasher and microvent, in-suite laundry, all appliances included, underground parking, upscale complex with courtyard. Within walking distance to Kitchener\’s Farmers Market, restaurants, shops and nightlife. Call Team McNeil to view today! – View Listing
Thanks for reading!
Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Kitchener Waterloo Home Sales Surpass Billion Dollar Mark In First Half Of 2010!
Kitchener Waterloo Home Sales are doing really well for the first part of the year. Although there were 97 less unit sales then the first half of 2007 the Kitchener Waterloo Real Estate board reports that sales have surpassed the billion dollar mark for the first half of 2010. This is really good news and just shows how strong the Kitchener Waterloo Real Estate market really is here. The average sale price for a single-detached home is $331,359. That’s an increase of 11.7% on a year-to-year basis. See the full report below for more information.
Kitchener Waterloo Home Sales Surpass Billion Dollar Mark In First Half Of 2010!
KITCHENER-WATERLOO, ON (July 6, 2010) – During the first half of the year, the number of residential properties sold through the Multiple Listing System (MLS®) of the Kitchener-Waterloo Real Estate Board (KWREB) increased 16 percent.
While the 3,633 homes sold during the first six months of the year are 96 units shy of 2007’s record breaking first half, the total value of those sales broke the one billion dollar mark for the first time to the end of June.
“The residential real estate market is alive and kicking in Waterloo Region,” says Ted Scharf, President of the KWREB. “Consumers continue to have a strong sense of confidence in the value of home ownership in the region, and I expect the market will remain steady and healthy for the remainder of the year.”
The increase in home sales occurred predominantly in the top half of the price range spectrum: There were 2,093 sales of residential properties for more than $250,000 to the end of June, compared to 1,446 for the same period in 2009, an increase of almost 45 percent.
In the upper end of the market, this trend was even more prominent, with an 84% increase in homes selling for more than half a million dollars relative to one year ago for a total of 205 sales.
The average sales price of all homes sold between January and June 2010 jumped 10.7 percent to $291,702, and the average price of detached homes was $331,359, an increase of 11.7 percent on a year-to date basis.
Residential property sales in June were down 12.1 percent compared to the same month last year, but were practically on par with May sales. Last month, there were a total of 634 homes sales in Kitchener-Waterloo and area, compared with 721 in June 2009.
“Considering the especially early spring market that started in March this year, June was surprisingly strong,” says Scharf. “This further illustrates the strength of our local market and is a reflection of our region’s strong economy.”
REALTORS® believe that healthy communities depend on a strong economy, safe neighbourhoods, a clean environment, access to housing and the protection of rights of property owners. The KWREB recognizes the need to support and enhance the Quality of Life enjoyed by residents of Waterloo region.
To find out more information about Kitchener Waterloo Homes Sales, check out our Kitchener Waterloo Real Estate Board Statistics section of, our blog.
I am expecting the fall market in Kitchener-Waterloo to really pick up. In just the past week we have seen increased showing requests and buyer activity. I am optimistic that Kitchener Waterloo Home Sales for the remainder of the year will continue to be strong.
Thanks for reading!
Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Kitchener Waterloo Real Estate Board Statistics for June 2010
By Warren McNeil
The Table below shows the most relevant Kitchener Waterloo real estate data for the month of June 2010 and compares it with the previous month and the previous year, (previous month) May 2010 and (previous year) June 2009, respectively. This information is for single detached only in all areas.
Kitchener Waterloo Real Estate Board Statistics June 2010
WATERLOO REGION
(ALL Areas)
(June 10)
(June 09)
%CHANGE
09/10
(May 10)
%CHANGE
May/June
UNITS SOLD
426
SOLD
469
SOLD
-9.2%
427
SOLD
-0.2%
AVERAGE PRICE SOLD
$325,870
$303,358
+7.4%
$342,146
-4.8%
ACTIVE LISTINGS
(END of PERIOD)
1653
ACTIVE
1538
ACTIVE
+7.5%
1636
ACTIVE
+1.0%
AVERAGE DAYS ON MARKET
36 DAYS
57 DAYS
-36.8%
37 DAYS
-2.7%
SALE PRICE TO
LIST PRICE RATIO
98%
98.3%
-0.3%
98.3%
-0.2%
As you can see from the above table, sales were really good in June. Last year there were more units sold but the average house price went up and the average days on market went down 36.8% this year over last year. Houses are selling faster. Sellers were trying to beat the HST so some were buying earlier in the year. Overall, residential sales in Kitchener Waterloo area are up 16% for the first 6 months of the year. This is good news and I expect the rest of the year to remain solid. The late-summer – fall market should be pretty strong.
The above Kitchener Waterloo Real Estate Board Statistics are believed to be correct errors and ommissions accepted.
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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Kitchener-Waterloo Real Estate — Tags: hawthorne model, kitchener new construction houses for sale, kitchener real estate —
wmcneil @ 10:04 pm
office to downtown Kitchener to the Lang Tannery building. They are planning on making the move this year. I think this is a smart move on Google’s part because they are moving into an area that is undergoing huge changes. I have blogged in the past about the new condo developments in the downtown core. Some of the upcoming condo developments are the Arrow lofts (Auburn) and the Centre City Condominiums (Andrin). One of the best things about this move is that apparently Google is aggressively hiring so they need the larger space. It’s always a good thing when companies are growing instead of downsizing or shutting down.
that sales have surpassed the billion dollar mark for the first half of 2010. This is really good news and just shows how strong the Kitchener Waterloo Real Estate market really is here. The average sale price for a single-detached home is $331,359. That’s an increase of 11.7% on a year-to-year basis. See the full report below for more information.
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