Lower DoonHousing market

Lower Doon

Lower Doon Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

14

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

3 active

New

2(-50.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 1, in 2023: 6, in 2022: 0

Total Sold Listings*

2 sold

Median Sold Price

$690,000

Avg Days on Market

14 days

Median Bidding

-$24,450

Compared to number of sold, same period, in 2024: 2, in 2023: 3, in 2022: 3

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Lower Doon - All types

Sold vs Active vs New vs Relisted - Lower Doon - All types

Sold Price Distribution - Lower Doon - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Lower Doon - All types

Property type distribution based on data from the last 3 months.

Median Price - Lower Doon - All types

Just listed - Lower Doon

Home with brick exterior material, street for 350 Doon Valley Dr #11D, Kitchener Ontario N2P 2M9

Re-listed 1 day ago

$•••,•••

Up to8K Cashback

350 Doon Valley Dr #11D, Kitchener

Townhouse232668 sq ft

Listed by Royal LePage Wolle Realty

Home with brick exterior material, street for 105 Pinnacle Dr #48, Kitchener Ontario N2P 1B8

1 day on market

Up to7K Cashback

105 Pinnacle Dr #48, Kitchener

Townhouse3+14+11564 sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 50 Pinnacle Dr #55, Kitchener Ontario N2P 0H8

Re-listed 2 days ago

Up to3K Cashback

50 Pinnacle Dr #55, Kitchener

Condo331400-1599 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 8 Mill View St, Kitchener Ontario N2P 1W7

11 days on market

Up to6K Cashback

8 Mill View St, Kitchener

Detached442000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Just sold - Lower Doon

Home with brick exterior material, street for 595 Mill Park Dr, Kitchener Ontario N2P 1V4

Sold 11 days ago

Sold for $1,240,000

$55K below asking

595 Mill Park Dr, Kitchener

Detached3+142000-2500 sq ft

Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Home with brick exterior material, street for 105 PINNACLE Dr #95, Kitchener Ontario N2P 1B8

Sold 38 days ago

Sold for $710,000

$19K below asking

105 PINNACLE Dr #95, Kitchener

Condo3+141600-1799 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 350 Doon Valley Dr #5A, Kitchener Ontario N2P 2M9

Sold 39 days ago

Sold for $670,000

$30K below asking

350 Doon Valley Dr #5A, Kitchener

Condo231000-1199 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Frontside or backside of a home, the street view for 77 Orchard Mill Cres, Kitchener Ontario N2P 1T2

Sold 123 days ago

Sold for $820,000

$70K above asking

77 Orchard Mill Cres, Kitchener

Detached3+12- sq ft

Listed by HOMELIFE SIGNATURE REALTY

A pic from exterior of the house or condo, the street view for 105 Pinnacle Dr #25, Kitchener Ontario N2P 1B8

Sold 183 days ago

Sold for $668,500

$31K below asking

105 Pinnacle Dr #25, Kitchener

Condo2+141400-1599 sq ft

Listed by RE/MAX SOLID GOLD REALTY (II) LTD. BROKERAGE

itso/IMG-40658092_1.jpg

Sold 192 days ago

Sold for $665,000

$15K above asking

50 Pinnacle Drive #62, Kitchener

Townhouse33+11547 sq ft

Listed by RE/MAX SOLID GOLD REALTY (II) LTD.

trreb/IMG-X9299906_1.jpg

Sold 196 days ago

Sold for $1,626,000

$173K below asking

62 ROOS St, Kitchener

Detached353500-5000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

trreb/IMG-X9343452_1.jpg

Sold 199 days ago

Sold for $851,000

$9K below asking

350 Doon Valley Dr #5F, Kitchener

Condo341800-1999 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

trreb/IMG-X9051943_1.jpg

Sold 238 days ago

Sold for $2,000,000

$400K below asking

3012 Old Mill Rd, Kitchener

Detached4+143500-5000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

trreb/IMG-X8483068_1.jpg

Sold 280 days ago

Sold for $975,000

$25K below asking

350 Doon Valley Dr #13C, Kitchener

Condo2+242750-2999 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Population and Demographics

Overview

Total population 1300

Average household income $136,896

Age (%)

20 to 34

36%

0 to 19

21%

35 to 49

16%

65 and plus

13%

50 to 64

13%

Household composition (%)

Single family

65%

Single person

19%

Multi person

15%

Multi family

1%

Mother tongue (%)

English

65%

Punjabi (Panjabi)

10%

Hindi

4%

Others

4%

Urdu

3%

Gujarati

3%

Spanish

2%

Portuguese

1%

German

1%

House tenancy (%)

Owners

57%

Renters

43%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Some restaurants within walking distance