Grand RiverHousing market

Grand River

Grand River Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

3

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.

38

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*

53 active

New

44(+109.52% YoY)

Relisted

18(+125.00% YoY)

Compared to number of active, same period, in 2024: 14, in 2023: 1, in 2022: 1

Total Sold Listings*

16 sold

Median Sold Price

$983,000

Avg Days on Market

38 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 19, in 2023: 18, in 2022: 30

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Grand River - All types

Sold vs Active vs New vs Relisted - Grand River - All types

Sold Price Distribution - Grand River - All types

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

Property Type Distribution - Grand River - All types

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

Median Price - Grand River - All types

Just listed - Grand River

trreb/IMG-X12102350_1.jpg

Re-listed 9 hours ago

$•••,•••

Up to4K Cashback

84 WIMBLETON Cres, Kitchener

Detached3+231500-2000 sq ft

Listed by SAVE MAX PRESTIGE REAL ESTATE

Home with brick exterior material, street for 137 Wimbleton Cres, Kitchener Ontario N2B 3K4

13 hours on market

Up to4K Cashback

137 Wimbleton Cres, Kitchener

Detached311100-1500 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Unknown for 184 Otterbein Rd, Kitchener Ontario N2B 0A8

Re-listed 14 hours ago

$•••,•••

Up to6K Cashback

184 Otterbein Rd, Kitchener

Detached442500-3000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 93 Tremaine Dr, Kitchener Ontario N2A 4M3

15 hours on market

Up to15K Cashback

93 Tremaine Dr, Kitchener

Detached5+253500-5000 sq ft

Listed by CITYSCAPE REAL ESTATE LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 62 Colton Circ, Kitchener Ontario N2A 4K4

Re-listed 1 day ago

$•••,•••

Up to4K Cashback

62 Colton Circ, Kitchener

Townhouse331100-1500 sq ft

Listed by CENTURY 21 PROPERTY ZONE REALTY INC.

Home with brick exterior material, street for 344 Watervale Cres, Kitchener Ontario N2A 0G1

2 days on market

Up to10K Cashback

344 Watervale Cres, Kitchener

Detached432000-2500 sq ft

Listed by LUXE HOME TOWN REALTY INC.

Home with vinyl exterior material, street for 350 Misty Cres, Kitchener Ontario N2B 3V5

3 days on market

Up to4K Cashback

350 Misty Cres, Kitchener

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 13 Marketa Cres, Kitchener Ontario N2B 3B5

3 days on market

Up to8K Cashback

13 Marketa Cres, Kitchener

Detached322316 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 261 Waterbend Cres, Kitchener Ontario N2A 4L3

3 days on market

Up to6K Cashback

261 Waterbend Cres, Kitchener

Detached4+142500-3000 sq ft

Listed by HOMELIFE LANDMARK REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 154 Otterbein Rd, Kitchener Ontario N2B 0A8

Re-listed 7 days ago

$•••,•••

Up to5K Cashback

154 Otterbein Rd, Kitchener

Semi-Detached431500-2000 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Just sold - Grand River

Home with brick exterior material, street for 312 Otterbein Rd, Kitchener Ontario N2B 3W1

Sold 2 days ago

Sold for $1,925,000

$74K below asking

312 Otterbein Rd, Kitchener

Detached543500-5000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 107 Keewatin Ave, Kitchener Ontario N2B 3L9

Sold 7 days ago

Sold for $650,000

$51K above asking

107 Keewatin Ave, Kitchener

Semi-Detached3+121500-2000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 515 Beaumont Cres, Kitchener Ontario N2A 0A8

Sold 9 days ago

Sold for $680,000

$19K below asking

515 Beaumont Cres, Kitchener

Townhouse231500-2000 sq ft

Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES

Home with brick exterior material, street for 30 Bryan Crt #17, Kitchener Ontario N2A 4J5

Sold 15 days ago

Sold for $651,000

$25K above asking

30 Bryan Crt #17, Kitchener

Condo341600-1799 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 69 Misty St, Kitchener Ontario N2B 3V6

Sold 16 days ago

Sold for $730,100

$130K above asking

69 Misty St, Kitchener

Semi-Detached3+131100-1500 sq ft

Listed by eXp Realty

trreb/IMG-X12047827_1.jpg

Sold 18 days ago

Sold for $820,000

$21K above asking

30 Willowrun Dr, Kitchener

Detached351500-2000 sq ft

Listed by Smart From Home Realty Limited, Brokerage

Home with brick exterior material, street for 119 Upper Mercer St, Kitchener Ontario N2A 4M9

Sold 21 days ago

Sold for $695,000

119 Upper Mercer St, Kitchener

Townhouse33+11475 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 224 Sims Estate Dr, Kitchener Ontario N2A 0A5

Sold 21 days ago

Sold for $1,175,000

$25K below asking

224 Sims Estate Dr, Kitchener

Detached24+13082 sq ft

Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

Home with brick exterior material, street for 258 Edgewater Cres #4, Kitchener Ontario N2A 4M2

Sold 22 days ago

Sold for $1,790,000

$25K above asking

258 Edgewater Cres #4, Kitchener

Detached443500-5000 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

A pic of a room for 50 Bryan Crt #213, Kitchener Ontario N2A 4N4

Sold 23 days ago

Sold for $465,000

$14K below asking

50 Bryan Crt #213, Kitchener

Condo22800-899 sq ft

Listed by EXP REALTY

Population and Demographics

Overview

Total population 13922

Average household income $142,561

Age (%)

0 to 19

28%

35 to 49

24%

50 to 64

18%

20 to 34

18%

65 and plus

13%

Household composition (%)

Single family

80%

Single person

17%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

74%

Serbian

4%

Punjabi (Panjabi)

3%

Romanian

2%

Others

2%

Arabic

2%

Gujarati

2%

Spanish

2%

Vietnamese

1%

Croatian

1%

Portuguese

1%

German

1%

House tenancy (%)

Owners

83%

Renters

17%

Top 2 Schools in Grand River

Saint John Paul II Catholic Elementary School75 Pebblecreek Drive, N2A 4K1, Kitchener, ON

8/10

Public•JK-8

Lackner Woods Public School151 Zeller Dr, N2A 4H4, Kitchener, ON

7.4/10

Public•JK-6

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance