Grand River SouthHousing market

Grand River South

Grand River South Housing Market Report

Balanced Market

All types - for the month of June

Buyer's market Seller's market

5

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.

10

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*

47 active

New

34(+47.83% YoY)

Relisted

6(+100.00% YoY)

Compared to number of active, same period, in 2024: 21, in 2023: 2, in 2022: 6

Total Sold Listings*

10 sold

Median Sold Price

$925,000

Avg Days on Market

10 days

Median Bidding

$49,600

Compared to number of sold, same period, in 2024: 12, in 2023: 15, in 2022: 13

*Data is for the month of June

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

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

Sold Price Distribution - Grand River South - All types

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

Property Type Distribution - Grand River South - All types

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

Median Price - Grand River South - All types

Just listed - Grand River South

Home with brick exterior material, street for 39 Deer Creek St, Kitchener Ontario N2A 0E7

1 day on market

Up to13K Cashback

39 Deer Creek St, Kitchener

Detached4+14+13865 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 14 Waterbow Tr, Kitchener Ontario N2A 0K7

Re-listed 4 days ago

$•••,•••

Up to5K Cashback

14 Waterbow Tr, Kitchener

Detached432000-2500 sq ft

Listed by EXP REALTY

Unknown for 737 Fairway Crt, Kitchener Ontario N2A 4B4

Re-listed 4 days ago

$•••,•••

Up to8K Cashback

737 Fairway Crt, Kitchener

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 2 Colton Circ, Kitchener Ontario N2A 4J8

Re-listed 5 days ago

$•••,•••

Up to4K Cashback

2 Colton Circ, Kitchener

Townhouse341500-2000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 63 Gregg Crt, Kitchener Ontario N2A 4B9

5 days on market

Up to4K Cashback

63 Gregg Crt, Kitchener

Detached3+141500-2000 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Home with brick exterior material, street for 493 Beaumont Cres, Kitchener Ontario N2A 0C4

6 days on market

Up to7K Cashback

493 Beaumont Cres, Kitchener

Townhouse331100-1500 sq ft

Listed by CITYSCAPE REAL ESTATE LTD.

Home with brick exterior material, street for 293 Watervale Cres, Kitchener Ontario N2A 0G7

6 days on market

Up to5K Cashback

293 Watervale Cres, Kitchener

Detached432000-2500 sq ft

Listed by TRILLIUMWEST REAL ESTATE

Home with brick exterior material, street for 12-258 Edgewater Cres, Kitchener Ontario N2A 4M2

6 days on market

Up to16K Cashback

12-258 Edgewater Cres, Kitchener

Detached33+13202 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Home with brick exterior material, street for 15 Gregg Crt #6, Kitchener Ontario N2A 4H7

7 days on market

Up to3K Cashback

15 Gregg Crt #6, Kitchener

Condo321400-1599 sq ft

Listed by RE/MAX Solid Gold Realty (II) Ltd

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 14 Waterbow Trail, Kitchener Ontario N2A 0K7

Re-listed 7 days ago

$•••,•••

Up to11K Cashback

14 Waterbow Trail, Kitchener

Detached4+24+13050 sq ft

Listed by EXP REALTY OF CANADA INC

Just sold - Grand River South

Home with brick exterior material, street for 453 Beaumont Cres, Kitchener Ontario N2A 0C4

Sold 6 days ago

Sold for $829,000

$31K above asking

453 Beaumont Cres, Kitchener

Detached341500-2000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 14 Willowrun Dr, Kitchener Ontario N2A 0H5

Sold 9 days ago

Sold for $841,000

$58K below asking

14 Willowrun Dr, Kitchener

Detached431500-2000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 66 Eden Oak Tr, Kitchener Ontario N2A 0G4

Sold 12 days ago

Sold for $1,020,000

$51K above asking

66 Eden Oak Tr, Kitchener

Detached341500-2000 sq ft

Listed by CENTURY 21 HERITAGE HOUSE LTD

Home with brick exterior material, street for 348 Rivertrail Ave, Kitchener Ontario N2A 0K4

Sold 13 days ago

Sold for $816,000

$13K below asking

348 Rivertrail Ave, Kitchener

Detached341500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 577 Bridgemill Cres, Kitchener Ontario N2A 0K3

Sold 14 days ago

Sold for $1,370,000

$120K above asking

577 Bridgemill Cres, Kitchener

Detached453000-3500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 513 Beaumont Cres, Kitchener Ontario N2A 0A8

Sold 14 days ago

Sold for $672,000

$23K below asking

513 Beaumont Cres, Kitchener

Townhouse321100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 493 Zeller Dr, Kitchener Ontario N2A 4M4

Sold 20 days ago

Sold for $1,510,493

$310K above asking

493 Zeller Dr, Kitchener

Detached543000-3500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 74 Colton Circ, Kitchener Ontario N2A 4K4

Sold 21 days ago

Sold for $750,000

$50K above asking

74 Colton Circ, Kitchener

Townhouse341500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 220 Colton Cir, Kitchener Ontario N2A 4K2

Sold 23 days ago

Sold for $945,000

220 Colton Cir, Kitchener

Detached34+23490 sq ft

Listed by Peak Realty Ltd.

Home with brick exterior material, street for 925 Deer Creek Crt, Kitchener Ontario N2A 0J5

Sold 28 days ago

Sold for $1,600,000

$251K above asking

925 Deer Creek Crt, Kitchener

Detached443000-3500 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Population and Demographics

Overview

Total population 8635

Average household income $153,406

Age (%)

0 to 19

30%

20 to 34

17%

35 to 49

26%

50 to 64

17%

65 and plus

11%

Household composition (%)

Single family

82%

Single person

14%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

73%

Punjabi (Panjabi)

4%

Serbian

4%

Others

3%

Gujarati

2%

Romanian

2%

Arabic

2%

Spanish

2%

Vietnamese

1%

Mandarin

1%

House tenancy (%)

Owners

86%

Renters

14%

Top 2 Schools in Grand River South

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

2/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance