KitchenerHousing market

Kitchener

Kitchener Housing Market Report

Balanced Market

All types - for the month of May

Buyer's market Seller's market

4

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.

24

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*

1,155 active

New

791(+4.22% YoY)

Relisted

136(-1.45% YoY)

Compared to number of active, same period, in 2024: 611, in 2023: 129, in 2022: 173

Total Sold Listings*

302 sold

Median Sold Price

$695,500

Avg Days on Market

24 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 334, in 2023: 392, in 2022: 412

*Data is for the month of May

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

Sold vs Active vs New vs Relisted - Kitchener - All types

Sold Price Distribution - Kitchener - All types

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

Property Type Distribution - Kitchener - All types

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

Median Price - Kitchener - All types

Just listed - Kitchener

Unknown for 85 Duke St #1702, Kitchener Ontario N2H 0B7

Re-listed 6 hours ago

$•••,•••

Up to3K Cashback

85 Duke St #1702, Kitchener

Condo2+22900-999 sq ft

Listed by TRILLIUMWEST REAL ESTATE

Unknown for 81 Samuel St, Kitchener Ontario N2H 1P5

Re-listed 8 hours ago

$•••,•••

Up to3K Cashback

81 Samuel St, Kitchener

Detached3+131100-1500 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 11 Van Horne Pl, Kitchener Ontario N2P 1J8

8 hours on market

Up to4K Cashback

11 Van Horne Pl, Kitchener

Detached3+321100-1500 sq ft

Listed by TRILLIUMWEST REAL ESTATE

Home with brick exterior material, street for 80 Doon Creek St, Kitchener Ontario N2R 0M3

Re-listed 10 hours ago

$•••,•••

Up to6K Cashback

80 Doon Creek St, Kitchener

Detached4+132000-2500 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 898 Robert Ferrie Dr, Kitchener Ontario N2R 0P2

11 hours on market

Up to7K Cashback

898 Robert Ferrie Dr, Kitchener

Townhouse3+141500-2000 sq ft

Listed by ROYAL LEPAGE IGNITE REALTY

Home with brick exterior material, street for 554 Bridgemill Cres, Kitchener Ontario N2A 0K3

11 hours on market

Up to7K Cashback

554 Bridgemill Cres, Kitchener

Detached463000-3500 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Indoor foyer for 1101 Lackner Pl #312, Kitchener Ontario N2A 0L3

12 hours on market

Up to3K Cashback

1101 Lackner Pl #312, Kitchener

Condo221200-1399 sq ft

Listed by ECLAT REALTY INC.

Home with vinyl exterior material, street for 50 Cornell Ave, Kitchener Ontario N2G 3E4

13 hours on market

Up to4K Cashback

50 Cornell Ave, Kitchener

Townhouse2+221100-1500 sq ft

Listed by RE/MAX ESCARPMENT TEAM LOGUE REALTY

Unknown for 1138 Weber St, Kitchener Ontario N2A 1B9

13 hours on market

Up to4K Cashback

1138 Weber St, Kitchener

Detached3+22700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with vinyl exterior material, building for 15 Stauffer Woods Tr #D13, Kitchener Ontario N2P 2P4

13 hours on market

Up to3K Cashback

15 Stauffer Woods Tr #D13, Kitchener

Condo331600-1799 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Just sold - Kitchener

Home with brick exterior material, street for 110 Wilhelm St, Kitchener Ontario N2H 5S4

Sold for $825,000

$26K above asking

110 Wilhelm St, Kitchener

Detached421100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 19 Old Park Lane, Kitchener Ontario N2N 2J7

Sold for $955,100

$56K above asking

19 Old Park Lane, Kitchener

Detached442000-2500 sq ft

Listed by PEAK REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 221 Sydney St, Kitchener Ontario N2G 3V6

Sold for $855,000

$15K below asking

221 Sydney St, Kitchener

Detached442000-2500 sq ft

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 80 Old Country Dr #9, Kitchener Ontario N2E 2E5

Sold for $455,000

$55K above asking

80 Old Country Dr #9, Kitchener

Condo321200-1399 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 38 Beechmanor Cres, Kitchener Ontario N2N 3H5

Sold for $807,000

$22K below asking

38 Beechmanor Cres, Kitchener

Detached431500-2000 sq ft

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

Home with brick exterior material, street for 165 Margaret Ave, Kitchener Ontario N2H 4H8

Sold for $633,000

$87K below asking

165 Margaret Ave, Kitchener

Detached431100-1500 sq ft

Listed by Century 21 Heritage House Ltd.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 900 Nathalie Crt #Lot 15, Kitchener Ontario N2P 0C9

Sold for $1,236,000

$14K below asking

900 Nathalie Crt #Lot 15, Kitchener

Detached44+12923 sq ft

Listed by PEAK REALTY LTD.

Home with brick exterior material, street for 110 Wilhelm St, Kitchener Ontario N2H 5S4

Sold for $825,000

$26K above asking

110 Wilhelm St, Kitchener

Detached421416 sq ft

Listed by Royal LePage Wolle Realty

Home with vinyl exterior material, street for 36 Tilley Crt, Kitchener Ontario N2B 2Y9

Sold for $835,000

$35K above asking

36 Tilley Crt, Kitchener

Detached3+23+12827 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 220 Doon South Dr, Kitchener Ontario N2P 2L8

Sold for $960,000

$29K below asking

220 Doon South Dr, Kitchener

Detached34+12463 sq ft

Listed by M1 Real Estate Brokerage Ltd

Population and Demographics

Overview

Total population 252787

Average household income $116,391

Age (%)

20 to 34

23%

0 to 19

23%

35 to 49

21%

50 to 64

18%

65 and plus

15%

Household composition (%)

Single family

65%

Single person

28%

Multi person

5%

Multi family

1%

Mother tongue (%)

English

77%

Others

6%

Spanish

3%

Punjabi (Panjabi)

2%

Arabic

2%

Serbian

1%

Romanian

1%

Portuguese

1%

German

1%

House tenancy (%)

Owners

60%

Renters

40%

Top 5 Schools in Kitchener

Williamsburg Public School760 Commonwealth Cr, N2E 4K7, Kitchener, ON

8.1/10

Public•JK-6

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

8/10

Public•JK-8

John Darling Public School200 Rolling Meadows Dr, N2N 3G9, Kitchener, ON

7.9/10

Public•JK-6

Canadian Martyrs Catholic Elementary School50 Confederation Dr, N2B 2X5, Kitchener, ON

7.8/10

Public•JK-8

St Mark Catholic Elementary School240 Autumn Hill Cres, N2N 1K8, Kitchener, ON

7.6/10

Public•JK-8

Transportation

Car Friendly

5/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

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