KitchenerHousing market

Kitchener

Kitchener Housing Market Report

Balanced Market

All types - for the month of March

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.

29

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*

923 active

New

574(+23.71% YoY)

Relisted

108(+52.11% YoY)

Compared to number of active, same period, in 2024: 380, in 2023: 101, in 2022: 47

Total Sold Listings*

213 sold

Median Sold Price

$698,000

Avg Days on Market

29 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 280, in 2023: 303, in 2022: 522

*Data is for the month of March

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

Indoor foyer for 60 Frederick St #1302, Kitchener Ontario N2H 0C7

1 hour on market

Up to5K Cashback

60 Frederick St #1302, Kitchener

Condo22700-799 sq ft

Listed by IPRO REALTY LTD.

Home with brick exterior material, street for 46 Crestwood Ave, Kitchener Ontario N2H 4K7

2 hours on market

Up to4K Cashback

46 Crestwood Ave, Kitchener

Detached32700-1100 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

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 2 hours ago

$•••,•••

Up to4K Cashback

62 Colton Circ, Kitchener

Townhouse331100-1500 sq ft

Listed by CENTURY 21 PROPERTY ZONE REALTY INC.

Just sold - Kitchener

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 185 Kehl St #504, Kitchener Ontario N2M 5B9

Sold 23 hours ago

Sold for $319,900

185 Kehl St #504, Kitchener

Condo22900-999 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Home with vinyl exterior material, street for 26 Brubacher St, Kitchener Ontario N2H 2V9

Sold 23 hours ago

Sold for $759,900

$10K above asking

26 Brubacher St, Kitchener

Detached321500-2000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 278 Sophia Cres, Kitchener Ontario N2R 1X9

Sold 23 hours ago

Sold for $712,000

$18K below asking

278 Sophia Cres, Kitchener

Townhouse331100-1500 sq ft

Listed by PEAK REALTY 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