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

Home with brick exterior material, street for 173 West Oak Tr, Kitchener Ontario N2R 0J3

Up to5K Cashback

173 West Oak Tr, Kitchener

Townhouse331500-2000 sq ft

Listed by Keller Williams Home Group Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 1694 Fischer Hallman Rd #H, Kitchener Ontario N2R 0J1

1 hour on market

Up to2K Cashback

1694 Fischer Hallman Rd #H, Kitchener

Condo21900-999 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Living room with furniture, unknown for 155 St Leger St #115, Kitchener Ontario N2H 0B9

Re-listed 2 hours ago

$•••,•••

Up to2K Cashback

155 St Leger St #115, Kitchener

Condo12700-799 sq ft

Listed by RE/MAX PREMIER INC.

Home with brick exterior material, street for 7 Shoreacres Dr, Kitchener Ontario N2R 0K7

3 hours on market

Up to4K Cashback

7 Shoreacres Dr, Kitchener

Detached3+241500-2000 sq ft

Listed by ROYAL LEPAGE TERREQUITY BHAVSAR REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 131 Traynor Ave #24, Kitchener Ontario N2C 2M6

3 hours on market

Up to2K Cashback

131 Traynor Ave #24, Kitchener

Condo321200-1399 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Indoor entryway for 27 Hackberry St, Kitchener Ontario N2E 3R9

4 hours on market

Up to3K Cashback

27 Hackberry St, Kitchener

Semi-Detached321100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 320 Otterbein Rd, Kitchener Ontario N2B 0A7

4 hours on market

Up to9K Cashback

320 Otterbein Rd, Kitchener

Detached4+153000-3500 sq ft

Listed by SMART FROM HOME REALTY LIMITED

Home with brick exterior material, street for 23 Meadowbrook Dr, Kitchener Ontario N2N 1E5

4 hours on market

Up to4K Cashback

23 Meadowbrook Dr, Kitchener

Detached321500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 121 Brock St, Kitchener Ontario N2M 1X2

Re-listed 4 hours ago

$•••,•••

Up to6K Cashback

121 Brock St, Kitchener

Detached21700-1100 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 737 Fairway Crt, Kitchener Ontario N2A 4B4

5 hours on market

Up to8K Cashback

737 Fairway Crt, Kitchener

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Just sold - Kitchener

Home with brick exterior material, street for 68 Valleyscape Dr, Kitchener Ontario N2P 0G3

Sold 21 hours ago

Sold for $1,285,000

$114K below asking

68 Valleyscape Dr, Kitchener

Detached452500-3000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, building for 275 Max Becker Dr #4, Kitchener Ontario N2B 1X8

Sold 21 hours ago

Sold for $380,000

$30K above asking

275 Max Becker Dr #4, Kitchener

Condo21700-799 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Home with vinyl exterior material, street for 326 Edwin St, Kitchener Ontario N2H 4P6

Sold for $706,808

$22K below asking

326 Edwin St, Kitchener

Townhouse-31859 sq ft

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

Home with brick exterior material, street for 10 Queen Charlotte Cres, Kitchener Ontario N2E 3N5

Sold for $840,111

$19K below asking

10 Queen Charlotte Cres, Kitchener

Detached34+22691 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 68 Valleyscape Dr, Kitchener Ontario N2P 0G3

Sold for $1,285,000

$114K below asking

68 Valleyscape Dr, Kitchener

Detached45+12523 sq ft

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

Home with brick exterior material, street for 26 Markwood Dr, Kitchener Ontario N2M 2H5

Sold for $739,900

26 Markwood Dr, Kitchener

Detached431500-2000 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 141 Steepleridge St, Kitchener Ontario N2P 2W2

Sold for $868,824

$69K above asking

141 Steepleridge St, Kitchener

Detached331500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 533 Terrington Cres, Kitchener Ontario N2P 0B9

Sold for $1,450,000

533 Terrington Cres, Kitchener

Detached4+153000-3500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 100 Jansen Ave, Kitchener Ontario N2A 2L6

Sold for $725,000

$25K below asking

100 Jansen Ave, Kitchener

Detached421500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 709 Frederick St, Kitchener Ontario N2B 2B3

Sold for $699,000

709 Frederick St, Kitchener

Semi-Detached3+131100-1500 sq ft

Listed by LUXE HOME TOWN REALTY INC.

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