Cedar HillHousing market

Cedar Hill

Cedar Hill Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

8

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

32

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*

15 active

New

7(+16.67% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 7, in 2023: 1, in 2022: 0

Total Sold Listings*

2 sold

Median Sold Price

$460,000

Avg Days on Market

32 days

Median Bidding

-$2,450

Compared to number of sold, same period, in 2024: 2, in 2023: 4, in 2022: 4

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Cedar Hill - All types

Sold Price Distribution - Cedar Hill - All types

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

Property Type Distribution - Cedar Hill - All types

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

Median Price - Cedar Hill - All types

Just listed - Cedar Hill

Unknown for 112 Benton St #710, Kitchener Ontario N2G 3H6

1 day on market

Up to8K Cashback

112 Benton St #710, Kitchener

Condo23+11698 sq ft

Listed by Royal LePage Wolle Realty

Patio, building for 81 Church St #1603, Kitchener Ontario N2G 4M1

9 days on market

Up to2K Cashback

81 Church St #1603, Kitchener

Condo21800-899 sq ft

Listed by REALTY EXECUTIVES EDGE INC.

Living room with furniture, unknown for 81 Church St #702, Kitchener Ontario N2G 4M1

12 days on market

Up to2K Cashback

81 Church St #702, Kitchener

Condo21900-999 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Just sold - Cedar Hill

Home with brick exterior material, building for 61 Madison Ave, Kitchener Ontario N2G 3M4

Sold 8 days ago

Sold for $600,000

$30K above asking

61 Madison Ave, Kitchener

Detached--2000-2500 sq ft

Listed by ACCSELL REALTY INC.

Unknown for 17 Peter St #7, Kitchener Ontario N2G 3J5

Sold 16 days ago

Sold for $475,000

17 Peter St #7, Kitchener

Condo21800-899 sq ft

Listed by EXP REALTY

Unknown for 112 Benton St #101, Kitchener Ontario N2G 3H6

Sold 16 days ago

Sold for $660,000

$25K below asking

112 Benton St #101, Kitchener

Condo221400-1599 sq ft

Listed by PEAK REALTY LTD.

Population and Demographics

Overview

Total population 462

Average household income $95,440

Age (%)

20 to 34

31%

35 to 49

20%

50 to 64

18%

65 and plus

17%

0 to 19

14%

Household composition (%)

Single person

51%

Single family

41%

Multi person

7%

Multi family

0%

Mother tongue (%)

English

83%

Arabic

2%

German

2%

Others

2%

Portuguese

2%

Spanish

2%

Mandarin

1%

Serbian

1%

French

1%

House tenancy (%)

Renters

69%

Owners

31%

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

4/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Variety of restaurants within walking distance