Cherry HillHousing market

Cherry Hill

Cherry Hill Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

9

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.

9

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*

9 active

New

7(+75.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 0, in 2022: 0

Total Sold Listings*

1 sold

Median Sold Price

$605,000

Avg Days on Market

9 days

Median Bidding

$25,100

Compared to number of sold, same period, in 2024: 2, in 2023: 2, in 2022: 5

*Data is for the month of March

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

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

Sold Price Distribution - Cherry Hill - All types

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

Property Type Distribution - Cherry Hill - All types

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

Median Price - Cherry Hill - All types

Just listed - Cherry Hill

Home with brick exterior material, street for 39 Sandra Ave, Kitchener Ontario N2M 1Z7

2 days on market

Up to4K Cashback

39 Sandra Ave, Kitchener

Detached52700-1100 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, unknown for 29 West Ave #204, Kitchener Ontario N2M 5E4

3 days on market

Up to2K Cashback

29 West Ave #204, Kitchener

Condo21900-999 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, unknown for 29 West Ave #102, Kitchener Ontario N2M 5E4

10 days on market

Up to4K Cashback

29 West Ave #102, Kitchener

Condo32+11046 sq ft

Listed by INTERNATIONAL REALTY FIRM INC BROKERAGE

Home with brick exterior material, street for 6 Herlan Ave, Kitchener Ontario N2G 4K3

29 days on market

Up to6K Cashback

6 Herlan Ave, Kitchener

Detached32+11372 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 29 West Ave #403, Kitchener Ontario N2M 5E4

35 days on market

Up to3K Cashback

29 West Ave #403, Kitchener

Condo11757 sq ft

Listed by RED AND WHITE REALTY INC.

Home with brick exterior material, street for 35 Waverly Rd, Kitchener Ontario N2G 2E1

37 days on market

Up to8K Cashback

35 Waverly Rd, Kitchener

Detached3+121264 sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 29 West Ave #702, Kitchener Ontario N2M 5E4

48 days on market

Up to2K Cashback

29 West Ave #702, Kitchener

Condo321000-1199 sq ft

Listed by REAL BROKER ONTARIO LTD.

Home with brick exterior material, street for 46 Cherry St, Kitchener Ontario N2G 2C6

50 days on market

Up to5K Cashback

46 Cherry St, Kitchener

Townhouse3+13- sq ft

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Living room with furniture, unknown for 29 West Ave #302, Kitchener Ontario N2M 5E4

Re-listed 63 days ago

$•••,•••

Up to4K Cashback

29 West Ave #302, Kitchener

Condo321000-1199 sq ft

Listed by RE/MAX REALTY SERVICES INC.

Just sold - Cherry Hill

Home with brick exterior material, street for 15 Cherry St, Kitchener Ontario N2G 2C5

Sold 56 days ago

Sold for $775,800

$176K above asking

15 Cherry St, Kitchener

Detached32- sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with vinyl exterior material, building for 58 Metzloff Dr, Kitchener Ontario N2M 1Z2

Sold 84 days ago

Sold for $640,000

$141K above asking

58 Metzloff Dr, Kitchener

Detached3+22- sq ft

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

Living room, wood floors for 29 WEST Ave #707, Kitchener Ontario N2M 5E4

Sold 111 days ago

Sold for $395,000

29 WEST Ave #707, Kitchener

Condo321800-1999 sq ft

Listed by RE/MAX Hallmark Realty Limited

Frontside or backside of a home, cottage for 375 Victoria St, Kitchener Ontario N2M 3A4

Sold 142 days ago

Sold for $543,000

$7K below asking

375 Victoria St, Kitchener

Detached32+11234 sq ft

Listed by RE/MAX SOLID GOLD REALTY (II) LTD.

Home with vinyl exterior material for 398 Victoria St, Kitchener Ontario N2M 3A5

Sold 168 days ago

Sold for $650,000

398 Victoria St, Kitchener

Detached32700-1100 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Standard bathroom, ceramic floors for 177 Highland Rd, Kitchener Ontario N2M 3C1

Sold 169 days ago

Sold for $595,000

177 Highland Rd, Kitchener

Detached22992 sq ft

Listed by RIGHT AT HOME REALTY BROKERAGE UNIT 36

Home with brick exterior material for 151 Patricia Ave, Kitchener Ontario N2M 1J5

Sold 189 days ago

Sold for $799,900

151 Patricia Ave, Kitchener

Townhouse-31857.84 sq ft

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

itso/IMG-40622488_1.jpg

Sold 191 days ago

Sold for $255,000

$15K above asking

29 West Ave #103, Kitchener

Condo11400 sq ft

Listed by Re/Max Icon Realty

itso/IMG-40651137_1.jpg

Sold 198 days ago

Sold for $639,000

$44K above asking

539 Belmont Ave #803, Kitchener

Condo221307 sq ft

Listed by RED AND WHITE REALTY INC.

itso/IMG-40629612_1.jpg

Sold 204 days ago

Sold for $332,900

29 West Ave #410, Kitchener

Condo21880 sq ft

Listed by Re/Max Icon Realty

Population and Demographics

Overview

Total population 3617

Average household income $100,520

Age (%)

20 to 34

30%

0 to 19

20%

35 to 49

19%

65 and plus

15%

50 to 64

15%

Household composition (%)

Single family

52%

Single person

41%

Multi person

7%

Multi family

0%

Mother tongue (%)

English

77%

Others

6%

Tigrigna

5%

Arabic

3%

Spanish

3%

Bilen

2%

House tenancy (%)

Renters

73%

Owners

27%

Top 1 School in Cherry Hill

St John Catholic Elementary School99 Strange St, N2G 1R4, Kitchener, ON

3.8/10

Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

1/5

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