Highland WestHousing market

Highland West

Highland West Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

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.

15

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*

27 active

New

16(0% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 5, in 2023: 2, in 2022: 3

Total Sold Listings*

6 sold

Median Sold Price

$476,000

Avg Days on Market

15 days

Median Bidding

-$2,400

Compared to number of sold, same period, in 2024: 6, in 2023: 7, in 2022: 23

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Highland West - All types

Sold Price Distribution - Highland West - All types

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

Property Type Distribution - Highland West - All types

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

Median Price - Highland West - All types

Just listed - Highland West

Unknown for 240 Westmeadow Dr #7A, Kitchener Ontario N2N 0A1

Re-listed 5 hours ago

$•••,•••

Up to2K Cashback

240 Westmeadow Dr #7A, Kitchener

Condo11700-799 sq ft

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

Living room with furniture, unknown for 498 BANKSIDE Dr, Kitchener Ontario N2N 3J3

Re-listed 2 days ago

$•••,•••

Up to4K Cashback

498 BANKSIDE Dr, Kitchener

Townhouse3+141100-1500 sq ft

Listed by CENTURY 21 PROPERTY ZONE REALTY INC.

Unknown for 319 Benesfort Cres, Kitchener Ontario N2N 3B6

2 days on market

Up to3K Cashback

319 Benesfort Cres, Kitchener

Semi-Detached32700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Just sold - Highland West

Unknown for 18 Highbarry Cres, Kitchener Ontario N2N 3P5

Sold 5 days ago

Sold for $908,800

$60K above asking

18 Highbarry Cres, Kitchener

Detached432000-2500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 38 Huck Cres, Kitchener Ontario N2N 0A4

Sold 13 days ago

Sold for $915,000

$35K below asking

38 Huck Cres, Kitchener

Detached432500-3000 sq ft

Home with brick exterior material, street for 183 Resurrection Dr, Kitchener Ontario N2N 3H1

Sold 16 days ago

Sold for $747,000

$47K above asking

183 Resurrection Dr, Kitchener

Detached32+11504 sq ft

Listed by Re/Max Icon Realty

Population and Demographics

Overview

Total population 11648

Average household income $133,453

Age (%)

0 to 19

25%

20 to 34

23%

50 to 64

20%

35 to 49

20%

65 and plus

12%

Household composition (%)

Single family

78%

Single person

17%

Multi person

4%

Multi family

1%

Mother tongue (%)

English

72%

Arabic

5%

Others

3%

Spanish

3%

Punjabi (Panjabi)

3%

Vietnamese

2%

Polish

2%

Romanian

2%

Mandarin

1%

Portuguese

1%

House tenancy (%)

Owners

75%

Renters

25%

Top 3 Schools in Highland West

Sandhills Public School1250 Victoria St S, N2N 3J2, Kitchener, ON

7.1/10

Public•JK-6

Resurrection Catholic Secondary School455 University Ave W, N2N 3B9, Kitchener, ON

6.5/10

Public•9-12

St Dominic Savio Catholic Elementary School3 Westforest Trail, N2N 3A6, Kitchener, ON

6.3/10

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

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

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance