Meinzinger Park-LakesideHousing market

Meinzinger Park-Lakeside

Meinzinger Park-Lakeside Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

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.

26

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 active

New

2(-50.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 2, in 2023: 0, in 2022: 0

Total Sold Listings*

2 sold

Median Sold Price

$605,000

Avg Days on Market

26 days

Median Bidding

-$19,450

Compared to number of sold, same period, in 2024: 1, in 2023: 2, in 2022: 7

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Meinzinger Park-Lakeside - All types

Sold vs Active vs New vs Relisted - Meinzinger Park-Lakeside - All types

Sold Price Distribution - Meinzinger Park-Lakeside - All types

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

Property Type Distribution - Meinzinger Park-Lakeside - All types

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

Median Price - Meinzinger Park-Lakeside - All types

Just listed - Meinzinger Park-Lakeside

Home with brick exterior material, street for 46 Gilmour Cres, Kitchener Ontario N2M 4N4

5 days on market

Up to7K Cashback

46 Gilmour Cres, Kitchener

Detached321993 sq ft

Listed by TrilliumWest Real Estate Brokerage

Home with vinyl exterior material, street for 211 Lakeside Dr, Kitchener Ontario N2M 4C7

8 days on market

Up to4K Cashback

211 Lakeside Dr, Kitchener

Detached321100-1500 sq ft

Listed by RE/MAX ICON REALTY

Home with brick exterior material, street for 96 Village Rd, Kitchener Ontario N2M 4L2

9 days on market

Up to9K Cashback

96 Village Rd, Kitchener

Detached322403.77 sq ft

Listed by PEAK REALTY LTD.

Just sold - Meinzinger Park-Lakeside

Unknown for 30 Avalon Pl #108, Kitchener Ontario N2M 4N6

Sold 13 days ago

Sold for $300,000

$40K below asking

30 Avalon Pl #108, Kitchener

Condo21785.34 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 50 Lakeside Dr, Kitchener Ontario N2M 4C1

Sold 33 days ago

Sold for $915,000

$35K below asking

50 Lakeside Dr, Kitchener

Townhouse2+231100-1500 sq ft

Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 4 Avalon Pl #107, Kitchener Ontario N2M 4N6

Sold 37 days ago

Sold for $295,000

4 Avalon Pl #107, Kitchener

Condo21800-899 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Population and Demographics

Overview

Total population 3449

Average household income $94,038

Age (%)

20 to 34

23%

0 to 19

21%

35 to 49

19%

50 to 64

19%

65 and plus

18%

Household composition (%)

Single family

59%

Single person

34%

Multi person

7%

Multi family

1%

Mother tongue (%)

English

80%

Others

4%

Tigrigna

4%

Spanish

3%

Arabic

2%

Bilen

1%

Portuguese

1%

German

1%

French

1%

House tenancy (%)

Renters

51%

Owners

49%

Top 1 School in Meinzinger Park-Lakeside

Forest Hill Public School255 Westmount Rd E, N2M 4Z2, Kitchener, ON

4.6/10

Public•JK-6

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast 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

Few or no 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

2/5

Some shops within walking distance

Restaurants

3/5

Some restaurants within walking distance