Pioneer Tower WestHousing market

Pioneer Tower West

Pioneer Tower West Housing Market Report

Balanced Market

All types - for the month of September

Buyer's market Seller's market

3

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.

77

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*

16 active

New

12(-7.69% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 1, in 2023: 6, in 2022: 1

Total Sold Listings*

5 sold

Median Sold Price

$1,850,000

Avg Days on Market

77 days

Median Bidding

-$99,900

Compared to number of sold, same period, in 2024: 3, in 2023: 4, in 2022: 2

*Data is for the month of September

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

Sold vs Active vs New vs Relisted - Pioneer Tower West - All types

Sold Price Distribution - Pioneer Tower West - All types

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

Property Type Distribution - Pioneer Tower West - All types

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

Median Price - Pioneer Tower West - All types

Just listed - Pioneer Tower West

Home with brick exterior material, street for 44 Pioneer Ridge Dr, Kitchener Ontario N2P 0G6

Re-listed 4 days ago

$•••,•••

Up to33K Cashback

44 Pioneer Ridge Dr, Kitchener

Detached2+232500-3000 sq ft

Listed by REAL BROKER ONTARIO LTD.

Home with brick exterior material, street for 225 Terrace Wood Cres, Kitchener Ontario N2P 2T3

6 days on Market

Up to9K Cashback

225 Terrace Wood Cres, Kitchener

Detached443000-3500 sq ft

Listed by EXPRESS REALTY INC.

Home with brick exterior material, street for 928 Pioneer Grove Crt, Kitchener Ontario N2P 0B2

20 days on Market

$•••,•••

Up to5K Cashback

928 Pioneer Grove Crt, Kitchener

Detached331500-2000 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Unknown for 296 Edgehill Dr, Kitchener Ontario N2P 2C9

20 days on Market

Up to8K Cashback

296 Edgehill Dr, Kitchener

Detached433000-3500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 17 The Kirksway, Kitchener Ontario N2P 2J3

Re-listed 26 days ago

$•••,•••

Up to9K Cashback

17 The Kirksway , Kitchener

Detached433500-5000 sq ft

Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Unknown for 32 Pennsylvania Cres, Kitchener Ontario N2P 2S5

41 days on Market

Up to20K Cashback

32 Pennsylvania Cres, Kitchener

Detached443500-5000 sq ft

Listed by SAM MCDADI REAL ESTATE INC.

Home with brick exterior material, street for 912 Fall Harvest Crt, Kitchener Ontario N2P 0G6

Re-listed 46 days ago

$•••,•••

Up to14K Cashback

912 Fall Harvest Crt, Kitchener

Detached4+163500-5000 sq ft

Listed by CORCORAN HORIZON REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 50 Greensview Dr, Kitchener Ontario N2P 2E6

Re-listed 46 days ago

Up to14K Cashback

50 Greensview Dr, Kitchener

Detached321500-2000 sq ft

Listed by Century 21 Miller Real Estate Ltd.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 36 Marquette Dr, Kitchener Ontario N2P 2H3

47 days on Market

$•••,•••

Up to6K Cashback

36 Marquette Dr, Kitchener

Detached432000-2500 sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 91 Limerick Dr, Kitchener Ontario N2P 2G9

48 days on Market

Up to12K Cashback

91 Limerick Dr, Kitchener

Detached3+132000-2500 sq ft

Listed by PEAK REALTY LTD.

Just sold - Pioneer Tower West

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 121 Grand Hill Dr, Kitchener Ontario N2P 2E2

Sold 7 days ago

Sold for $1,175,000

$125K below asking

121 Grand Hill Dr, Kitchener

Detached432000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 70 Pioneer Tower Rd, Kitchener Ontario N2P 0B2

Sold 19 days ago

Sold for $1,300,000

$50K below asking

70 Pioneer Tower Rd, Kitchener

Detached443000-3500 sq ft

Listed by REAL BROKER ONTARIO LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 211 Edgehill Dr, Kitchener Ontario N2P 2C6

Sold 28 days ago

Sold for $1,850,000

$100K below asking

211 Edgehill Dr, Kitchener

Detached3+442000-2500 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 7 Jacob Gingrich Dr, Kitchener Ontario N2P 2X8

Sold 43 days ago

Sold for $1,850,000

$150K below asking

7 Jacob Gingrich Dr, Kitchener

Detached4+143000-3500 sq ft

Listed by CENTURY 21 MILLENNIUM INC.

Home with brick exterior material, street for 89 Winifred St, Kitchener Ontario N2P 2M7

Sold 46 days ago

Sold for $940,000

$10K below asking

89 Winifred St, Kitchener

Detached442000-2500 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Home with brick exterior material, street for 85 Candle Cres, Kitchener Ontario N2P 2K8

Sold 47 days ago

Sold for $810,000

$26K below asking

85 Candle Cres, Kitchener

Townhouse33+11753 sq ft

Listed by PEAK REALTY LTD.

Home with brick exterior material, unknown for 303 Terrace Wood Cres, Kitchener Ontario N2P 0A8

Sold 66 days ago

Sold for $1,800,000

$100K above asking

303 Terrace Wood Cres, Kitchener

Detached2+232000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 368 Joseph Schoerg Cres, Kitchener Ontario N2P 0A9

Sold 85 days ago

Sold for $1,585,000

$113K below asking

368 Joseph Schoerg Cres, Kitchener

Detached1+233000-3500 sq ft

Listed by THE AGENCY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 46 Grand Hill Dr, Kitchener Ontario N2P 2E4

Sold 85 days ago

Sold for $1,675,000

$425K below asking

46 Grand Hill Dr, Kitchener

Detached3+24+14879 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Home with brick exterior material, street for 15 Candle Cres, Kitchener Ontario N2P 2K7

Terminated

15 Candle Cres, Kitchener

Townhouse2+14+21867 sq ft

Listed by Global Platinum Realty Inc.

Population and Demographics

Overview

Total population 2473

Average household income $229,944

Age (%)

0 to 19

22%

20 to 34

16%

35 to 49

20%

50 to 64

24%

65 and plus

18%

Household composition (%)

Single family

81%

Single person

14%

Multi person

4%

Multi family

1%

Mother tongue (%)

English

78%

Others

6%

Punjabi (Panjabi)

4%

Mandarin

3%

German

2%

Arabic

2%

French

2%

House tenancy (%)

Owners

90%

Renters

10%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

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