Pioneer Tower WestHousing market

Pioneer Tower West

Pioneer Tower West Housing Market Report

Strong Buyer's Market

All types - for the month of April

Buyer's market Seller's market

11

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*

21 active

New

14(0% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 16, in 2023: 1, in 2022: 0

Total Sold Listings*

2 sold

Median Sold Price

$2,037,500

Avg Days on Market

9 days

Median Bidding

$15,050

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

*Data is for the month of April

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 45 Pioneer Tower Cres, Kitchener Ontario N2P 2L2

Re-listed 16 hours ago

$•••,•••

Up to9K Cashback

45 Pioneer Tower Cres, Kitchener

Detached553000-3500 sq ft

Listed by Real Broker Ontario Ltd.

Home with brick exterior material, street for 215 Black Maple Crt, Kitchener Ontario N2P 2W8

2 days on market

Up to13K Cashback

215 Black Maple Crt, Kitchener

Detached643000-3500 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, unknown for 924 Deer Ridge Crt, Kitchener Ontario N2P 2L3

2 days on market

Up to33K Cashback

924 Deer Ridge Crt, Kitchener

Detached3+25+15466.21 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 570 Linden Dr #20, Cambridge Ontario N3H 0C9

10 days on market

Up to7K Cashback

570 Linden Dr #20, Cambridge

Townhouse331500-2000 sq ft

Listed by RE/MAX PARAMOUNT REALTY

Home with brick exterior material, unknown for 17 The Kirksway N/A, Kitchener Ontario N2P 2J3

16 days on market

Up to10K Cashback

17 The Kirksway N/A, Kitchener

Detached433500-5000 sq ft

Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Home with brick exterior material, street for 229 Terrace Wood Cres, Kitchener Ontario N2P 2T3

20 days on market

Up to10K Cashback

229 Terrace Wood Cres, Kitchener

Detached443000-3500 sq ft

Listed by REAL BROKER ONTARIO LTD.

Home with brick exterior material, mountain view for 17 The Kirksway, Kitchener Ontario N2P 2J3

21 days on market

Up to20K Cashback

17 The Kirksway , Kitchener

Detached433705 sq ft

Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

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

22 days on market

Up to8K Cashback

15 Candle Cres, Kitchener

Townhouse24+21867 sq ft

Listed by Global Platinum Realty Inc.

Home with brick exterior material, street for 20 Jacob Gingrich Dr, Kitchener Ontario N2P 2X9

Re-listed 22 days ago

$•••,•••

Up to9K Cashback

20 Jacob Gingrich Dr, Kitchener

Detached553500-5000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 260 Deer Ridge Dr #9, Kitchener Ontario N2P 2M3

22 days on market

Up to8K Cashback

260 Deer Ridge Dr #9, Kitchener

Condo2+142250-2499 sq ft

Listed by TRILLIUMWEST REAL ESTATE

Just sold - Pioneer Tower West

Unknown for 30 Candle Cres, Kitchener Ontario N2P 2K7

Sold 8 days ago

Sold for $875,000

$24K below asking

30 Candle Cres, Kitchener

Townhouse2+241500-2000 sq ft

Listed by RED APPLE REAL ESTATE INC.

Unknown for 65 Edgehill Dr, Kitchener Ontario N2P 2C7

Sold 10 days ago

Sold for $1,479,000

$20K below asking

65 Edgehill Dr, Kitchener

Detached332000-2500 sq ft

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

Home with brick exterior material, street for 929 Riverstone Crt, Kitchener Ontario N2P 0A3

Sold 27 days ago

Sold for $2,300,000

$145K below asking

929 Riverstone Crt, Kitchener

Detached443000-3500 sq ft

Listed by CORCORAN HORIZON REALTY

Home with brick exterior material, street for 44 Jacob Gingrich Dr, Kitchener Ontario N2P 2X9

Sold 31 days ago

Sold for $1,775,000

$175K above asking

44 Jacob Gingrich Dr, Kitchener

Detached4+15+15400 sq ft

Listed by Engel & Volkers Waterloo Region

Home with brick exterior material, street for 38 Candle Cres, Kitchener Ontario N2P 2K7

Sold 61 days ago

Sold for $875,000

$20K below asking

38 Candle Cres, Kitchener

Townhouse23- sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

Home with brick exterior material, street for 269 Deer Ridge Dr, Kitchener Ontario N2P 2K6

Sold 81 days ago

Sold for $1,170,000

$30K below asking

269 Deer Ridge Dr, Kitchener

Detached432000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material for 55 WAGON St, Waterloo Ontario N2P 2T5

Sold 150 days ago

Sold for $1,520,000

$80K below asking

55 WAGON St, Waterloo

Detached4+24- sq ft

Listed by COLDWELL BANKER PETER BENNINGER BROKERAGE

Frontside or backside of a home, cottage for 180 Edgehill Dr, Kitchener Ontario N2P 2C6

Sold 153 days ago

Sold for $1,132,000

$93K below asking

180 Edgehill Dr, Kitchener

Detached423397 sq ft

Listed by R.W. Dyer Realty Inc., Brokerage

Frontside or backside of a home, cottage for 173 Deer Ridge Dr, Kitchener Ontario N2P 2K5

Sold 170 days ago

Sold for $978,000

$22K below asking

173 Deer Ridge Dr, Kitchener

Detached3+141500-2000 sq ft

Listed by EXP REALTY

Indoor foyer, wood floors for 55 Candle Cres, Kitchener Ontario N2P 2K8

Sold 171 days ago

Sold for $950,000

$74K below asking

55 Candle Cres, Kitchener

Townhouse23+12630 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Population and Demographics

Overview

Total population 2473

Average household income $229,944

Age (%)

50 to 64

24%

0 to 19

22%

35 to 49

20%

65 and plus

18%

20 to 34

16%

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