Kitchener MLS® Sold Data
0 Listings
About Kitchener Real Estate
Kitchener is a large city located an hour south of Toronto and it has become a popular spot for commuters who work in the GTA to lay roots in a community that is friendly and diverse. The Kitchener real estate market has stayed consistent over the past few decades. This includes a steady annual price increase and a healthy property inventory that is constantly being topped up to help meet the demand. Properties in Kitchener seldom stay on the market for more than two weeks, especially with there being two large universities and a college in the area. Kitchener is a part of the Region of Waterloo, which is world-renowned for its tech sector and is a hub for start-up companies. Kitchener remains a highly sought-after city that offers its residents a variety of activities to enjoy.
Understanding the Real Estate Market in Kitchener
The average price of a home in Kitchener is almost half of what you would pay in Toronto and other parts of the GTA. The diversity of the properties in the city is vast and consists of single-family dwellings, condominiums and townhouses that vary in price, size and location. There are brand new condos right in the downtown core and there are country homes on the outskirts of town. No matter what you’re looking for, Kitchener has something for everyone. Kitchener is home to an assortment of restaurants, bars, nightclubs, concert venues, art galleries, museums, golf courses and more to enjoy. Kitchener also has a variety of parks, trails and green spaces to explore. Come discover your next home in the growing city of Kitchener.
Kitchener Real Estate Statistics
Kitchener real estate average sold price in the last 30 days (January 21 - February 19) was $739,090, which is $10,563 (1.4%) higher than the average price of $728,527 in the previous 30 day period (December 22 - January 20), and $238,865 (32.3%) up from the same period 1 year ago ($500,225). Kitchener real estate prices over the last 30 days are also $35,233 (4.8%) higher than the average selling price of $703,857 over the past year.
Kitchener average sold price for homes was $831,421 in the last 30 days (January 21 - February 19), which is $24,805 (3.0%) down from the average home price of $856,226 in the previous 30 day period (December 22 - January 20), and $53,070 (6.4%) higher than the same period 1 year ago ($778,351). In the last 30 days Kitchener the average home price was $29,162 (3.5%) higher than the average selling price of $802,259 over the last 12 months.
Average Kitchener condo sold price over the last 30 days (January 21 - February 19) was $449,833. During this period it was $74,910 (16.7%) up from the average price of condo of $374,923 during the previous 30 days (December 22 - January 20), and $283,252 (63.0%) higher compared to the same period 1 year ago ($166,581). In the last 30 days Kitchener the average condo price was $48,232 (10.7%) higher than the average selling price of $401,601 over the last year.
Average sold price of Kitchener townhouse was $591,353 in the last 30 days (January 21 - February 19), down $53,666 (9.1%) from the average townhome price of $645,019 over the previous 30 days (December 22 - January 20), and $50,237 (8.5%) higher than during to the same period 1 year ago ($541,116). Over the last 30 days the average townhouse price in Kitchener was $8,153 (1.4%) lower compared to the average selling price of $599,506 over the last 12 months.