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Kitchener Market Report

Current conditions across 648 active for-sale listings and 287 rentals in Kitchener. Figures below are from live MLS® inventory and reflect asking prices.

Active for sale
648
listings on market
Median asking
$649,900
all property types
Avg. days on market
5
fast-moving market
Median rent
$2,200/mo
287 rentals available

By property type

Kitchener asking prices by property type
Property typeListingsMedian askingAvg. $/sq ftAvg. DOM
Detached42$714,000$6005
Condo apartment20$374,900$5465
Condo townhouse10$539,000$4186
Multiplex7$849,900$4825
Townhouse7$679,000$5647
Semi-detached5$599,900$5325
Retail2$939,900$1882
Business for sale2$149,9004
Office1$1,950,000$6183

Based on active listings only. Closed sale prices and sale-to-list ratios are VOW data, available to registered users.

What this means

Inventory in Kitchener is turning over quickly at an average of 5 days on market. Buyers should be pre-approved and ready to view within 48 hours of a listing going live; sellers have leverage on conditions and closing dates.

Remember that a city-wide figure hides a lot. and can behave completely differently in the same month, and condo and detached segments frequently diverge. For a decision that matters, use the numbers for your specific property type in your specific pocket.

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