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Kitchener

Why you'd want to live in Kitchener

With a population of over 240,000, Kitchener offers big-city excitement without losing its small-town charm. The city’s deep Germanic roots and history are most evident during the annual Kitchener-Waterloo Oktoberfest, the largest celebration of all things Bavarian outside of Germany. Come join in the fun as the entire city dusts off its lederhosen and dirndls to polka and sing from morning till night during the 9-day festival. But Kitchener is known far and wide for more than the Tapping of the Keg. The 2015 annual TD Kitchener Blues Festival drew 150,000 people over the four-day festival, with performances by some of the biggest names in blues from around the world. Add on the KOI Music Festival and Big Music Fest — one of the largest music festivals in Ontario — and Kitchener is the place to be for music lovers. Kitchener also celebrates its rich cultural heritage through its many intriguing museums. Visit the historic Homer Watson House and Gallery and learn about one of Canada’s most celebrated masters, or stroll through the Waterloo Region Museum and Doon Heritage Village to experience first hand what life was like in Waterloo County in 1914. Twenty-two historic buildings and period-costumed interpreters bring the past to vibrant life for you and your family. Home of the Kitchener-Waterloo Art Gallery and world-class performing arts theatre, the Centre in the Square, Kitchener is a hub of artistic and cultural celebrations. Explore the many restaurants and cafes, sample a craft beer in a microbrewery or stretch out by the lake in historic Victoria Park. Whatever you choose, Kitchener’s pride in its history and cultural diversity makes this a truly unique city. via Explore Waterloo Region

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Kitchener Market Report

$649,500

AVERAGE PRICE OF 267 HOMES

$2,595,741

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$531,002

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$575,580

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

$741,174

AVERAGE PRICE OF 4 HOMES WITH A POOL

Average Home

Average Price $649,500
Avg Bedrooms 3 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $267,585
2 bedrooms $436,328
3 bedrooms $503,143
4 bedrooms $814,109
5 bedrooms $596,462
Kitchener Home Price Trends
  3/2018 2/2018 1/2018 12/2017 11/2017
Total Listings 417 359 295 389 491
Average Price $609,968 $631,957 $638,156 $639,255 $611,430
Avg Price Change -3.60% -0.98% -0.17% +4.55% +6.22%
Median Price $499,224 $498,166 $509,084 $513,734 $478,773
Med Price Change +0.21% -2.19% -0.91% +7.30% +6.32%
Avg Bedrooms 3 beds 3 beds 2.98 beds 3 beds 3 beds
Avg Bathrooms 2.26 baths 2.28 baths 2.33 baths 2.4 baths 2.36 baths
Total Homes Average Price Avg Days on Market
All Homes 267 $649,500 52 days
Multi-Million Dollar Homes 14 $2,595,741 97 days
Newly Built Homes 42 $531,002 46 days
Reduced Price Homes 5 $575,580 78 days
Homes with a Pool 4 $741,174 9 days