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August 2025 · Kitchener
Kitchener Sold Home Prices for August 2025
259 residential properties closed in Kitchener in August 2025. Average sold price of $724,902. 51.7% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $724,902
Median Price $696,000
Sale / List 101.5%
Over Asking 42.9%
Avg DOM 78 days
Total Sold
259
all residential
Avg Sold Price
$724,902
all types
Median Price
$696,000
mid-point
Sale / List
101.5%
avg ratio
Over Asking
42.9%
of all sales
Avg DOM
78
days on market
Prices by Property Type
Kitchener · August 2025
💰 Price Summary
Average Sold $724,902
Median Sold $696,000
Avg List Price $713,957
Lowest Sale $150,000
Highest Sale $2,775,000
Sale / List Ratio 101.5%
Luxury Sold
1
Avg Luxury
$1,510,000
Luxury Share
0.4%
📊 Competition
Sold over asking 42.9%
Sold at asking 5.4%
Sold under asking 51.7%
Avg Days on Market 78 days
Fast · 050Slow · 100+
🧊 Buyers market — 51.7% sold below asking. Avg 78 days on market.
💰 Price Summary
Average Sold $467,765
Median Sold $465,000
Avg List Price $469,198
Lowest Sale $150,000
Highest Sale $1,510,000
Sale / List Ratio 99.7%
Luxury Sold
1
Avg Luxury
$1,510,000
Luxury Share
1.3%
📊 Competition
Sold over asking 32.0%
Sold at asking 2.7%
Sold under asking 65.3%
Avg Days on Market 85 days
Fast · 050Slow · 100+
🧊 Buyers market — 65.3% sold below asking. Avg 85 days on market.
💰 Price Summary
Average Sold $857,955
Median Sold $785,000
Avg List Price $838,129
Lowest Sale $350,000
Highest Sale $2,775,000
Sale / List Ratio 102.4%
📊 Competition
Sold over asking 49.7%
Sold at asking 6.9%
Sold under asking 43.4%
Avg Days on Market 75 days
Fast · 050Slow · 100+
⚖️ Balanced — 49.7% over vs 43.4% under asking.
💰 Price Summary
Average Sold $608,405
Median Sold $580,500
Avg List Price $605,416
Lowest Sale $330,000
Highest Sale $1,510,000
Sale / List Ratio 100.5%
Luxury Sold
1
Avg Luxury
$1,510,000
Luxury Share
1.6%
📊 Competition
Sold over asking 39.1%
Sold at asking 3.1%
Sold under asking 57.8%
Avg Days on Market 73 days
Fast · 050Slow · 100+
🧊 Buyers market — 57.8% sold below asking. Avg 73 days on market.
💰 Price Summary
Average Sold $829,728
Median Sold $787,500
Avg List Price $830,440
Lowest Sale $675,000
Highest Sale $1,300,000
Sale / List Ratio 99.9%
📊 Competition
Sold over asking 40.0%
Sold at asking 0.0%
Sold under asking 60.0%
Avg Days on Market 90 days
Fast · 050Slow · 100+
🧊 Buyers market — 60% sold below asking. Avg 90 days on market.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Waterloo | $763,142 | $720,000 | 100.2% | 87d | 🧊 Buyers |
| Cambridge | $732,567 | $720,000 | 101.4% | 82d | 🧊 Buyers |
| Guelph | $816,727 | $768,000 | 98.0% | 84d | 🧊 Buyers |
| Woolwich | $1,078,100 | $960,000 | 98.1% | 93d | 🧊 Buyers |
| Wilmot | $969,156 | $996,750 | 99.4% | 92d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · August 2025
The average sold price across all residential types in Kitchener was $724,902 in August 2025,
based on 259 closed transactions. The median was
$696,000.
Condos averaged $467,765, freehold averaged $857,955, and townhouses averaged $608,405.
The average Kitchener home took 78 days to sell in August 2025.
Freehold properties averaged 75 days while condos averaged 85 days.
In August 2025, condos averaged $467,765 while freehold homes averaged $857,955 —
a gap of $390,190.
Kitchener averaged $724,902 in August 2025. Cambridge averaged $732,567. See the full August 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Kitchener, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
