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August 2025 · Kitchener
Kitchener Sold Home Prices for August 2025
160 residential properties closed in Kitchener in August 2025. Average sold price of $686,377. 61.9% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $686,377
Median Price $675,000
Sale / List 100.3%
Over Asking 36.3%
Avg DOM 28 days
Previous Months
Total Sold
160
all residential
Avg Sold Price
$686,377
all types
Median Price
$675,000
mid-point
Sale / List
100.3%
avg ratio
Over Asking
36.3%
of all sales
Avg DOM
28
days on market
Prices by Property Type
Kitchener · August 2025
💰 Price Summary
Average Sold $686,377
Median Sold $675,000
Avg List Price $684,448
Lowest Sale $270,000
Highest Sale $1,800,000
Sale / List Ratio 100.3%
📊 Competition
Sold over asking 36.3%
Sold at asking 1.9%
Sold under asking 61.9%
Avg Days on Market 28 days
Fast · 050Slow · 100+
🧊 Buyers market — 61.9% sold below asking. Avg 28 days on market.
💰 Price Summary
Average Sold $454,843
Median Sold $432,450
Avg List Price $459,719
Lowest Sale $270,000
Highest Sale $1,080,000
Sale / List Ratio 98.9%
📊 Competition
Sold over asking 21.4%
Sold at asking 2.4%
Sold under asking 76.2%
Avg Days on Market 40 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.2% sold below asking. Avg 40 days on market.
💰 Price Summary
Average Sold $774,507
Median Sold $740,000
Avg List Price $768,667
Lowest Sale $420,000
Highest Sale $1,800,000
Sale / List Ratio 100.8%
📊 Competition
Sold over asking 44.8%
Sold at asking 1.9%
Sold under asking 53.3%
Avg Days on Market 23 days
Fast · 050Slow · 100+
🧊 Buyers market — 53.3% sold below asking. Avg 23 days on market.
💰 Price Summary
Average Sold $597,594
Median Sold $591,500
Avg List Price $598,762
Lowest Sale $365,000
Highest Sale $1,080,000
Sale / List Ratio 99.8%
📊 Competition
Sold over asking 25.0%
Sold at asking 0.0%
Sold under asking 75.0%
Avg Days on Market 27 days
Fast · 050Slow · 100+
🧊 Buyers market — 75% sold below asking. Avg 27 days on market.
💰 Price Summary
Average Sold $993,750
Median Sold $993,750
Avg List Price $995,900
Lowest Sale $993,750
Highest Sale $993,750
Sale / List Ratio 99.8%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 11 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 11 days on market.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Waterloo | $722,016 | $708,000 | 99.9% | 31d | 🧊 Buyers |
| Cambridge | $708,362 | $681,000 | 101.5% | 32d | 🧊 Buyers |
| Guelph | $793,728 | $758,000 | 97.4% | 38d | 🧊 Buyers |
| Woolwich | $935,482 | $800,000 | 98.1% | 37d | 🧊 Buyers |
| Wilmot | $1,099,991 | $990,000 | 99.5% | 22d | 🧊 Buyers |
Frequently Asked Questions
Kitchener · August 2025
The average sold price across all residential types in Kitchener was $686,377 in August 2025,
based on 160 closed transactions. The median was
$675,000.
Condos averaged $454,843, freehold averaged $774,507, and townhouses averaged $597,594.
The average Kitchener home took 28 days to sell in August 2025.
Freehold properties averaged 23 days while condos averaged 40 days.
In August 2025, condos averaged $454,843 while freehold homes averaged $774,507 —
a gap of $319,664.
Kitchener averaged $686,377 in August 2025. Cambridge averaged $708,362. 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.
