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May 2025 · Kitchener
Kitchener Sold Home Prices for May 2025
171 residential properties closed in Kitchener in May 2025. Average sold price of $724,084. 50.9% of homes sold above asking — a competitive sellers market.
Avg Sold Price $724,084
Median Price $700,000
Sale / List 102.4%
Over Asking 50.9%
Avg DOM 68 days
Total Sold
171
all residential
Avg Sold Price
$724,084
all types
Median Price
$700,000
mid-point
Sale / List
102.4%
avg ratio
Over Asking
50.9%
of all sales
Avg DOM
68
days on market
Prices by Property Type
Kitchener · May 2025
💰 Price Summary
Average Sold $724,084
Median Sold $700,000
Avg List Price $707,085
Lowest Sale $280,000
Highest Sale $1,925,000
Sale / List Ratio 102.4%
📊 Competition
Sold over asking 50.9%
Sold at asking 5.3%
Sold under asking 43.9%
Avg Days on Market 68 days
Fast · 050Slow · 100+
🔥 Sellers market — 50.9% sold above asking at a 102.4% sale-to-list ratio.
💰 Price Summary
Average Sold $483,435
Median Sold $472,500
Avg List Price $475,737
Lowest Sale $280,000
Highest Sale $783,000
Sale / List Ratio 101.6%
📊 Competition
Sold over asking 37.0%
Sold at asking 13.0%
Sold under asking 50.0%
Avg Days on Market 70 days
Fast · 050Slow · 100+
🧊 Buyers market — 50% sold below asking. Avg 70 days on market.
💰 Price Summary
Average Sold $833,385
Median Sold $748,000
Avg List Price $810,112
Lowest Sale $470,000
Highest Sale $1,925,000
Sale / List Ratio 102.9%
📊 Competition
Sold over asking 59.0%
Sold at asking 2.9%
Sold under asking 38.1%
Avg Days on Market 69 days
Fast · 050Slow · 100+
🔥 Sellers market — 59% sold above asking at a 102.87% sale-to-list ratio.
💰 Price Summary
Average Sold $558,064
Median Sold $520,000
Avg List Price $550,625
Lowest Sale $340,000
Highest Sale $875,000
Sale / List Ratio 101.4%
📊 Competition
Sold over asking 41.7%
Sold at asking 10.4%
Sold under asking 47.9%
Avg Days on Market 66 days
Fast · 050Slow · 100+
⚖️ Balanced — 41.7% over vs 47.9% under asking.
💰 Price Summary
Average Sold $740,000
Median Sold $730,000
Avg List Price $759,900
Lowest Sale $600,000
Highest Sale $900,000
Sale / List Ratio 97.4%
📊 Competition
Sold over asking 25.0%
Sold at asking 0.0%
Sold under asking 75.0%
Avg Days on Market 52 days
Fast · 050Slow · 100+
🧊 Buyers market — 75% sold below asking. Avg 52 days on market.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Waterloo | $795,315 | $723,750 | 101.2% | 86d | ⚖️ Balanced |
| Cambridge | $761,487 | $735,000 | 101.0% | 84d | 🧊 Buyers |
| Guelph | $752,555 | $747,500 | 99.6% | 84d | 🧊 Buyers |
| Woolwich | $929,586 | $885,303 | 99.9% | 86d | 🧊 Buyers |
| Wilmot | $929,129 | $765,000 | 100.7% | 76d | 🧊 Buyers |
Frequently Asked Questions
Kitchener · May 2025
The average sold price across all residential types in Kitchener was $724,084 in May 2025,
based on 171 closed transactions. The median was
$700,000.
Condos averaged $483,435, freehold averaged $833,385, and townhouses averaged $558,064.
The average Kitchener home took 68 days to sell in May 2025.
Freehold properties averaged 69 days while condos averaged 70 days.
In May 2025, condos averaged $483,435 while freehold homes averaged $833,385 —
a gap of $349,950.
Kitchener averaged $724,084 in May 2025. Guelph averaged $752,555. See the full May 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.
