Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
May 2026 · Kitchener
Kitchener Sold Home Prices for May 2026
191 residential properties closed in Kitchener in May 2026. Average sold price of $723,790. 54.5% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $723,790
Median Price $685,000
Sale / List 100.9%
Over Asking 39.3%
Avg DOM 25 days
Previous Months
Total Sold
191
all residential
Avg Sold Price
$723,790
all types
Median Price
$685,000
mid-point
Sale / List
100.9%
avg ratio
Over Asking
39.3%
of all sales
Avg DOM
25
days on market
Prices by Property Type
Kitchener · May 2026
💰 Price Summary
Average Sold $723,790
Median Sold $685,000
Avg List Price $717,597
Lowest Sale $185,900
Highest Sale $1,850,000
Sale / List Ratio 100.9%
📊 Competition
Sold over asking 39.3%
Sold at asking 6.3%
Sold under asking 54.5%
Avg Days on Market 25 days
Fast · 050Slow · 100+
🧊 Buyers market — 54.5% sold below asking. Avg 25 days on market.
💰 Price Summary
Average Sold $440,414
Median Sold $456,250
Avg List Price $448,767
Lowest Sale $185,900
Highest Sale $760,000
Sale / List Ratio 98.1%
📊 Competition
Sold over asking 11.1%
Sold at asking 5.6%
Sold under asking 83.3%
Avg Days on Market 47 days
Fast · 050Slow · 100+
🧊 Buyers market — 83.3% sold below asking. Avg 47 days on market.
💰 Price Summary
Average Sold $815,088
Median Sold $773,000
Avg List Price $804,869
Lowest Sale $305,000
Highest Sale $1,850,000
Sale / List Ratio 101.3%
📊 Competition
Sold over asking 47.0%
Sold at asking 7.6%
Sold under asking 45.5%
Avg Days on Market 18 days
Fast · 050Slow · 100+
⚖️ Balanced — 47% over vs 45.5% under asking.
💰 Price Summary
Average Sold $562,665
Median Sold $580,000
Avg List Price $558,608
Lowest Sale $360,000
Highest Sale $760,000
Sale / List Ratio 100.7%
📊 Competition
Sold over asking 31.7%
Sold at asking 0.0%
Sold under asking 68.3%
Avg Days on Market 24 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.3% sold below asking. Avg 24 days on market.
💰 Price Summary
Average Sold $706,000
Median Sold $738,000
Avg List Price $757,967
Lowest Sale $640,000
Highest Sale $740,000
Sale / List Ratio 93.1%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 95 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 95 days on market.
Nearby Cities · May 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Waterloo | $752,727 | $695,000 | 100.7% | 27d | 🧊 Buyers |
| Cambridge | $687,114 | $655,500 | 100.8% | 24d | 🧊 Buyers |
| Guelph | $796,342 | $740,000 | 98.0% | 30d | 🧊 Buyers |
| Woolwich | $910,312 | $832,005 | 100.3% | 18d | ⚖️ Balanced |
| Wilmot | $935,321 | $880,000 | 101.2% | 20d | ⚖️ Balanced |
Frequently Asked Questions
Kitchener · May 2026
The average sold price across all residential types in Kitchener was $723,790 in May 2026,
based on 191 closed transactions. The median was
$685,000.
Condos averaged $440,414, freehold averaged $815,088, and townhouses averaged $562,665.
The average Kitchener home took 25 days to sell in May 2026.
Freehold properties averaged 18 days while condos averaged 47 days.
In May 2026, condos averaged $440,414 while freehold homes averaged $815,088 —
a gap of $374,674.
Kitchener averaged $723,790 in May 2026. Waterloo averaged $752,727. Cambridge averaged $687,114. See the full May 2026 Ontario summary →
Looking to buy or sell in Kitchener?
Work with a Roofup agent and get cashback on your purchase. No hidden fees.
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.
