Executive Summary

The Kitchener, British Columbia real estate market is currently classified as a balanced market. The median asking price is $665K, up 8.6% over the past 30 days.

There are currently 5 active listings. Inventory has increased 90.0% compared to last month.

Currently, listings spend an average of 46 days on market and the average price per square foot is $477.

Detached properties make up the largest share of the Kitchener market at 55% of active listings with an average price of $1.0M. Condo listings follow at 45% (avg $435K).

Sales Activity & Absorption

Volume

5
Active
46
Avg DOM
1
New (30d)
0
New (7d)

Market Signals

0
Price Cuts (30d)
0
New (7d)
0
Price Cuts
0
New (7d)

1 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
335 - Pioneer Park/Doon/Wyldwoods78$797K
212 - Downtown Kitchener/East Ward70$884K
313 - Downtown Kitchener/W. Ward44$455K
311 - Downtown/Rockway/S. Ward44$677K
333 - Laurentian Hills/Country Hills W41$579K
336 - Trussler26$954K
334 - Huron Park25$831K
228 - Chicopee/Freeport24$619K
325 - Forest Hill22$859K
114 - Uptown Waterloo/North Ward21$1.5M
327 - Fairview/Kingsdale21$661K
232 - Idlewood/Lackner Woods18$1.0M
Avg 3 schools nearbyAvg 8 parks nearbyAvg 12 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $665K, 20% down, 25yr amortization
$3,095/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Kitchener market currently has 5 active listings with a median price of $665K.

  • Prices rising (8.6% in 30 days)
  • Low price reduction rate (0% of listings)
  • Slow-moving market (46 avg days on market)
  • Average price per square foot is $477

For Buyers

The Kitchener market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes.

Search Kitchener

Browse all 5 active listings.

View All Listings

Market data is calculated from active and recently sold MLS listings as of February 28, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.