Real Estate Market Report for
Kitchener, BC

Updated : Aug 2016
House
  • Median price $304,450
  • Monthly growth 1.82 %
  • Quarterly trend
  • Stock on market 0.29%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Kitchener Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Kitchener is number 1394 putting it in the top half of the country .

With Kitchener’s median house price at $304,450 in Aug , it is below average compared to the rest of British Columbia.

Kitchener’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

British Columbia has the third most amount of properties available to property investors, with Kitchener having 257th most in the province, out of a total of 359.

Will prices rise across the next year in in Kitchener? There are a number of real estate indicators to consider.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Can we guarantee how well Kitchener is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

If you are looking at investment properties in Kitchener, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $297,000
Demographics
  • Private dwellings occupied by usual residents1774
  • Population density per square kilometre2.8
  • Land area (square km)1615.93
  • Population in 20114464
  • Population in 20064575
  • 2006 to 2011 population change (%)-2.4
  • Total private dwellings2072
  • Age Characteristics
    Total population by age groups 4465
    0 to 4 years 260
    5 to 9 years 320
    10 to 14 years 310
    15 to 19 years 285
    15 years 55
    16 years 60
    17 years 55
    18 years 70
    19 years 45
    20 to 24 years 190
    25 to 29 years 145
    30 to 34 years 150
    35 to 39 years 175
    40 to 44 years 185
    45 to 49 years 280
    50 to 54 years 380
    55 to 59 years 370
    60 to 64 years 440
    65 to 69 years 335
    70 to 74 years 250
    75 to 79 years 190
    80 to 84 years 110
    85 years and over 70
    Median age of the population 48.6
    % of the population aged 15 and over 80.1
  • Marital Status
    Total population 15 years and over by marital status 3575
    Married or living with a common-law partner 2330
    Married (and not separated) 2020
    Living common-law 315
    Not married and not living with a common-law partner 1245
    Single (never legally married) 715
    Separated 85
    Divorced 215
    Widowed 225
    Family Characteristics
    Total number of census families in private households 1315
    Size of census family: 2 persons 855
    Size of census family: 3 persons 190
    Size of census family: 4 persons 135
    Size of census family: 5 or more persons 140
    Total number of census families in private households 1315
    Total couple families by family structure and number of children 1145
    Married couples 990
    Without children at home 670
    With children at home 320
    1 child 125
    2 children 105
    3 or more children 90
    Common-law couples 160
    Without children at home 95
    With children at home 55
    1 child 30
    2 children 15
    3 or more children 15
    Total lone-parent families by sex of parent and number of children 170
    Female parent 125
    1 child 55
    2 children 35
    3 or more children 35
    Male parent 45
    1 child 40
    2 children 5
    3 or more children 5
    Total children in census families in private households 1330
    Under six years of age 290
    6 to 14 years 555
    15 to 17 years 160
    18 to 24 years 225
    25 years and over 100
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 4455
    Number of persons not in census families 660
    Living with relatives 95
    Living with non-relatives only 120
    Living alone 445
    Number of census family persons 3790
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 955
    Number of persons not in census families aged 65 years and over 260
    Living with relatives 20
    Living with non-relatives only 25
    Living alone 215
    Number of census family persons aged 65 years and over 690
    Total number of private households by household type 1775
    Census-family households 1290
    One-family-only households 1180
    Couple-family households 1060
    Without children 725
    With children 335
    Lone-parent-family households 120
    Other family households 105
    One-family households with persons not in a census family 75
    Couple-family households 55
    Without children 25
    With children 30
    Lone-parent-family households 25
    Two-or-more-family households 30
    Non-census-family households 485
    One-person households 450
    Two-or-more-person households 40
    Total number of occupied private dwellings by structural type of dwelling 1775
    Single-detached house 1520
    Apartment, building that has five or more storeys 0
    Movable dwelling 225
    Other dwelling 25
    Semi-detached house 0
    Row house 5
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 5
    Total number of private households by household size 1775
    1 person 445
    2 persons 830
    3 persons 190
    4 persons 150
    5 persons 55
    6 or more persons 105
    Number of persons in private households 4450
    Average number of persons in private households 2.5
Census 2011

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