Where are Ottawa's Priciest Neighbourhoods?

Published 14 July 12 06:01 AM | Gord McCormick 

Here are some stats on our priciest communities, based on year to date sales on the Ottawa Real Estate Board.  Remember that approximately 85% of property sales are below $500,000, so these higher end properties account for only about 15% of sales. (just over 3% of properties sold YTD have sold for more than $750,000)
Be cautious in reading too much in to these numbers and many averages are skewed due to small sample size or the mix of housing sold.  For example: Stonebridge does not show in the spreadsheet below, as the overall average of all properties sold is under $500,000.  However, when one removes the row townhomes and semis sold in Stonebridge the average of single homes sold was $606,715.  

The year to date overall price increase is averaging 2.7%, with residential homes up an average of 1.8% to $379,346 and condos up 4.0% to $270,741.  (both condos and residential properties are represented in the table below)

As always, consult your REALTOR® for details affecting your own situation or feel free to give us a call.  613-435-4692

Ottawa's

Priciest

Neighbourhoods



June 2012 YTD
MLS®districtNameAvg sale

% INC

# sales
1601Greely$557,96720.40%64
2101Rothwell Heights$875,7509.70%12
3101Manor Park$659,91019.813
3201Rockcliffe Park$1,785,49533.212
3202Rockcliffe Park$1,021,66722.66
3301New Edinburgh$672,6521.623
3302Lindenlea$570,1400.430
3603Faircrest Heights$791,40019.85
3606Alta Vista/Faircrest$615,8337.818
3607Alta Vista$626,36340.58
3608Playfair Park$552,95822.812
4301Ottawa West/Tunney's$538,710-14.85
4401Glebe$711,654-13.236
4402Glebe$658,252-7.327
4403Old Ottawa South$649,41824.524
4404Old Ottawa South$620,994-5.116
4406Ottawa East$682,50011.98
4504Civic Hospital$573,4251.135
4705Mooney's Bay$850,96026.95
4801Quinterra$531,22538
5001Westboro-North$577,727-6.711
5003Westboro-Hampton Park$541,7261.650
5101Woodroffe$503,027-3.415
5102Westboro-West$639,98011.620
5104McKellar-Highland$656,507-2.444
5105Laurentianview$516,2731.411
6204Whitehaven$572,013312
7102Qualicum/Bruce Farm/Graham Pk$543,088-4.58
7402Country Place/Pineglen$583,1821411
7806Cedarhill/Orchard Estates$1,311,25022.54
8001Manotick-Long Island$587,16711.112
8002Manotick Village/Estates$829,01313.915
8005Rideau Forest$712,147-11.117
9005Kanata NW$693,900-11.75
9006Kanata NE$602,50060.64
9009Rural Kanata-Central$593,3336.73
9104Huntley-SE$616,05036.110

Gord McCormick, Broker of Record
Dawn Davey, Broker
Oasis Realty Brokerage
613-435-4692
www.oasisrealtyottawa.com
oasisrealty@rogers.com

FULL SERVICE...FOR LESS!

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