Old Ottawa South Housing Market Today-MLS® Listing and Sales

As of this morning, 18 residential units are for sale in Old Ottawa South/ Rideau Gardens.  10 are detached units, 2 row and 6 semi-detached.  The price range is $367,000 to $1,189,000 with the average price $595,882. 

In the past 90 days 13 units sold at an average sold price of $550,065 and an average Days on the Market of 18.  It does not take long for a house to sell in this area.   

A Buyer would be wise to shop with specific criteria and be ready to buy quickly.

Embrun Housing Market Today – MLS® Listing and Sales

As of this morning, 41 residential units are for sale in Embrun.  40 are detached units and 1 is a row unit.  The price range is $164,900 to $609,900 with the average price $330,863.  There are a lot of wonderful choices available.

In the past 90 days 23 units sold at an average sold price of $277,928 and an average Days on the Market of 36.  It takes a little longer to sell a house in Embrun than in the city. 

A Buyer can take a little longer to decide on a purchase.

Housing Market – Ottawa – January and February

Buyers are having a sense of buying urgency in the past two months of 2010.  It seems that houses are just listed and – boom – sold.  I looked at three neighbourhoods to see if sales are really faster paced than last year.  Based on MLS® listings for sold residential units (not condos or multiple family dwellings, January and February last year and this:

Blackburn Hamlet:  5 units sold within an average 21 days in 2009.  This year, 9 units sold within an average of 10 days.

Central Park:  14 units sold within an average of 27 days in 2009.  This year 7 units sold within an average of 14 days.

Barrhaven:  100 units sold within an average of 27 days.  This year 103 units sold within an average of 17 days. 

Homes are definitely on the market for less time this year than last year.  For the prudent Buyer – know what you want and where you want to live, have a pre-approved, not just a pre-qualified, mortgage and be ready to have your agent write offers.

This market is not for the timid.

Ottawa Neighbourhood MLS® Sales 2009 – Golden Triangle

Golden Triangle MLS® Area 4104

 

Residential              17 Units

Detached                   6 Units; Average Price Sold $619,000, Average DOM – 27

Row                           8 Units; Average Price Sold $519,000, Average DOM – 31

Semi Detached        3 Units; Average Price Sold $697,000, Average DOM – 5

Condos                    29 Units; Average Price Sold $374,220, Average DOM – 25

 

Photo credit:  Adrice Smitton

Ottawa Neighbourhood MLS® Sales 2009 – Civic Hospital

Civic Hospital Area MLS® Area 4504

 

Residential              61 Units

Detached                 44 Units; Average Price Sold $550,660, Average DOM – 24

Row                           1 Unit

Semi Detached       16 Units; Average Price Sold $387,036, Average DOM – 29

Condos                    16 Units; Average Price Sold $334,593, Average DOM – 30

 

Photo credit:  Adrice Smitton

Ottawa Neighbourhood MLS® Sales 2009 – Stittsville

Stittsville MLS® Areas 8201, 8202, 8203 (including Fringewood)

 

Residential              363 Units

Detached                 297 Units; Average Price Sold $382,082, Average DOM – 34

Row                           52 Units; Average Price Sold $264,309, Average DOM – 24

Semi Detached       14 Units; Average Price Sold $316,978, Average DOM – 11

Condos                       49 Units (mostly row unit style) – Average Price Sold – $316,978, DOM – 26

 

Photo credit:  Adrice Smitton

Ottawa Neighbourhood MLS® Sales 2009 – Blackburn Hamlet

Blackburn Hamlet MLS® Areas  2310, 2302, 2303

 

Residential              57 Units

Detached                 38 Units; Average Price Sold $345,328, Average DOM – 29

Row                          15 Units; Average Price Sold $246,633, Average DOM – 35

Semi Detached         4 Units; Average Price Sold $233,550, Average DOM – 13

Condos                    49 Units (mostly row unit style)Average Price Sold $178,825, Average DOM – 19

 

Photo credit:  Adrice Smitton

Ottawa Neighbourhood MLS® Sales 2009 – Elmvale Acres

Elmvale Acres MLS® Areas 3701 through 3705

 

Residential              133 Units

Detached                 118 Units; Average Price Sold $303,616, Average DOM – 23

Row                              5 Units; Average Price Sold $371,200, Average DOM – 26

Semi Detached        10  Units; Average Price Sold $243,250, Average DOM – 46

 Condos                    27 Units

Average Price Sold $175,259, Average DOM – 33

 Multiple Family      1 Unit

Photo credit:  Adrice Smitton

Ottawa Neighbourhood MLS® Sales 2009 – Alta Vista

Alta Vista MLS® Areas 3601 through 3609

 

Residential              258 Units

Detached                 207 Units; Average Price Sold $421,090, Average DOM – 34

Row                           41 Units; Average Price Sold $327,960, Average DOM – 29

Semi Detached         10 Units; Average Price Sold $285,788, Average DOM – 63

Condos                    73 Units – Average Price Sold $270,982, Average DOM – 54

Multiple Family      2 Units

Photo credit:  Adrice Smitton

 

Ottawa Neighbourhood MLS® Sales 2009 – Westboro

Westboro MLS® Areas 5001, 5002 and 5003

Residential              129 Units

Detached                 73 Units; Average Price Sold $465,602, Average DOM – 22

Row                         18 Units; Average Price Sold $393,527, Average DOM – 32

Semi Detached       38 Units; Average Price Sold $489,221, Average DOM – 55 

Condos                    35 Units  Average Price Sold $437,906, Average DOM – 71 

Multiple Family      2 Units

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