The Glebe - House Sale Trend 2003 - YTD 2008

Posted on July 14, 2008 
Filed Under Neighbourly Ottawa, Valerie Zinger

What has happened to the price of homes in the Glebe and Old Ottawa South.  A reader of this site asked me to track the average sold prices for a three bedroom home in these two neighbourhoods.  It will make you wish you had invested in real estate in these neighbourhoods. 

Please keep in mind that every year different homes are being sold so it is only a trend not a predictor of a specific house.  The average price was calculated using data on the Ottawa Real Estate Board Multiple Listings site available to real estate representatives.  * YTD is as of July 12, 2008

THE GLEBE - Three Bedroom Home Sales

Year Sold Average Price($,000) %D
2003 37 $349.3  
2004 52 $382.0 9.4
2005 43 $413.2 8.2
2006 37 $415.1 0.5
2007 53 $458.3 10.4
YTD 2008* 20 $525.3 14.6

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