Kanata Real Estate Market Update

Main Housing Stats for Kanata, Nov 30, 2017: members of the Ottawa Real Estate Board sold a total of 1460 Residential Properties in Kanata. There were 1244 freehold houses sold, up by 1.6% over last year. There have been 216 condo sales, up by 21.3% over 2016

  • The average price for a residential house in Kanata is now $412,479, up by 2.2%
  • The average price for a Kanata condominium is now $220,565 down by 0.6%

How much does a Townhome cost in Kanata, versus a single family home or a Condominium?

Average price & the % change by House Type over the previous year

Type of home in Kanata Avg. Price % Change
Residential Townhome & Semi Detached  $347,706 6.2%
Residential Detached Single Family  $484,277 -0.8%
Condo Townhome $215,077 2.2%
Condo Apartment & Stacked  $227,427 -4.0%

How long does it take to sell a Home in Kanata?

Residential Townhomes took 27 days to sell, and detached homes took 40 days. Condo Townhomes took 65 days to sell, while it took 104 days to sell an Apartment or Stacked Condominium

How much are sellers' getting as a % of List Price?

Sellers' of Freehold Townhomes and Semis got 99.59% of their asking price, while Detached homes achieved 98.99% of their asking price. Condominium Townhomes and Semi-detached sales got 97.68% of list price, while Apartments and Stacked condos went for 96.97% of their listed price

Where was the most expensive & least expensive Home sales in Kanata for the previous month?

In case you're interested, we will report on the highest priced house sale for the previous month as well as the lowest priced sales throughout the year and will do the same with condos too.

The lowest priced residential sale was in Glencairn/Hazeldean, sold for $269,000 in just 7 days. The highest priced residential sale was in Kanata Lakes/Heritage Hills, it sold for $900,000 in 19 days

The lowest priced condo sale happened in Katimavik, it sold for $137,000 in 78 days. The highest priced condo sale was in Kanata Lakes/Heritage Hills that sold for $362,000 in 80 days


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Kanata Historical Statistics from 2000 - Current Year

Below are the number of sales, average price, % Increase or decrease in price, as well as the Time to Sell for Kanata homes and condos combined.

Year # Sales Avg. Price % Change Days to Sell
2000 1038 $170,355   41
2001 956 $186,131 9.3% 40
2002 1047 $210,673 13.2% 34
2003 1091 $225,111 6.8% 47
2004 1137 $240,068 6.6% 44
2005 1138 $251,077 4.6% 51
2006 1129 $265,191 9% 51
2007 1181 $274,856 3.6% 36
2008 1123 $288,252 4.9% 35
2009 1183 $295,563 2.5% 37
2010 1219 $323,254 9.4% 26
2011 1194 $339,060 4.9% 32
2012 1238 $347,499 2.5% 39
2013 1191 $352,933 1.6% 50
2014 1232 $361,597 2.4% 50
2015 1356 $362,454 0.9% 55
2016  1451 $380,294 4.9% 65
2017        

In the table above you can see that since 2000, Kanata has not seen any decreases in home values, year-over-year. 

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