Kanata Real Estate Market Update

Main Housing Stats for Kanata, Jan-Sept. 30th 2017: members of the Ottawa Real Estate Board sold a total of 1260 Residential Properties in Kanata. There were 1079 freehold houses sold, up by 3.5% over last year. There have been 181 condo sales, up by 29.2% over 2016.

  • The average price for a residential house in Kanata is now $412,922, up by 2.2%
  • The average price for a Kanata condominium is now $220,450 down by 0.6%

View listings of residential homes for sale in Kanata, or just Kanata condos for sale

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

Average price, number of sales as well as the % change by House Type over the previous year

Type of home Avg. Price % Change
Townhome & Semi Detached  $347,873 6.3%
Detached Single Family  $485,497 0.9%
Condo Townhome $215,615 1.4%
Condo Apartment & Stacked  $226,842 -2.8%

How long does it take for homes to sell in Kanata, and how much are sellers' actually getting?

  • Sellers' of Townhomes and Semis got 99.52% of their asking price
  • Detached homes achieved 99.03% of their asking price
  • Residential Townhomes took 29 days to sell, and detached homes took 41 days
  • Condominium Townhomes and Semi-detached sales got 97.88% of list price
  • Apartments and Stacked condos went for 97.05% of their listed price
  • Condo Towns took 65 days to sell, while it took 114 days to sell an Apartment or Stacked

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 as well as the lowest selling house throughout the year and will do the same with condos too. Numbers reported are Year-To-Date

  • The lowest priced residential sale was in Bridlewood, sold for $235,000 in 18 days
  • The highest priced residential sale was in Bridlewood, sold for $680,000 in 10 days
  • The lowest condo sale happened in Beaverbrook, it sold for $132,000 in 19 days
  • The highest priced condo sale was also in Bridlewood, sold for $260,000 in 25 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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