Main Housing Stats for Beacon Hill South, Last 90 days till August 19th 2020: The average house price in August 2020 was $401,104, an increase of 17.5% over August 2019. There were 36 home sales in Beacon Hill South versus 51 last year and It took an average of 17 days for homes to sell versus 26 days last year.
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Average House Prices in Beacon Hill South & Cardinal Heights
The table below shows you the historical prices for Beacon Hill South going back as far as 2000
|Year||# Sales||Average Price||% Change|
In the early 2000's we used to see more sales in these areas, up to 163 sales in 2002, but that has dropped to just over 100 in the last few years. From 2000 till 2008 home prices doubled in these areas, that is very fast.
We saw double digit price increases during the early years in the table above, from 2000 till 2005, even later on, after a couple of decreases, we saw rebounds in 2008 and 2011 again, with double digit increases.
Approximately 7,300 people live in Beacon Hill South, a primarily residential neighbourhood with single family homes on larger lots, townhomes and condominiums. It’s located in the east end of Ottawa just inside the Greenbelt, bordered by Montreal Rd. Hwy # 174 and Blair Rd. Across from Blair station is the Gloucester Centre with many amenities including a grocery store and gym
Many of the homes were constructed in the late 1960’s and 1970’s but you will see pockets of newer construction throughout the neighbourhood. LRT (Light Rapid Transit) that is scheduled for completion in 2018 will begin at Blair station where residents can quickly commute downtown and towards the west end of the city. But for those who prefer to drive, highway 417 is easily accessible. OC Transpo also services the area with regular and express buses.
Beacon Hill South is a bilingual community with a mix of Anglophone and Francophone schools. Amongst them is Colonel By, the only English public school in Ottawa that offers the IB (International Baccalaureate) diploma programme and is ranked as the number one secondary school in the city. This is located on Ogilvie Rd. north of Montreal Rd. There is no shortage of green space in this neighbourhood with many bike paths and walking trails.
Current Real Estate Statistics in Beacon Hill South area
The stats below are compiled using all current listings