Real Estate Blog - Ottawa

Compare prices across Kanata-Stittsville's neighbourhoods

The following stats are for the last 3 months, ending January 26, 2023 as compared to the same period last year.

• Most Sales: Stittsville with 71 homes sold
• Highest Average Selling Prices: Rural Kanata at $1,299,900
• Largest Average Price Increases:  There were none in the last 3 months. (all went down)
• Fastest Sales: Emerald Meadows/Trail West in 29 days

Highest and Lowest single home sale prices in Kanata-Stittsville

• Highest Sale Price: $2,100,000, 2-Storey Detached, 4-Bed, 3-Bath home in Kanata North East
• Lowest Sale Price: $225,000, 2-Storey Condo with 3 Beds and 2 Baths in Katimavik

Notable Stats for Kanata-Stittsville Neighbourhoods

Compare home sales and house prices in Barrhaven

Comparing neighbourhoods in Barrhaven for the last 3 months ending January 17, 2023 compared to the same period in 2022. 

• Most Sales: Half Moon Bay had 60 homes sell
• Highest Average Selling Prices: Cedar Hill/Orchard Estates at $1,025,000
• Largest Price Increases: Strandherd saw an increase of 6.9%
• Fastest Sales: Barrhaven on the Green saw homes selling on average in 20 days

Highest selling single sale in Barrhaven

• 2-Storey Detached 4-Bed/4-Bath in Winding Way at $1,320,000

Notable stats for Barrhaven Neighbourhoods

Compare house prices in Ottawa's South End Neighbourhoods

These stats are for the last 3 months ending January 16, 2023 compared to the same period in 2022. 

Notable Statistics for South End Neighbourhoods

Compare house prices in Ottawa's Far West Neighbourhoods

These stats are for the last 3 months ending January 15, 2023 compared to the same period in 2022.

• Most Sales: Bells Corners and Woodroffe and Western Parkway had 21 homes sell
• Highest Average Selling Prices: Qualicum Graham Park at $768,400
• Largest Price Increases: Brittania/Lincoln Heights saw an increase of 43.5% 
• Fastest Sales: Craig Henry homes are selling in 19 days

Highest and Lowest single house sales in Far West Ottawa and Nepean

• Highest Selling Price: Semi-Detached, 2-Storey, 4-Bed, 4-Bath home in Westboro Beach for $1,408,000
• Lowest Selling Price: Condo Apt., 2-Bed, 1-Bath in Britannia for $267,500

Notable Statistics for Far West and Nepean Neighbourhoods

See how house prices have changed in Ottawa's West End

These stats are for the last 3 months ending January 12, 2023 compared to the same period in 2022.

• Most Sales: Westboro/Hampton Park had 27 homes sell
• Highest Average Selling Prices: Highland Park, McKellar Park at $911,000
• Largest Price Increases: Wellington Village/Tunney's Pasture saw an increase of 19.5%
• Fastest Sales: Parkway Park at just 6 days

• Highest Selling Price: Highland/McKellar Park Condo Apt, 3-Bed, 3-Bath home for $1,925,000
• Lowest Selling Price: Parkwood Hills Condo Apt, 2-Bed, 1-Bath for $285,000

Notable Statistics for West End Neighbourhoods

See how house prices have changed in Ottawa's East End

These stats are for the last 3 months, ending January 11, 2023 compared to the same period in 2022.

• Most Sales: 29 homes sold in Cyrville/Pineview
• Highest Average Selling Price: $2,156,667 in Rockliffe Park
• Largest Price Increases: Carson Meadows saw prices rise by 28.5% 
• Fastest Sale: 19 days in Beacon Hill North

Highest and Lowest single home sales in East End Ottawa

• Highest Selling Price: $2,880,000, 5-Bed, 5-Bath, 3-Storey Home in Rockcliffe Park
• Lowest Selling Price: $235,000, 1-Bed, 1-Bath Condo in Beacon Hill South

Notable stats for East End Neighbourhoods

See how house prices have changed in Central Ottawa

These stats are for the last 3 months ending January 9, 2023 compared to the same period in 2022.

• Most Sales: 46 homes sold in Centretown
• Highest Average Selling Price: $1,102,748 in the Glebe
• Largest Price Increase: 30.6% in Mechanicsville
• Fastest Sales: average of 18 days on market in Mechanicsville

Most and Least expensive home sale in Central Ottawa

• Highest Selling Price: $2,425,000 2-Bed, 3-Bath, Condo in the Glebe
• Lowest Selling Price: $264,900 1-bed, 1-bath, Condo Apt. in Centretown

Notable Numbers for Central Neighbourhoods

Financial information from the sale of this Legal 6-Unit that SOLD in December, 2022

This 6-Unit property was located in Central Ottawa, with two 1-bedroom units and four 2-bedroom units. The property was listed for $1,999,999 and sold for $1,999,999.

Where will the real estate market be in 2023?

Here are our predictions. We also give you the predictions for 2023 from CMHC, REMAX and Royal Lepage.

'''

Here are our predictions about the real estate market in Ottawa in 2023 and 2024. We'll start off with some predictions from CMHC and the two largest brokerages in Ottawa.

CMHC: Unit sales will be 19,150, down 2.2% versus 2022. Average Price of $760,000, up by 3.4% over 2022.

ReMax: Unit sales will increase by 1.5% and house prices will go up by 4%.

Is this a New Tax or an Unfair Tax Grab by the City?

The City of Ottawa has started sending out letters to homeowners concerning the new "Vacant Unit Tax". If your home is vacant for a good part of the year, you have to pay the City of Ottawa 1% of the assessed value of your house.

If your house is worth $600,000 then you would owe the City $6000 if they find out your home was vacant for 1 year, or the better part of it.