Parkwood Hills Borden Farm real estate market report

Real Estate Stats & Sold House Prices in Parkwood Hills and Borden Farm

Statistics for the last 90 Days ending June 9, 2024 in Parkwood Hills area

There were 35 homes sold in Parkwood Hills area in the last 3 months, with an average price of $557,719, that's an increase of 9.2% over this same period last year, and includes all house types.

Related Page: Parkwood Hills homes for sale

Statistics for 2023 in Parkwood Hills and Borden Farm

There were 108 homes sold in Parkwood Hills and Borden Farm in 2023, with an average price of $518,592, that's a decrease of 2.9% over the previous year, this includes all house types.

What is the average price for a home in Parkwood Hills / Borden Farm, by type of property in 2023?

  • Single Family House average price was $764,000
  • Bungalow average price was $663,780
  • Townhouse average price was $529,169
  • Condo average price was $357,807

Parkwood Hills & Borden Farm Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 106 $129,578  
2001 98 $166,795 28.7%
2002 120 $178,575 7.1%
2003 120 $197,882 10.8%
2004 106 $212,386 7.3%
2005 120 $213,420 0.5%
2006 101 $218,099 2.2%
2007 109 $241,586 10.8%
2008 125 $261,623 8.3%
2009 120 $262,245 0.2%
2010 124 $287,465 9.6%
2011 113 $314,701 9.5%
2012 110 $327,383 4.0%
2013 114 $323,549 -1.2%
2014 106 $353,947 9.4%
2015 108 $350,645 -0.9%
2016 124 $325,301 -7.8%
2017 128 $348,597 7.2%
2018 137 $400,505 14.9%
2019 187 $412,169 2.9%
2020 179 $486,542 18.2%
2021 128 $535,338 10%
2022 101 $534,061 -0.2%
2023 108 $518,592 -2.9%

Keep an eye on the real estate activity in Parkwood Hills and Borden Farm, set up a Market Report and as new listings come up, you'll see them right away and see the average price for all homes that are listed.

Meadowlands Drive is central to the Parkwood Hills neighbourhood that stretches along both sides. Meadowlands Drive marks the northern boundary, however some of the neighbourhood continues on to Baseline Road. The eastern boudary is Fisher Avenue and western is Merivale Road. Included in this neighbourhood are Stewart Farm, Fisher Glen, CitiPlace and part of Carleton Heights.

Parkwood Hills is a prime location for students with its close proximity to Algonquin College and Carleton University. With its beautiful, mature trees and abundance of home options, Parkwood Hills is an ideal location for growing families. There is a planned mix of residential single family, townhouses and condominium apartments. Amenities include Inverness Park, and retail areas such as Emerald Plaza, Meadowlands Mall and the Merivale Mall. It’s a short commute to shopping on Baseline and Merivale Roads. This neighbourhood is well serviced by OC Transpo with multiple routes running through it and the Baseline Station bus hub nearby.

Catholic schools in the area include St. Rita and Frank Ryan. Public schools in the area include St. Pius High School, Sir Winston Churchill, and Merivale High School.  

Borden Farm is a small neighbourhood with a mix of condominium apartments, low rise apartments, townhouses and single family homes, largely built by Minto, that built the first high-rise condominium development in Canada in 1967. It is close to a variety of shopping centers such as the Meadowlands Mall, Merivale Mall and the Viewmount Centre strip mall that features a Metro, HomeSense and dine in restaurants.