Redwood Park real estate market report

Real Estate Stats & Sold House Prices in Redwood Park

Statistics for the last 90 Days ending May 14, 2024 in Redwood Park

There were 6 homes sold in Redwood Park in the last 3 months, with an average price of $440,939, that's a decrease of 10.8% over this same period last year, and includes all house types.

Related Page: Redwood Park homes for sale

Statistics for 2023 in Redwood Park

There were 38 homes sold in Redwood Park in 2023, with an average price of $451,753, that's a decrease of 7.1% over the previous year, this includes all house types.

What is the average price for a home in Redwood Park, by type of property in 2023?

  • Single Family House average price was $598,600
  • Townhouse average price was $516,423
  • Condo average price was $373,005

Redwood Park Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 40 $99,432  
2001 46 $113,547 14.2%
2002 39 $150,278 32.3%
2003 40 $142,090 -5.8%
2004 40 $159,063 11.9%
2005 33 $159,073 0.0%
2006 29 $163,028 2.5%
2007 37 $171,192 5.0%
2008 35 $172,361 0.7%
2009 36 $189,660 10.0%
2010 30 $205,738 8.5%
2011 32 $237,909 15.6%
2012 32 $239,063 0.5%
2013 41 $234,547 -1.9%
2014 28 $250,799 6.9%
2015 19 $243,628 -2.9%
2016 29 $238,555 2.1%
2017 38 $239,948 0.5%
2018 45 $261,487 9%
2019 44 $279,700 7%
2020 41 $384,134 38%
2021 51 $437,951 14%
2022 33 $486,382 11%
2023 38 $451,753 -7.1%

Keep an eye on the real estate activity in Redwood Park, 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.

In 2000 you could buy a house in Redwood Park for under $100,000 and in 2010 the average price was at over $200,000. This neighbourhood sees about 40-50 sales per year, with a high of 46 sales back in 2001 and a low of just 19 homes selling in 2015. With its main building boom in the 1960s and '70s, the average home price has more than doubled since 2010 to $437,951 in 2021.

About Redwood Park

Redwood Park is located between Morrison Drive and Greenbank in the west end of the city. There is a mix of single family homes, community housing and condominium apartments in this neighbourhood. The Queensway Carleton Hospital is a short drive away. 

Amenities include a small shopping plaza at Baseline & Pinecrest and is close to major shopping centers like Bayshore, IKEA, and specialty stores like Lee Valley Tools. 

A typical street in Redwood Park will have older single-family homes, no sidewalks and mature trees. 

Schools include St. Paul High School, Grant Alternative School and Académie de la Capitale IB World School just north of Morrison Drive.

OC Transpo services the area with about 10 bus lines, making commuting easy for residents.