Central Park Real Estate Market Report

or Create your own market report

Related Pages: Central Park homes for sale - All West Ottawa homes

Main Housing Stats for Central Park, Last 90 days till September 1st 2020: The average house price in September 2020 was $518,863, a decrease of 24.6% over September 2019. There were 24 home sales in Central Park versus 24 last year and It took an average of 34 days for homes to sell versus 18 days last year.

Want an evaluation of your home?

House values in Central Park Ottawa

History of Central Park Sold House Prices

The table below shows you the historical prices for Central Park going back till 2000, with the percent change in price each year

Year # Sales Average Price % Change
2000 14 $185,414  
2001 25 $200,696 8.2%
2002 49 $228,888 14.0%
2003 58 $224,793 -1.8%
2004 59 $255,452 13.6%
2005 65 $245,012 -4.3%
2006 70 $240,104 -2.0%
2007 82 $270,393 12.6%
2008 88 $290,264 7.3%
2009 73 $303,322 4.5%
2010 89 $340,136 12.1%
2011 84 $361,604 6.3%
2012 80 $365,737 1.1%
2013 76 $377,507 3.2%
2014 72 $378,752 0.3%
2015 81 $387,128 2.2%
2016 74 $379,497 -2.0%
2017 76 $394,858 4%
2018 55 $379,836 -3.8%
2019      

About Central Park

Central Park was a fairly new, developing neighbourhood around early 2000's as you can see from the number of sales, only 14 in 2000. This quickly increased up to an average of around 70 or 80 sales since 2006.

Central Park is located in the West End of Ottawa and has some older homes as well as a newer development that was built around 2000. You can pick up a cheaper older townhouse, or a large newer single family home over $700,000. Central Park is a bit of an oddity in a good way. It's considered newer construction for that part of Ottawa. It's got the Experimental Farm to it's south and east with a paved bike trail that runs to the west or right down town to the Chateau Laurier.

However there is a lower socio-economic neighbourhood with lots of rentals and subsidized housing immediately to it's north in Carlington Park. This neighbourhood has been making newspaper headlines in the past few years, for all the wrong reasons! Central Park is a great location for transit and shopping. The Queensway is a few minutes away by going north on Maitland Ave. There's about every kind of shopping one would need on Merivale Road and the newer plaza built at Baseline and Clyde Ave. where the old Laurentian High School used to be.

Current Real Estate Statistics in Central park

The stats below are using all currently active listings

Active Properties
Address Beds Baths List Price DOM
310 Central Park Drive Unit#7F 1 1 $319,900 1 day
47 Celebration Street 3 3 $559,900 9 days
Average: 2.0 2.0 $439,900 5 days
Viewing 1 - 2 of 2
Viewing 1 - 2 of 2

board logoboard logo

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.