Cumberland Real Estate Market Report

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Related Pages: homes for sale in Cumberland

Main Housing Stats for Cumberland, Last 90 days till November 28th 2019: The average house price in Cumberland Ottawa in November 2019 was $558,494, an increase of 13% over November 2018. There were 17 home sales in Cumberland versus 20 last year and It took an average of 94 days for homes to sell versus 146 days last year.

Cumberland home values

The table below shows Cumberland area Home Prics and the Percentage Increase or Decrease over Previous Year.

Cumberland Historical Average House Prices and number of Sales

Year # Sales Average Price % Change
2000 54 $216,768  
2001 64 $246,262 13.6%
2002 54 $275,758 12.0%
2003 41 $277,980 0.8%
2004 65 $294,872 6.1%
2005 65 $322,383 9.3%
2006 72 $346,068 7.3%
2007 66 $354,738 2.5%
2008 44 $430,845 21.5%
2009 63 $406,742 -5.9%
2010 48 $422,521 3.9%
2011 50 $458,544 8.5%
2012 45 $465,622 1.5%
2013 44 $455,564 -2.2%
2014 41 $462,317 1.5%
2015 50 $487,679 5.5%
2016 72 $455,473 -7.1%
2017 63 $531,041 16.6%
2018 62 $517,367 -2.6%
2019      

The Cumberland area usually sees between 50 - 60 home sales every year, with a high of 72 in 2016. Since 2000 there were only 4 years when prices decreased, that was 2009, 2013, 2016 and again in 2018.

Current Real Estate Statistics, using all Active Listings in Cumberland

Active Properties
Address Beds Baths List Price DOM
1281 Georges Vanier Drive 4 6 $1,099,000 79 days
2975 Quillivan Lane 4 4 $825,000 111 days
2990 Wilhaven Drive 6 5 $1,475,000 166 days
Average: 4.7 5.0 $1,133,000 119 days
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Viewing 1 - 3 of 3

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