Main Housing Stats for Cedar Hill/Orchard Estates, Last 90 days till February 10th 2020: The average house price in Cedar Hill/Orchard Estates, Ottawa in February 2020 was $855,000, a decrease of 53% over February 2019. There were 2 home sales in Cedar Hill/Orchard Estates versus 2 last year and It took an average of 70 days for homes to sell versus 196 days last year.
Orchard Estates & Cedarhill historical average House Prices
Below you can see the historical data in these areas from 2000 up till this year.
|Year||# Sales||Average Price||% Change|
We have posted the numbers above as we see them, but, with so few sales and with the large disparity in the sales prices, this makes the percentage increase or decrease in price huge some years. You can disregard this info due to the low sales numbers. Homes did not depreciate by 106% in 2013 and then increase by 86% 2 years later !
About Orchard Estates & Cedarhill
This neighbourhood is characterized by custom-built homes with larger lot sizes than you will typically find in most Ottawa neighbourhoods. The turnover-rate in Orchard Estates / Cedar Hill is relatively low, as can be seen in 2009 with only 6 homes being sold. The average number of sales is just 4 per year, with 7 homes sold in 2015. This is a very popular area to live, with not a lot of homes selling, and when they come up for sale, they sell fast.
Orchard Estates / Cedar Hill is considered to be part of the larger neighbourhood of Nepean. The neighbourhood is home to CedarHill Golf & Country Club and other recreational facilities are just a short drive away in Barrhaven such as the Walter Baker Sports Centre and the Barrhaven Tennis Club. While shopping opportuniteis in this neighbourhood may be meagre, again, Barrhaven is just a short drive away with an assortment of shops and services.