Main Housing Stats for Sandy Hill, Last 90 days till July 29th 2020: The average house price in July 2020 was $576,715, an increase of 18.5% over July 2019. There were 56 home sales in Sandy Hill versus 75 last year and It took an average of 27 days for homes to sell versus 52 days last year.
Sandy Hill home evaluation
Historical Sandy Hill Average House Prices & Number of sales
The table below shows you the historical sold house prices for Sandy Hill going back as far as 2000.
|Year||# Sales||Average Price||% Change|
About the Sandy Hill area
There are a lot of older large single homes that have been converted to Apartments for rentals. Being so close to the University, it makes sense to turn the homes to their best use. There is the Rideau River and Strathcona Park at the Eastern end of Sandy Hill and The Canal is at the Western end, which leads to Centretown over the Laurier Avenue Bridge. The Southern end has some rental housing, and the North is bordered by Lowertown and the Byward Market. You'll find all sorts of people living in Sandy Hill, which is considered one of the Prestige Neighbourhoods to live in Ottawa.
The location is ideal, with nice tree-lined streets, near the river and park, and there are 4 or 5 Pubs and Restaurants in the neighbourhood, as well as a Community Centre. The Cordon Bleu Cooking School is located in Sandy Hill across from the park. You'll often see the RCMP patrolling the neighbourhood due to the large number of Foreign Embassies who choose to make Sandy Hill their home. If you're looking to buy a home in this area, expect to pay more than average for Ottawa, and most older homes might have lower basements and some will have rubble foundations. There are other issues with older homes in some neighbourhoods you should consider, like what type of wiring does it have, and what insulation type etc...
Current Statistics in Sandy Hill
Below are the live stats in Sandy Hill, using all active listings