A Moose is Loose
Ottawa’s 2012 Real Estate Market Reviewed by Neighbourhood
by Dave Williams

Aside from Moose invading our pools – this years big news in the suburbs was the real estate market.

Between government layoffs, hi-tech swings, and new mortgage rules we were all on the edge of our seats with antic-i-pation.

Here’s how it played out by area
Disclaimer on Average Sales Price

Orleans
In Orleans last year (2012) 1791 Homes sold, up from 1717 in 2011
The average sales price Increased by 3.8% to $343,322

Chatelaine Village
100 Homes sold in 2012, up from 76 in 2011.
The average sales price Increased by 3.1% to $300,435

Billberry Creek & Queenswood Heights
179 Homes sold in 2012, up from 157 in 2011.
The average sales price Increased by 2.5% to $307,020

Fallingbrook
418 Homes sold in 2012, up from 394in 2011.
The average sales price Increased by 1.4% to $333,817

Avalon, Nottingate & Springridge
471 Homes sold in 2012, down from 487 in 2011.
The average sales price Increased by 3.1% to $365,846

Convent Glen
37 Homes sold in 2012, up from 34 in 2011.
The average sales price Increased by 2.3% to $404,519

Hiawatha Park
20 Homes sold in 2012, down from 24 in 2011.
The average sales price Decreased by 1% to $319,255

Orleans Woods
39 Homes sold in 2012, down from 46 in 2011.
The average sales price Decreased by 7.9% to $219,400

Convent Glen North
83 Homes sold in 2012, equal to 83 in 2011.
The average sales price Decreased by 1.8 to $249,773

Convent Glen South
52 Homes sold in 2012, up from 41 in 2011.
The average sales price Decreased by 4.1% to $281,654

Chapel Hill
136 Homes sold in 2012, up from 121 in 2011.
The average sales price Decreased by 7.9% to $351,990

Chateauneuf
111 Homes sold in 2012, up from 103 in 2011.
The average sales price Decreased by 0.7% to $314,743

(2011) Sunridge
49 Homes sold in 2012, down from 68 in 2011.
The average sales price Increased by 10% to $356,504

(2012) Chapel Hill South
63 Homes sold in 2012, up from 62 in 2011.
The average sales price Decreased by 0.2% to $414,071

And for easy visualization here is a chart of home sales in Orleans by month.

 

Barrhaven
In Barrhaven last year (2012) 1229 Homes sold, up from 1198 in 2011
The average sales price Increased by 2.4% to $353,874

Pheasant Run
111 Homes sold in 2012, up from 96 in 2011.
The average sales price Increase by 9.5% to $297,568

Knollsbrook
39 Homes sold in 2012, down from 42 in 2011.
The average sales price Increase by 0.9% to $337,217

Cedargrove & Fraserdale
121 Homes sold in 2012, up from 100 in 2011.
The average sales price Increase by 7.9% to $335,768

Heritage Park
74 Homes sold in 2012, up from 70 in 2011.
The average sales price Decreased by 1% to $299,660

Barrhaven on the Green
26 Homes sold in 2012, down from 28 in 2011.
The average sales price Increased by 4.7% to $285,412

Longfields
302 Homes sold in 2012, down from 305 in 2011.
The average sales price Increased by 3% to $332,186

Hearts Desire
2 Homes sold in 2012, down from 5 in 2011.
The average sales price Decreased by 28.1% to $448,000 *Disclaimer on Average Sales Price*

Stonebridge
129 Homes sold in 2012, down from 150 in 2011.
The average sales price Increased by 2.6% to $456,064

Strandherd
146 Homes sold in 2012, up from 128 in 2011.
The average sales price Increased by 5.2% to $352,126

Barrhaven East
217 Homes sold in 2012, down from 220 in 2011.
The average sales price Increased by 1% to $367,989

Half Moon Bay
62 Homes sold in 2012, up from 54 in 2011.
The average sales price Increased by 5.9% to $362,577

And for easy visualization here is a chart of home sales in Barrhaven by month.

Kanata
In Kanata last year (2012) 1240 Homes sold, up from 1186 in 2011
The average sales price Increased by 2.1% to $346,818

Beaverbrook
113 Homes sold in 2012, up from 110 in 2011.
The average sales price Increase by 4.8% to $299,615

Kanimavik
176 Homes sold in 2012, down from 192 in 2011.
The average sales price Increase by 8.9% to $290,947

Glencairn / Hazeldean
120 Homes sold in 2012, down from 134 in 2011.
The average sales price Increase by 4% to $284,140

Bridlewood
191 Homes sold in 2012, up from 157 in 2011.
The average sales price Decrease by 1.7% to $359,321

Rural Kanata
31 Homes sold in 2012, down from 35 in 2011.
The average sales price Decrease by 10.4% to $577,618

Kanata Lakes & Heritage Hills
140 Homes sold in 2012, down from 152 in 2011.
The average sales price Decrease by 3.2% to $445,804

Morgans Grant
266 Homes sold in 2012, up from 222 in 2011.
The average sales price Increase by 5.5% to $351,165

Emerald Meadows & Soho West
1203 Homes sold in 2012, up from 184 in 2011.
The average sales price Increase by 2.9% to $322,339

And for easy visualization here is a chart of home sales in Barrhaven by month.

 

And if you’d like to see how the suburbs measure up to each other, here you go.

 

Other Articles in the Ottawa Real Estate 2012 Review Series:

1 – The Year of the Tortoise (or who let the hare have a nap?) – Ottawa’s 2012 Real Estate Market Overview

2 – A Moose is Loose in Orleans, or was that Barrhaven, no wait Kanata – Ottawa’s 2012 Real Estate Market Reviewed by Neighbourhood

3 – Trump don’t Live Here – Ottawa’s Real Estate Market reviewed by Price Bracket

4 – The Truth about Your Condo – Ottawa’s 2012 Real Estate Market reviewed by Style of Home

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©Dave Williams -2013-