Main Housing Stats for Barrhaven, May 2018
The latest numbers from the Ottawa Real Estate Board suggest that the real estate market in Barrhaven is alive and well. In fact, it’s firing on all cylinders, which is great news for local homeowners. We must note that these statistics only include sales by members of the Ottawa Real Estate Board.
A total of 493 residential properties have sold in Barrhaven so far in 2018. 422 detached homes have sold, down 11.6% over last year, as well as 71 condominiums, up by 18.3% over 2017.
The average selling price for a residential home, including detached and condominiums in Barrhaven so far in 2018 is now $411,039; that’s up by a healthy 11.9% over last year.
When we separate the property classes, the average price for a detached Barrhaven home is now $440,950, up 12.8% over last year. The average price for a condominium in Barrhaven is now $233,256, up by 5% over last year.