Barrhaven Real Estate Market Update
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.
How much do townhomes, condominiums and detached homes cost in Barrhaven?
Average prices and % increase by housing category over the previous year:
Type of home | Avg. Price | % Change |
Residential Townhome & Semi | $357,514 | 12.3% |
Detached Single Family | $536,245 | 13.6% |
Condominium Townhome | $229,683 | 10.4% |
Apartment or Stacked Condo | $230,440 | 2.8% |
How long does it take to sell a property in Barrhaven?
Residential townhomes and semi-detached homes are taking 14 days to sell. Detached homes are taking 34 days to sell in 2018. Condominium townhomes are taking 54 days to sell. Apartments and stacked condominiums are taking 57 days to sell.
How much did sellers’ get as a percentage of their asking price in Barrhaven?
Sellers of residential townhomes and semi-detached homes got 101.27% of their listed price. Detached homes in Barrhaven sold for 99.22% of their list price, on average. Sellers of condominium townhomes got 98.4% of their list price. Apartment & stacked condominium sellers got 98.77% of the list price.
Highest & lowest priced sales last month in Barrhaven
The lowest priced residential sale in Barrhaven was in Longfields – it sold for $265,000 in just 9 days. The highest priced residential sale was in Stonebridge – that property sold for $875,000 in 16 days.
The lowest priced condominium sale in Barrhaven was on Pheasant Run – it sold for $188,000 in just 15 days. The highest priced condominium sale was in Barrhaven on the Green – it sold for $335,000 in 39 days.
Barrhaven Historical Average House Prices
Barrhaven average residential home prices from 2000-2017.
YEAR | AVERAGE PRICE | % CHANGE |
2000 | $154,791 | |
2001 | $175,242 | 13.2% |
2002 | $202,245 | 15.2% |
2003 | $217,226 | 7.4% |
2004 | $232,210 | 6.9% |
2005 | $244,504 | 5.3% |
2006 | $255,241 | 4.4% |
2007 | $275,075 | 7.8% |
2008 | $293,606 | 6.7% |
2009 | $304,587 | 3.7% |
2010 | $338,231 | 9.7% |
2011 | $345,901 | 2.3% |
2012 | $353,596 | 2.2% |
2013 | $350,504 | -0.9% |
2014 | $348,953 | -0.4% |
2015 | $352,375 | 0.9% |
2016 | $362,870 | 3% |
2017 | $374,725 | 3.4 |
History of Condominium Prices in Barrhaven
Barrhaven average condominium prices from 2000-2017.
YEAR | AVERAGE PRICE | % CHANGE |
2000 | $90,543 | |
2001 | $111,000 | 22.6% |
2002 | $126,753 | 14.2% |
2003 | $142,283 | 12.3% |
2004 | $152,007 | 6.8% |
2005 | $154,326 | 1.5% |
2006 | $156,057 | 1.1% |
2007 | $162,285 | 4% |
2008 | $182,276 | 12.3% |
2009 | $190,358 | 4.4% |
2010 | $204,738 | 7.6% |
2011 | $216,160 | 5.6% |
2012 | $219,027 | 1.3% |
2013 | $219,857 | 0.4% |
2014 | $223,029 | 1.4% |
2015 | $218,189 | -2.2% |
2016 | $217,908 | -0.01% |
2017 | $223,169 | 2.4 |
You can use the following links to view the current inventory of all Barrhaven Homes for Sale, or all the Condominiums in Barrhaven for sale.
We would like to thank Agent in Ottawa Real Estate for providing us with these statistics.
Related Posts
-
Barrhaven Real Estate Update – September 2019
No Comments | Sep 7, 2019
-
Barrhaven Home Appraisals
No Comments | Jan 2, 2022
-
Here are the details of Barrhaven’s first high-rise building
No Comments | May 14, 2018
-
Barrhaven’s Hidden Gem – Minto’s Riversbend at Harmony
No Comments | May 1, 2018