Ottawa Real Estate Statistics and Charts

Source: OREB

Explanation: This chart plots monthly MLS® sales for the current year and the previous two years. The blue line shows

the 5 year average sales trend. The seasonal trend can be seen as well as a comparison to the previous year each

month.

prepared by: Rick Snell, Broker, Royal LePage Performance Realty, brokerage independently owned and operated

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Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Units

Ottawa MLS® Unit Sales

2014 2015 2016 5yr Average

Source: OREB

Explanation: This chart plots monthly MLS® average sales price for the current year and the previous two years. The blue line

shows the 5 year average sale price trend. The seasonal trend can be seen as well as a comparison to the previous year each

month.


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Avera

ge S

ale

$Average Sale Price

2014 2015 2016 5 year AVG

Source: OREB

Explanation: This chart plots monthly MLS® selling time for the current year and the previous two years. The seasonal

trend can be seen as well as a comparison to the previous year each month.


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Cum

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tive D

ays

Average Selling Time

2014 2015 2016

Source: OREB

Explanation: This chart plots monthly MLS® listing inventory for the current year and the previous two years. The blue

line shows the 5 year average inventory trend. The seasonal trend can be seen as well as a comparison to the

previous year each month.


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ITS

Ottawa MLS® Listing Inventory

2014 2015 2016 5 year AVG

Source: OREB

Explanation: This chart plots monthly MLS® new listings for the current year and the previous two years. The blue line

shows the 5 year average new listings trend. The seasonal trend can be seen as well as a comparison to the previous

year each month.


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ITS

Ottawa MLS® ListingsTaken

2014 2015 2016 5 year AVG

Source: OREB

Explanation: This chart plots monthly MLS® absorption rate for two years. The absorption rate is the # of months it

would take to sell off existing listing inventory at the current pace of sales. The red line shows the residential homes

absorption rate, the green line shows the rate for condominiums and the blue line is residential & condos combined.


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Inventory Absorption Rate

RES CONDO Res+Condo

Source: OREB

Explanation: This chart plots monthly MLS® sales to listing inventory ratio for three years. This ratio indicates the

market balance. A ratio between 15%-25% is a balanced market which favors neither buyer or seller. A ratio below

15% favors buyers (supply is high - demand is low). A ratio above 25% favors sellers (supply is low - demand is high)

The red line shows the residential homes ratio, the green line shows the ratio for condominiums and the blue line

represents residential & condos combined..


Buyer’s Market

Balanced Market

Seller’s Market

5%

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25%

30%

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Sales To Inventory Ratio - Ottawa

Res Condo RES+CDO


Explanation: This chart plots monthly year over year percentage change in MLS® listing inventory (supply) for three years. The red line

shows the residential listing inventory at the end of the month, the green line is the condominium listing inventory at the end of the

month and the blue line is the combined residential and condo inventory at the end of the month. The summer of 2012 was when the

tightening of mortgage qualification rules negatively impacted sales and inventory grew through the latter part of 2012 and remained

higher through 2013 and 2014 but since mid-2015 inventory has been dropping and is continuing to fall in 2016.

Source: OREB

-30.0%

-25.0%

-20.0%

-15.0%

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-5.0%

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10.0%

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20.0%

25.0%

Ottawa MLS(R) Listing Inventory Year/Year Percentage Change

Res&Condo Res Condo Trendline (Res+Condo)


-30.0%

-25.0%

-20.0%

-15.0%

-10.0%

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15.0%

20.0%

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Ottawa MLS(R) Unit Sales Year/Year Percentage Change

Res+Condo Res Condo Trendline (Res+Condo)

Source: OREB


Explanation: This chart plots monthly all MLS® market activity of units coming on and off the market. Sales and inventory traditionally

tend to peak in May/June while new listings tend to peak earlier (April/May).

Source: OREB

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Ottawa MLS(R) Market Activity

Listing Inventory New Listings Unit Sales Expire,Cancel,Suspend

Ottawa Real Estate Statistics and Charts

Real Estate

Transcript of Ottawa Real Estate Statistics and Charts