Ottawa Real Estate Statistics For February 2015
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Transcript of Ottawa Real Estate Statistics For February 2015
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® sales (residential plus condo) for the current year and the previous year.
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.
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Units
Ottawa MLS® Unit Sales
2014 2015 5 year AVG
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® average sales price (residential plus condo) for the current year and the previous
year. 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.
220,000
240,000
260,000
280,000
300,000
320,000
340,000
360,000
380,000
400,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Ave
rag
e S
ale
$
Average Sale Price
2014 2015 5 year AVG
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® selling time (residential plus condo) for the current year and the previous
year. The seasonal trend can be seen as well as a comparison to the previous year each month.
0
20
40
60
80
100
120
140
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cum
ula
tive
Days
Average Selling Time
2014 2015
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® listing inventory (residential plus condo) for the current year and the
previous year. 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.
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
UN
ITS
Ottawa MLS® Listing Inventory
2014 2015 5 year AVG
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® new listings (residential plus condo) for the current year and the previous
year. 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.
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
UN
ITS
Ottawa MLS® ListingsTaken
2014 2015 5 year AVG
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® absorption rate over 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 and the green line shows the absorption rate for condominiums.
0
2
4
6
8
10
12
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Ju
n'1
3
Ju
l'13
Au
g'1
3
Se
pt'1
3
Oct'1
3
No
v'1
3
De
c'1
3
Ja
n'1
4
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Ju
n'1
4
Ju
l'14
Au
g'1
4
Se
p'1
4
Oct'1
4
No
v'1
4
De
c'1
4
Ja
n'1
5
Fe
b'1
5
MO
NT
HS
OF
SU
PP
LY
Inventory Absorption Rate
RES CONDO
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® sales to listing inventory ratio over three years. This ratio indicates the
market balance. A ratio between 15%-25% is a balanced market which favours 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 and the green line shows the ratio for condominiums.
5%
10%
15%
20%
25%
30%F
eb'1
2
Ma
r'1
2
Ap
r'1
2
Ma
y'1
2
Jun
'12
Jul'1
2
Au
g'1
2
Se
p'1
2
Oct'1
2
Nov'1
2
Dec'1
2
Jan
'13
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Sales To Inventory Ratio - Ottawa
Res Condo
Seller’s Market
Balanced Market
Buyer’s Market
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® sales for two years. The red bar shows the condo portion of total sales and
the blue bar is the residential portion of total sales. This shows seasonal sales trend.
0
200
400
600
800
1000
1200
1400
1600
1800
2000F
eb'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
No
v'1
3
De
c'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
No
v'1
4
De
c'1
4
Jan
'15
Fe
b'1
5
Units
Unit Sales
Residential Condo
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® average sale price over two years. The red bar is condominiums and the
blue bar is residential homes. The green line is the combined average sale price. Shows seasonal sale price trend
and property type difference in average sale price.
225,000
245,000
265,000
285,000
305,000
325,000
345,000
365,000
385,000
405,000
425,000
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Ave
rag
e S
ale
$
Avg. Sale Price
Residential Condo Res + Condo
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® listings taken over three years. The red bar shows the condo portion of
total new listings and the blue bar is the residential portion of the total new listings taken. Shows seasonal trend and
proportion of property type mix.
0
500
1000
1500
2000
2500
3000
3500
4000
4500
UN
ITS
Ottawa MLS(R) Listings Taken
Res Condo
Keller Williams Ottawa Realty
Source: OREB
Explanation: This chart plots monthly MLS® active listings inventory over three years. The red bar shows the condo
portion of total listing inventory and the blue bar is the residential portion of the total listing inventory. Shows seasonal
trend and proportion of property type mix.
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
Fe
b'1
2
Ma
r'1
2
Ap
r'1
2
Ma
y'1
2
Jun
'12
Jul'1
2
Au
g'1
2
Se
p'1
2
Oct'1
2
Nov'1
2
Dec'1
2
Jan
'13
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
UN
ITS
Ottawa MLS(R) Listing Inventory
Res Condo