Ottawa Real Estate Stats & Charts February 2016

Source: OREB

Explanation: This chart plots monthly MLS® sales 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.

prepared by: Rick Snell, Broker for- Keller Williams Ottawa Realty, brokerage independently owned and operated

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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 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.


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ale

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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 year. The seasonal trend

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


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Average Selling Time

2014 2015 2016

Source: OREB

Explanation: This chart plots monthly MLS® listing inventory 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.


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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 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.


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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+CDO

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..


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Sales To Inventory Ratio - Ottawa

Res Condo RES+CDO

Seller’s Market

Balanced Market

Buyer’s Market

Source: OREB

Explanation: This chart plots monthly MLS® sales for two years. The red bar shows the residential portion of total sales

and the green bar is the condominium portion of total sales. This shows seasonal sales trend. Condos represent @

21% of total sales and residential listings represent @ 79% of sales.


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Unit Sales

Condo Residential

Source: OREB

Explanation: This chart plots monthly MLS® average sale price for two years. The red bar is residential and the green

bar is condominium. The blue line is the combined average sale price. Shows seasonal sale price trend and property

type difference in average sale price.


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Avg. Sale Price

Residential Condo Res + Condo

Source: OREB

Explanation: This chart plots monthly MLS® listings taken for three years. The red bar shows the residential portion of

total new listings and the green bar is the condominium portion of the total new listings taken. Shows seasonal trend

and proportion of property type mix. Condos are a smaller portion of the market.


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Ottawa MLS(R) Listings Taken

Condo Res

Source: OREB

Explanation: This chart plots monthly MLS® active listings inventory for three years. The red bar shows the residential

portion of total listing inventory and the green bar is the condominium portion of the total listing inventory. Shows

seasonal trend and proportion of property type mix. Condos are a smaller portion of the market and historically

represent approximately 20% of all active listings.


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Ottawa MLS(R) Listing Inventory

Condo Res

Ottawa Real Estate Stats & Charts February 2016

Real Estate

Transcript of Ottawa Real Estate Stats & Charts February 2016