MAY 2012, STITTSVILLE RESALE HOUSING MARKET STATISTICS

The listing inventory in Stittsville remained steady in the months of April and May, however the average number of days a house sat on the market increased.
A total of 102 resale homes were listed in Stittsville on the Board’s MLS® system in the month of May (96 residential & 6 condominium) compared with 105 in April and 103 at the same period last year.
More homes have sold last month compared to the month of April.  The total number of resale homes sold last month increased slightly with a total of 74 properties (71 residential & 3 condominium) sold in Stittsville in the month of May through the board’s Multiple Listing Service compared with 62 in the month of April. At the same period last year a total of 67 (63 residential and 4 condominium) resale properties sold.
Most sellers probably noticed their homes took a little longer to sell last month as the average number of days a house sat on the market in the month of May was 27 days, a slight increase from April's average of 21 days on the market. Overall, properties seem to be taking a little longer to sell with the summer months approaching. Refer to the following table for a statistical breakdown of homes listed in May based on price range.

Table 1:  Freehold Residential Properties Listed in May, 2012

Stittsville Market Statistics-Categorized by Price Range

 

Information above is from the Ottawa Real Estate Board as of June 18th, 2012

APRIL, 2012 STITTSVILLE RESALE HOUSING MARKET STATISTICS

A total of 105 resale homes were listed in Stittsville on the Board’s MLS® system in the month of April (102 residential & 3 condominium) compared with 111 in March and 96 at the same period last year.  This brings Stittsville’s  listing inventory down slightly from the previous month. The total number of resale homes sold last month compared to the number of home sales in March remained pretty steady with a total of 62 properties (60 residential & 2 condominium) sold in Stittsville in April through the board’s Multiple Listing Service compared with 63 in the month of March. At the same period last year a total of 60 (56 residential and 4 condominium) resale properties sold.  The number of days a residential home sat on the market in the month of April varied from  0 to 164 days with an average number of 21 days on market. Refer to the following table for a statistical breakdown of homes listed in April based on price range.

 Table 1:  Freehold Residential Properties Listed in April, 2012

  Stittsville Market Statistics-Categorized by Price Range

Information in above table is from the Ottawa Real Estate Board as of May 10th, 2012

SPRING FEVER IS IN THE AIR IN STITTSVILLE!

The early heat wave experienced by Ottawa residents in the month of March seems to  have inspired both buyers and sellers to get an early start listing and purchasing homes in the Stittsville community this year.  A total of 111 resale homes were listed in Stittsville on the Board’s MLS® system in the month of March (103 residential & 8 condominium) compared with 88 in February and 89 at the same period last year.  This brings Stittsville’s  listing inventory up 17% from the previous month. Residents also saw an increase in the total number of resale homes sold last month compared to the number of home sales in February.  A total of 63 properties (58 residential & 5condominium) sold in Stittsville last month through the board’s Multiple Listing Service compared with 27 in the month of February and 58(54 residential and 4 condominium) at the same period last year.  That’s an increase of 133% from last month’s sales and 8.6% from the same period last year!  The number of days a residential home sat on the market in the month of March varied from  1 to 232 days with an average number of 32 days on market.  Refer to the following table for a statistical breakdown of homes listed in March based on price range. 

 

Table 1:  Freehold Residential Properties Listed in March, 2012

 

Stittsville Market Statistics-Categorized by Price Range

Stittsville Real Estate Housing Statistics-February 2012

FEBRUARY, 2012

In the month of February, members of the Ottawa Real Estate Board sold a total of 27 properties (26 residential and 1 condominium) in Stittsville through the Board’s Multiple Listing Service®.  Only a slight  difference in the number of resale home sales in comparison to the previous month’s sales. At the same period last year, a total of 21 properties (20 residential and 1 condominium) were sold. The number of new listings that came on the market in Stittsville in the month of February jumped again for the 2nd consecutive month this year! A total of 85 (79 residential and 6 condominium) properties were listed on the Board’s MSL® system in the month of February.

Stittsville Real Estate Housing Statistics-January, 2012

JANUARY, 2012

Members of the Ottawa Real Estate Board sold a total of 26 properties (25 residential and 1 condominium) in Stittsville in the month of January through the Board’s Multiple Listing Service®.  At the same period last year, a total of 31 properties (29 residential and 2 condominium) were sold. Stittsville has not seen much of a change in the number of resale homes sold in January of this year compared with last year’s sales at this time.  Stittsville residents did however see a significant 230%  increase in the number of new listings that came on the market in the month of January in comparison to the previous month!!! A total of only 20 properties were listed in December on the Board’s MLS® system compared with a total of 66 (63 residential and 3 condominium) properties listed in the month of January.  This is great news for buyers….no lack of  properties to choose from.