STITTSVILLE HOUSING MARKET UPDATE, APRIL 2017

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I am pleased to provide you with the following snapshot of the real estate market for the Stittsville area. It was a very interesting month by the numbers.

This April, 66 homes were sold in Stittsville compared to 71 homes in April 2016. That is a decrease of 7% year over year. These sales bring the total number of homes sold since January 1^st to 162 compared to 150 homes for the same period in 2016.[1]

The average sale price of homes sold in Stittsville also increased in April by just over 17.4% over April 2016. The average sale price went from $426,139 in 2016 to $500,280 in 2017. Breaking down sales by detached and row styles show that the average sale price of single detached homes sold in April was $551,414, up 19.4% over the same period in 2016. The average sale price for a row style home was up 6.1% to $340,487. Interesting to note that three homes in Stittsville sold at over the one-million-dollar mark in April 2017. This is an aberration for the area. If I remove these sales the market increase was 12% for detached homes. Still impressive numbers.

Looking at total days on market, the homes sold in Stittsville in April had been on the market for an average of 69.3 days, 12.3% more days than those sold in April 2016. The average days on market for the detached homes sold in April was 84.6 days while row homes, including semi-detached, sold in 21.4 days. Last year, these numbers were 64.8 and 52.6 days respectively. The overall and detached average number of days on market are higher this month in large part due to one particular home that took over three years to sell–that is over 1200 days! When this sale is removed from the calculations, average total days on market is lower in April 2017 than April 2016.

Finally, a look at the number of active listings in April shows 25% less inventory offered on the Ottawa Real Estate Board’s MLS® System[2] than in 2016. There were 123 active listings at the end of April 2017 in Stittsville. If you have any questions on any of these numbers feel free to get in touch.

If you are curious about your homes worth please fill in this form for a no-obligation market assessment.

Home Evaluation

[1] Excludes condominiums and homes on leased land.

[2] All data courtesy of the Ottawa Real Estate Board MLS® System.

April 2017 - Stittsville Graphics

    
 
 
        
   Anny Metivier 
 2024-08-13
 
 
  Over the years, with multiple military moves, we’ve had the opportunity to work with many real estate agents, and we can confidently say that not all are created equal. Chris, by far, has been the most trustworthy and easiest real estate agent we’ve had the pleasure to work with.
  
 
       
   Jake Moffat 
 2024-06-07
 
 
  Colin has been the best realtor to work with and helped us buy a great house in the perfect neighborhood. Colin and the rest of the team at Chris Scott were incredibly helpful the whole way and always available to answer questions, show us houses at a time that was convenient for us and were just generally professional and friendly during the whole process. We will recommend Colin and the team to our friends and family.
  
 
       
   Faith Woodley 
 2024-03-13
 
 
  I was a co-Executrix of an estate, and we had a condo that we had to sell for the estate.  In order to get the property ready for sale, we had to have the over 5,000 square foot condo painted and the carpets replaced.  Since the property was empty, Chris recommended a home stager that he uses on properties that require these services, and she did a fantastic job of staging the condo. It took the condo to the next level. The condo sold for a phenomenal price, and we were very happy with Chris Scott and his abilities.  He always gives over 100 percent to get the job done!  I recommend him to anyone that requires the services of a great real estate agent.
  
 
       
   Emily Bozanich 
 2023-10-07
 
 
  We worked with Rachel and she was beyond diligent. She is so organised and meticulous with details, it really helps when buying a home. She even agreed to do a virtual walk through for the home we ended up buying because we weren’t going to get there ourselves prior to offers being reviewed. She was also great with recommending areas to consider and avoid. Highly recommend.
  
 
       
   Cy Dixon 
 2023-10-06
 
 
  Rachel was amazing. She helped me find the perfect home for me and my son during a challenging time in my life. She was extremely patient and empathetic, professional and knowledgeable. I highly recommend her. No one will work harder for you than Rachel.
  
 
       
   Jeff C 
 2023-10-06
 
 
  Awesome realtor team very helpful and knowledgeable
  
 
       
   Nathalie Groupe Godin 
 2023-10-06
 
 
  Great service. Very knowledgeable. Super helpful. I’d use this team again.
  
 
       
   D Hynders 
 2023-10-05
 
 
  I recently used Chris' team to purchase a new house and I have to say that it was a pleasure to work with them.
  
 
       
   Megan Bixby 
 2023-10-05
 
 
  My husband and I purchased a house in the surrounding Ottawa area with the assistance of Colin from this group of individuals. We unfortunately were left with no choice but to purchase a home sight unseen due to our work circumstances. We originally considered not purchasing because of this.
We deliberated and chose to purchase a home after participating in FaceTime showings and we could not have been more satisfied. Colin was objective, professional, calm, informative, and realistic. He listened to our needs and helped us choose our home. The fact that we were pleasantly surprised, and a year later remain pleased as punch, says everything about how talented this company is. Will, without a doubt, use this company when we leave Ottawa.
  
 
       
   André Desjardins 
 2023-10-04
 
 
  We worked with Chris to find a home back in 2011 that would suit our desire to be close to work. He was nothing but professional and courteous! Listening to our needs and showing us what we were looking for. Years later, when we thought about down sizing and finding a renovated home, he took us around to see some in the neighborhood. He always open to helping us out in our searches