Brief Update-

Market is set to begin. Once again we expect Convent Glen(areas 2004 and 2005) to be a desirable neighbourhood for buyers. Last year 81 homes sold. Fewer homes will be sold in this area in 2009. However prices will at the very least remain stable.

 

Ottawa Real Estate Board

Residential and Condominium Sales

for the Month Year-2007

Convent Glen North(Areas 2004-2005)

Number of Homes Sold

  

	AUG./08	AUG./07	YTD/08	YTD/07
Residential	1	2	23	23
Condo.	2	6	37	32

 

 

Average Sold/List $000.

 

AUG./08

AUG./07

YTD/08

YTD/07

Residential

$475/499

$290/299

$300/305

$274/267

Condo.

$198/200

$183/186

$183/186

$164/167

                   

 

                      

 

Average Days on Market

 

               

	AUG./08	AUG./07	YTD/08	YTD/07
Residential	27	33	20	27
Condo.	23	19	14	18

 

Please note that these are averages and are not meant to reflect the value of homes in Convent Glen.

 

Summary:

Call Ian to sell your home for the fall market.

Ottawa Real Estate Board

Residential and Condominium Sales

for the Month Year-2007

Convent Glen North(Areas 2004-2005)

Number of Homes Sold

	DEC./07	DEC./06	YTD/07	YTD/06
Residential	1	0	33	27
Condo.	2	2	49	66

Average Sold/List $000.

DEC./07

DEC./06

YTD/07

YTD/06

Residential

$259/259

-

$277/282

$248/253

Condo.

$161/165

$142/145

$169/173

$160/165

Average Days on Market

	DEC./07	DEC./06	YTD/07	YTD/06
Residential	59	-	30	34
Condo.	43	20	18	38

Please note that these are averages and are not meant to reflect the value of homes in Convent Glen.

Summary:

Residential homes in Convent Glen North are selling in 29 days or less at 98% of list price.

Convent Glen August Sales-

Convent Glen sales-Areas 2004 and 2005- Two freehold homes sold in August 2007; the average list price was $299.9k and the average sale price was $290.0k . By way of comparison 2 freehold homes sold in August 2006 with an average list price of $271.2k and an average sale price of $260.0k. Six Condominium homes sold in August 2007 with an average list price of $185.6k and average sale price of $183.4k versus August 2006 sale of 5 homes with an average list of $174.3k and sale of $170.2k.

Convent Glen July Sales-

Convent Glen sales-Areas 2004 and 2005- Five freehold homes sold in July 2007; the average list price was $297.7k and the average sale price was $289.1k . By way of comparison 3 freehold homes sold in July 2006 with an average list price of $233.2k and an average sale price of $229.2k. Two Condominium homes sold in July 2007 with an average list price of $168.0k and average sale price of $163.5k versus July 2006 sale of 5 homes with an average list of $177.9k and sale of $173.7k.

Convent Glen June 2007 Sales-

Convent Glen sales-Areas 2004 and 2005- One freehold home sold in June 2007; the list price was $254.9k and the sale price was $247.5k. By way of comparison 3 freehold homes sold in June 2006 with an average list price of $214.9k and an average sale price of $213k. Seven Condominium homes sold in June 2007 with an average list price of $167.3k and sale price of $163.8k versus June 2006 sale of 7 homes with an average list of $171.9k and sale of $167.1k.

May 2007 Sales Statistics-

Convent Glen sales-Areas 2004 and 2005- 4 freehold homes sold in May 2007; the average list price was $266.2k and the average sale price was $262.8k. By way of comparison 3 freehold homes sold in May 2006 with an average list price of $263.6k and an average sale price of $254.2k. 2 Condominium homes sold in May 2007 with an average list price of $192.4k and sale price of $186.5k versus May 2006 list of $159.3k and sale of $155.8k.

April 2007 Sales Statistics

Convent Glen sales-Areas 2004 and 2005- 3 freehold homes sold in April 2007; the average list price was $283.7k and the average sale price was $280k. By way of comparison 4 freehold homes sold in April 2006 with an average list price of $265.4k and an average sale price of $263.4k 7 Condominium homes sold in Apeil 2007 with an average list price of $171.k and sale price of $165.3k versus April 2006 list of $166.2k and sale of $163.0k.

March 2007 Sales Statistics-

Convent Glen Sales for Area 2004 and 2005- 5 freehold homes sold in March 2007, the average list price was $264.5k and sale price was $261.4k. this is contrasted with the 2 freehold homes that sold in March 2006, average list price was $289.9k and average sale price was $287.k. 4 Condo homes sold in March 2007 with an average list price of $176.6k and sale price of $174.k versus the 8 homes that sold in March 2006 with a list price of $166.6k and sale price of $161.8k. Convent Glen continues to be a very attractive place to live and to invest in a home.

Lovely New Listing-

6306 Fortune Drive Lovely four bedroom centre hall plan with mainfloor family room with fireplace. Loads of room in the remodelled kitchen .The large rec-room was professionally finished in 2007, brand new, just move your furniture in. Windows have been replaced. Lounge in the three season sun room or barbecue on your deck in the fenced back yard. Open house March 11, 2007 2:00 - 4:00 p.m. Check out these links for more information: www.royallepagemc.ca/20911/104481/104481.swf www.royallepagemc.ca/20911/104435/104435.pdf http://www.royallepagemc.ca/20911/104436

February 2007 Sales Statistics-

One freehold home sold in February 2007 in Convent Glen North(MLS areas 2004-2005) versus three in February 2006. This average list price was $244.8k and sold for $243k versus an average list price of $234.9k and average sale price of $231k in February 2006. Four condo properties sold in February 2007 in Convent Glen North(area 2004-2005) versus 9 in February 2006. For February 2007 average list price was $165.4k and average sale price was $162.6k. February 2006 average list price was $161.1k and average sale price was $157.0k.

January 2007 Sales Statistics-

One freehold home sold in January 2007 in Convent Glen North(MLS areas 2004-2005) versus two in January 2006. This property was listed at $239.9k and sold for $237k versus an average list price of $208.3k and average sale price of $204k in January 2006. This does not mean prices have decreased the mix has changed. Two condo properties sold in January in Convent Glen North(area 2004-2005) versus 5 in January 2006. For January 2007 average list price was $147.7k and average sale price was $146k. January 2006 average list price was $141.4k and average sale price was $136.9k.

2006 Sales Stats.-

In 2006 27 freehold homes have sold in Convent Glen(MLS areas 2004,2005). Highest sale was $320k and the lowest was $195k, versus $312k and $194.5k for 2005. The ytd 2006 average sale price is $248.1 down somewhat from the 2005 average of $253.5k. At the beginning of 2007 7 homes remain on the market ranging in price from $231.9k to $1,129.9k. Now is a great time to consider putting your home on the market. Call or email me today: ian@royallepage.ca or 613-222-2662.

December Sales Stats.- So far this year 27 freehold homes have sold in Convent Glen(MLS areas 2004,2005). Highest sale was $320k and the lowest was $195k, versus $312k and $194.5k for 2005. The ytd 2006 average sale price is $248.1 down somewhat from the 2005 average of $253.5k.

OPEN HOUSE 1161 Ste. Therese Lane

Join me at our first open hosue at 1161 Ste. Therese Lane on Sunday November 12th. from 2:00 P.M. to 4:00 P.M.. Bring your friends and relatives, this home shows very well and has all the pricey updates.

November Sales Stats.

So far this year 25 freehold homes have sold in Convent Glen(MLS areas 2004,2005). Highest sale was $320k and the lowest was $195k, versus $312k and $194.5k for 2005. The ytd 2006 average sale price is $241.5k down somewhat from the 2005 average of $253.5k. Excluding Bernice Court sales 2005's average sale price was $243.8k.Look for the average sale price to increase at year end 2006.

New Listing-

1161 Ste. Therese Lane- Lovely Home Just listed at $272.9k This well appointed home has updated windows, furnace, flooring and a 1994 25 year roof. Hurry!

October YTD Sales Stats.-

So far this year 23 freehold homes have sold in Convent Glen(MLS areas 2004,2005). Highest sale was $320k and the lowest was $195k, versus $312k and $194.5k for 2005. The ytd 2006 average sale price is $241.8k down somewhat from the 2005 average of $253.5k. Excluding Bernice Court sales 2005's average sale price was $243.8k. Look for the average sale price to increase at year end 2006.

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