The summary is below:



The Facts for February 2015
 


Number of combined Residential & Condominium sales was 853
·         Decrease of -1.7 % compared to 868 sales in February 2014
Breakdown:
Number of residential sales was 685
o   Increase of 1.9% compared to 672 sales in February 2014
Number of condominium sales was 168
o   Decrease of -14.3% compared to 196 sales in February 2014 (196)
 
The 5 year average for the number of February sales is 914
 


Average sale price of all residential homes, including condominiums was $358,206
·         Increase of 1.3% compared to February 2014
Breakdown:
Average Sale Price of residential homes was $380,358
o   Decrease of -0.3% compared to February 2014
Average Sale Price of condominiums was $267,880
o   Increase of 3.8% compared to February 2014
 


Days on Market was 57 (residential and condominium combined)
·         Decrease of  -5% compared to 60 days on the market in February 2014
Breakdown:
o   Days on Market for residential properties was 55
o   Days on Market for condominium properties was 63
 


Cumulative Days on Market was 99 (residential and condominium combined)
·         Increase of 5.3% compared to 94 days on the market in February 2014
Breakdown:
o   Days on Market for residential properties was 95
o   Days on Market for condominium properties was 118
 


New Listings taken was 2364 (residential and condominium combined)
·         Increase of 5.1% compared to 2249 new listings taken in February 2014
Breakdown:
New residential listing was 1746
o   Increase of 2.9% compared to 1696 new listings taken in February 2014
New condominium listings was 618
o   Increase of 11.8% compared to 553 new condo listings taken in February 201
 
Inventory Absorption Rate is 9 months
 
Sales to Inventory Ratio is 11%
·         (Buyer Market)
 
Average Sale Price to Average List Price Ratio is 97.6%

District 8 – Kemptville

Units Sold = Increase of 35.7%
·         38 in Feb 2015
·         28 in Feb 2014
Average Sale Price = Increase of 1.5%
·         $ 279,536 in Feb 2015
·         $ 275,518 in Feb 2014
 



District 9 – Almonte / Carleton Place

Units Sold = Decrease of -22.6%
·         48 in Feb 2015
·         62in Feb 2014
Average Sale Price = Increase of 11.8%
·         $306,909 in Feb 2015
·         $274,592 in Feb 2014
 



District 26 – Riverside South

Units Sold = Increase of 28%
·         32 in Feb 2015
·         25 in Feb 2014
Average Sale Price = Increase of 3.6%
·         $360,184 in Feb 2015
·         $347,820 in Feb 2014
 



District 50 – Westboro

Units Sold = Increase of 36.4%
·         15 in Feb 2015
·         11 in Feb 2014
Average Sale Price = Decrease of -4.6%
·         $515,980 in Feb 2015
·         $541,098 in Feb 2014
 



District 77 - Barrhaven

Units Sold = Increase of 2.6%
·         78 in Feb 2015
·         76 in Feb 2014
Average Sale Price = Increase of 6.9%
·         $341,876 in February 2015
·         $319,682 in February 2014
 



District 80 - Manotick

Units Sold = Decrease of -64.7%
·         6 in Feb 2015
·         17 in Feb 2014
Average Sale Price = Decrease of -1.2%
·         $541,317 in Feb 2015
·         $547,688 in Feb 2014
 



District 82 – Stittsville

Units Sold = Decrease of -15%
·         43 in Feb 2015
·         50 in Feb 2014
Average Sale Price = Increase of 0.4%
·         $402,694 in Feb 2015
·         $401,047 in Feb 2014
 



District 90 - Kanata

Units Sold = Increase of 27.9%
·         87 in Feb 2015
·         68 in Feb 2014
Average Sale Price = Decrease of -1.4%
·         $362,934 in Feb 2015
·         $368,015 in Feb 2014