Top Performing Ottawa Residential Neighbourhoods 2018

              

***Year over year -  average sale price growth - residential - detached property type - qualified neighbourhoods had a minimum total sales of 10 homes

Granular, in beat data is hard to come by these days. Lazy data typically takes the forefront in news articles and water cooler conversations around most cities. Some of this lazy data can cause missed opportunities, or misguided purchases.

We are challenging ourselves and our readers to question marco level value correlations and dive deeper into sales and corresponding data in and effort to find true insights and conversation worthy intel.

On our journey to this end, we decided to take on Residential detached home in Ottawa – Break down macro city “all property types” level correlations into neighbourhood and “neighbourhood specific - detached homes property type” level correlations, and apply a year over year of sale price growth analysis.

The output data we intended to bring forward in this article are *Top performing residential neighbourhoods in Ottawa - based on year over year average sale pricing growth. 

10.  Bel Air Heights

Bel Air Heights had a growth rate of 13.90% between 2017 & 2018.

 

9.  Craig Henry

Craig Henry had a growth rate of 14.12% between 2017 & 2018.

 

 

 

8.  Copeland Park

Copeland Park had a growth rate of 14.23% between 2017 & 2018.

 

 

7.  Hawthorne Meadows

Hawthorne Meadows had a growth rate of 14.78% between 2017 & 2018. 

 

 

6. Briar Green

Briar Green had a growth rate of 15.06% between 2017 & 2018.

 

 

5. Meadowlands

Meadowlands had a growth rate of 15.75% between 2017 & 2018. 

 

 

4.  Carson Meadows

Carson Meadows had a growth rate of 17.95% between 2017 & 2018.

 

 

 

3. Carleton Heights

Carleton Heights had a growth rate of 19.38% between 2017 & 2018.

2.Hintonburg

Hintonburg had a growth rate of 19.51% between 2017 & 2018.

 

 

1. Britannia

Britannia had the top growth rate of 32.99% between 2017 & 2018.

 

 

 

  

Based on the above information, what neighbourhoods do you think will have the largest growth rate from 2018 to 2019?

*Data provided by DigiRealty Technologies data team.

***Year over year -  average sale price growth - residential - detached property type - qualified neighbourhoods had a minimum total sales of 10 homes