WHAT IS SELLING IN METCALFE-OSGOODE-VERNON?

If you are a home owner, what is selling in your local area is important to you. This article will give those of you interested in the Metcalfe-Osgoode-Vernon area a quick overview. Metcalfe is MLS district 1602 and Osgoode is MLS district 1603 and Vernon is MLS district 1604.

Overall this year is better than last with many different price ranges selling and the styles of homes tend to reflect what is more readily available in this area.

Keep in mind that the Ottawa region is having one of the best years that we have seen in a long time. In many areas we are seeing what we refer to as a sellers’ market, IE there is less than 6 months’ supply of homes on the market. How does this area compare?

Last year at this time we had 24 sales in Metcalfe, 45 sales in Osgoode and 12 sales in Vernon. This year we have 33 sales in Metcalfe, 43 sales in Osgoode and 4 sales in Vernon. A nice jump up for Metcalfe, pretty much break even in Osgoode and a drop in Vernon, but keep in mind last year Vernon sales were exceptionally high. This does include new home builders who advertise on the MLS system. A sale is a sale and resale have to compete with the builders.

While I am writing this, we have 17 active properties in Metcalfe, so approximately 8 months’ supply of homes, 19 in Osgoode or 8.6 months’ supply and 6 months in Vernon.

That is not a lot of homes and indicates good selling opportunities for sellers with a better chance of getting a higher price.

Price Range: this year compared to last year at this time:

Metcalfe sales in 2017

Under $300,000 = 5 sales, last year 6

$300,000-$400,000 = 12 sales, last year 10

$400,000-500,000= 10 sales, last year 6 (a definite shift in the market)

$500,000-600,000 = 5 sales, last year 1 (a definite shift in the market)

$600,000+ = 1 sale, last year 1

Pretty much every price range is selling.

Osgoode Sales in 2017

Under $300,000 = 12 sales, last year 11

$300,000-$400,000 = 16 sales, last year 17

$400,000-500,000= 8 sales, last year 16 (a definite shift in the market)

$500,000-600,000 = 6 sales, last year 2

$600,000+ = 1 sale, last year 0

Vernon Sales in 2017

Under $300,000 = 3 sales, last year 7 (a definite shift in the market)

$300,000-$400,000 = 0 sales, last year 4 (a definite shift in the market)

$400,000-500,000= 1 sale, last year 1

$500,000-600,000 = 0 sales, last year 0

$600,000+ = 0 sales, last year 0

What type of homes are selling this year compared to last year? Last year is shown in (number). Totals are for all 3 towns combined

Two Story= 25 (21)   Bungalows 43 (35)   HiRanch 8  (13)   Split 7 (9)

These numbers pretty much reflect the availability of these homes in this area, IE there are a lot more two story and bungalows than splits and hiranch.

If you are thinking about selling, now is the time to do it. You will have the opportunity to get a higher price while inventory is low. Don’t forget the spring market will see a flood of new homes enter the market. Right now the shortage of homes works in your favour. If you are buying, with interest rates creeping up you don’t want to miss out on the opportunity to own the home of your dreams.

As always, use an agent that you can trust and someone who puts your interests first while offering top notch service.

The Beardsley Team is here to help you out and to offer advice and answer your questions.

For a FREE, no obligation, market evaluation of your home, give us a call at 613-897-6839. If you are thinking about buying this year we also offer a FREE no obligation buyer consultation.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve Ottawa and the many rural communities that surround the city. CALL or TEXT 613-897-6839. Check out our client testimonials at www.BeardsleyTeam.ca 

How is the Market in Embrun and Limoges?

 If you are a home owner, what is selling in your local area is important to you. This article will give those of you interested in the Embrun-Limoges area a quick overview. Embrun is MLS district 602 and Limoges is MLS district 616.

Overall this year is better than last with many different price ranges selling and the styles of homes tend to reflect what is more readily available in this area.

Keep in mind that the Ottawa region is having one of the best years that we have seen in a long time. In many areas we are seeing what we refer to as a sellers’ market, IE there is less than 6 months’ supply of homes on the market. How does the Embrun-Limoges area compare?

Last year at this time we had 98 sales in Embrun and 65 sales in Limoges. This year we have 133 sales in Embrun and 80 in Limoges. A nice jump of 213 combined sales, up from 165 sales last year. Do keep in mind though that this does include new home builders who advertise on the MLS system. A sale is a sale and resale can compete with the builders.

While I am writing this, we have 118 active properties in Embrun and 52 active in Limoges.

That works out to roughly 7.8 months’ supply of homes in Embrun and 5.7 months supply in Limoges. That is not a lot of homes and indicates good selling opportunities for sellers with a better chance of getting a higher price.

Price Range: Embrun and Limoges, this year compared to last year at this time:

Embrun in 2017

Under $200,000 = 20 sales, last year 8 (a definite shift in the market)

$200,000-$300,000 = 32 sales, last year 42 (a definite shift in the market)

$300,000-400,000= 76 sales, last year 42 (a definite shift in the market)

$400,000+ = 10 sales, last year 7

Pretty much every price range is selling in Embrun.

Limoges in 2017

Under $200,000 = 6 sales, last year 6

$200,000-$300,000 = 28 sales, last year 21

$300,000-400,000= 46 sales, last year 30 (a definite shift in the market)

$400,000+ = 5 sales, last year 8

Pretty much every price range is selling today in Limoges.

What style of homes are selling this year compared to last year? Last year is shown in (number)

Embrun: Two story 65 (50)               Bungalows 31 (29)     Hiranch 8 (6)                       Split 6  (6)

Limoges: Two story 36 (30)               Bungalows 31 (23)     Hiranch 8 (7)                       Split 2  (2)

These numbers pretty much reflect the availability of these homes in this area, IE there are a lot more two story and bungalows than splits and hiranch.

If you are thinking about selling, now is the time to do it. You will have the opportunity to get a higher price while inventory is low. Don’t forget the spring market will see a flood of new homes enter the market. Right now the shortage of homes works in your favour. If you are buying, with interest rates creeping up you don’t want to miss out on the opportunity to own the home of your dreams.

As always, use an agent that you can trust and someone who puts your interests first while offering top notch service.

The Beardsley Team is here to help you out and to offer advice and answer your questions.

For a FREE, no obligation, market evaluation of your home, give us a call at 613-897-6839. If you are thinking about buying this year we also offer a FREE no obligation buyer consultation.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve Ottawa and the many rural communities that surround the city. CALL or TEXT 613-897-6839. Check out our client testimonials at www.BeardsleyTeam.ca 

What Is Selling In Greely This Year?

If you are a home owner, what is selling in your local area is important to you. This article will give those of you interested in the Greely area a quick overview.

Overall this year is better than last with many different price ranges selling and the styles of homes tend to reflect what is more readily available in Greely.
Keep in mind that the Ottawa region is having one of the best years that we have seen in a long time. In many areas we are seeing what we refer to as a sellers’ market, IE there is less than 6 months’ supply of homes on the market. How does Greely compare?

Last year at this time we had 112 sales in MLS district 1601 (note Greely does overlap into MLS 1605 and this area has not been included, meaning sales are even higher). This year we have 126 sales and conditional sales to date. A nice jump of 14 sales for a community the size of Greely.

While I am writing this, we have 89 active properties in MLS 1601 which is the main Greely area. That works out to roughly six months’ supply of homes. That is not a lot of homes and it really makes a difference when we look at the different price ranges.

Sales this year compared to last year at this time have been as follows:

Under $300,000 = 17 sales, last year 12 sales (a definite shift in the market)
$300,000-400,000= 25 sales, last year 16 (a definite shift in the market)
$400,000-500,000= 17 sales, last year 24 (another big shift)
$500,000-$600,000= 22 sales, last year 16 (positive movement)
$600,000-$700,000= 22 sales, last year 18 (Another positive increase)
Little change in the following price ranges
$700,000-$800,000= 11 sales, last year 13
$800,000-$900,000= 7 sales, last year 6
$900,000-$1 million= 5 sales, last year 4
$1 million plus=3 sales, last year 4

What is on the market today?

Under $300,000= 9 homes,  $300,000-$400,000= 5 homes,  $400,000-$500,000= 4  $500,000-600,000= 11,     $600-700,000=14,       $700,000-800,000= 15             $800,000-900,000=9,      $900,000-$1million=8,       $1 million plus= 12

If you are below $500,000 there isn’t that much competition out there at the moment. The $500,000-$700,000 price range has 25 active which might seem a like a lot, but so far this year we have seen 44 sales in that narrow price range compared to 34 this time last year.

What style of homes are selling this year compared to last year? Last year is shown in (number)

Two story 39 (44) Bungalows 63 (53) Hiranch 4 (3) Split 7 (4)

These numbers pretty much reflect the availability of these homes in Greely, IE there are a lot more two story and bungalows than splits and hiranch.
If you are thinking about selling, now is the time to do it. You will have the opportunity to get a higher price while inventory is low. Don’t forget the spring market will see a flood of new homes enter the market. Right now the shortage of homes works in your favour.

If you are buying, with interest rates creeping up you don’t want to miss out on the opportunity to own the home of your dreams.

As always, use an agent that you can trust and someone who puts your interests first while offering top notch service. The Beardsley Team is here to help you out and to offer advice and answer your questions.

For a FREE, no obligation, market evaluation of your home give us a call at 613-897-6839. If you are thinking about buying this year we also offer a FREE no obligation buyer consultation.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve Ottawa and the many rural communities, including Greely, that surround the city. CALL or TEXT 613-897-6839. Check out our client testimonials at www.BeardsleyTeam.ca

HOW IS THE MARKET DOING IN RUSSELL?

                       

If you are a home owner, what type of homes are selling in your local area is important to you. This article will give those of you interested in the Russell area a quick overview.

Overall this year is very different to last year, different price ranges are moving and the styles of homes tend to reflect what is more readily available in Russell.

Keep in mind that the Ottawa region is having one of the best years that we have seen in a long time. In many areas we are seeing what we refer to as a sellers’ market, IE there is less than 6 months’ supply of homes on the market. How does Russell compare?

Last year at this time we had 67 sales. This year 71 sales which is a nice jump for a community the size of Russell.

While I am writing this, we have 20 active properties in MLS 601 which is the Russell area.

That works out to roughly seven months’ supply of homes. That is not a lot of homes and it really makes a difference when we look at the different price ranges.

First of all we subtract the 3 condos on the market, now we are down to only 17 houses for sale in Russell.

Sales this year compared to last year at this time have been as follows:

In 2017

Under $300,000 = 7 sales, last year 13 sales (a definite shift in the market)

$300,000-350,000= 23 sales, last year 27

$350,000-400,000= 22 sales, last year 13 (another definite shift)

$400,000-450,000= 6 sales, last year 12, a bit of a drop but keep in mind that many of these were newer homes, including some from builders and their price points have been pushing up.

$450,000+ = 7 sales this year, 4 last year (another shift in the market)

As of today the market shows

Under $300,000 no homes

$300,000-$350,000= 6 homes (one of your prime buying markets)

$350,000-400,000= only 2 homes

$400,000-450,000= only 3

$450,000+   6 show as active. Only 2 are resale homes as opposed to builders models or those actually located outside of Russell.

What style of homes are selling this year compared to last year? Last year is shown in (number)

Two story 30 (31)

Bungalows 28 (19) A big market shift.

Hiranch 3 (4)

Split 4  (4)

These numbers pretty much reflect the availability of these homes in Russell, IE there are a lot more two story and bungalows than splits and hiranch.

If you are thinking about selling, now is the time to do it. You will have the opportunity to get a higher price while inventory is low. Don’t forget the spring market will see a flood of new homes enter the market. Right now the shortage of homes works in your favour. If you are buying, with interest rates creeping up you don’t want to miss out on the opportunity to own the home of your dreams.

The Beardsley Team is here to help you out and to offer advice and answer your questions.

We serve rural communities around Ottawa. If you would like information on Metcalfe, Greely, Osgoode, Vernon, Winchester, Kemptville and many more, call 613-897-6839.

For a FREE, no obligation market evaluation of your home give us a call at 613-897-6839.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve Ottawa and the many rural communities that surround the city. Check out our client testimonials. Call or text 613-897-6839.  www.BeardsleyTeam.ca

We Have A Great Real Estate Market Right Now

August was another very good month for the Ottawa Real Estate Board which saw 1,538 residential properties sell this year compared with 1,481 in August 2016, an increase of 3.8 per cent. The five-year average for August sales is 1,343. We also saw a 22.1% jump in condo sales over this time last year.

August’s sales included 359 in the condominium property class, and 1,179 in the residential property class. According to the Board “The number of new listings and inventory levels for the month of August continued their steady downwards trend compared to last year.”

This is excellent news for anyone wishing to sell this year. The fewer the number of homes on the market, the faster you will sell and your selling price will be higher. Residential listings are selling almost 30 per cent faster than this time last year, and condo units are selling just over 10 per cent faster than last year. This type of market (a seller’s market) doesn’t come along all that often and we can’t predict how long it will last. Although, keep in mind that while some areas within the Ottawa market are quite active, other areas of the city remain less active.

Call us if you want to sell this year, you need to be out there and on the market now to take advantage of these market conditions.

“The average sale price of a residential class property sold in August in the Ottawa area was $420,335, an increase of 7.6 per cent over August 2016. The average sale price for a condominium-class property was $270,768, a decrease of 0.4 per cent over August 2016.”

“The two most active price points in the residential market continue to be the $300,000 to $399,999 followed by the $400,000 to $499,999 range, combined accounting for 55.6 per cent of the market. Within the condo market, the most active price point was between $150,000 and $249,999.”

I have put together some examples (both rural and urban) to show you how various parts of the region are doing. The first number will be sales from January to August 31 this year; the second number will be sales in the same time period last year, shown as “this year/last year”. We can’t cover all of the areas here, but if you give us a call at 613-897-6839 we will be happy to provide the numbers to you.

THE STATISTICS

RURAL
Russell 68/63      Embrun 128/98      Limoges 76/59      Greely 115/102
Metcalfe 32/26      Vernon 3/10      Casselman 33/35                                       Kemptville-North Grenville 199/182     Chesterville 26/23                           Winchester 35/30      Iroquois 30/20      Morrisburg 26/23
Cardinal and Township 85/111      Almonte 79/78      Arnprior 92/95      Perth 46/65

URBAN
Barrhaven 1119/969      Orleans 1453/1331      Riverside South 225/174             Elmvale Acres 121/100     Alta Vista 253/194       HuntClub 133/135         Greenboro-S Keys-Hunt Club Park 247/216     Findlay Creek-Deerfield 154/101 Riverside Park-Mooneys Bay 111/99     Kanata area 1133/1071                      Stittsville area 616/537

If you have any questions, please give us a call at 613-897-6839.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve Ottawa and the many rural communities that surround the city. Check out our client testimonials. Call or text 613-897-6839.

Is Your Home Buying Budget Falling Behind The Rising Home Prices?

Are you finding housing prices rising quicker than you would like? The Ottawa region continues to see an active real estate market with some parts of the region seeing an actual shortage of homes as the number of listings can’t keep up with buyer demands. When that happens, prices tend to increase and those communities become what we refer to as a “seller’s market”.

If you find that your home buying budget is falling behind the rising prices, there is a solution.

Very few buyers have to buy in one specific community. While everyone has preferences, sometimes a slight shift opens up many new areas, often with very affordable homes.

For example, don’t overlook the many semi-rural and rural communities surrounding Ottawa. In these communities you will often find very reasonable prices and you can get more home for the dollar. That is what we did a few years ago when we bought a 4 bed home on an acre lot for the price of a very small single home or townhome in the south end. If you are a first time buyer, don’t give up looking. In these communities you can often buy a home on a large lot for the price of a townhome “in the city”

An added bonus is that many of these communities are along major access routes into Ottawa and commuting time is quite reasonable. For instance commuting time from Metcalfe, Osgoode or Russell is often faster than from many suburban areas such as Orleans. We have a few short videos on some of these communities on our web page. Check them out and see what these towns offer HERE.

Our main web page has a few buyer tips as well as some testimonials from buyers that we have helped to find the home of their dreams. I am sure some of the tips will be quite helpful. These buyer tips can be found HERE.

Click on these links to see a couple of examples of these communities:

Russell

Kemptville

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve both Ottawa and the many rural communities that surround the city. Check out our client testimonials on www.BeardsleyTeam.ca. Call or text 613-897-6839.

 

Ottawa is having another great month for real estate sales!

The Ottawa region continues to see an active real estate market with some parts seeing an actual shortage of homes as the number of listings can’t keep up with buyer demands. In those areas it is definitely a “seller’s market” with well-priced homes turning over quite quickly. Some examples of this would be in parts of Barrhaven, Stittsville and Kanata.

Each month we put together a number of short one minute videos that update readers on the sales taking place in about 30 communities (both urban and rural).

If you want to “catch the wave” during this hot market cycle and you are thinking about buying or selling this year, check them out.

Clicking on the attached links will bring you to the sales statistics for:

Barrhaven and

Kanata-Stittsville.

Videos for other communities can be found on our main web page HERE.

As always, if you have any questions give us a call.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). We serve both Ottawa and the many rural communities that surround the city. Check out our client testimonials on www.BeardsleyTeam.ca. Call or text 613-897-6839.

WOW! Look what they did to this home!

What happens when you take an older home, in this case a rural century home and decide to fix it up while preserving its past appeal? This couple has turned this home into something special. Truly 5 star living with all the comforts of the city. Check it out! https://youtu.be/VDDHC_WT-nk

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with and Keller Williams Solid Rock Realty (Brokerage). They serve the Ottawa region including the many rural communities that surround the city. Check out their client testimonials on www.BeardsleyTeam.ca. Call or text 613-897-6839.

 

How Is The Ottawa Real Estate Market Doing This Year?

We have reached the half way point this year and it is a good time to take a quick look at how the market is doing. One thing that you may have noticed is that there doesn’t seem to be as many “For Sale” signs out there. This is the result of two factors- low inventory and of course a higher than average sales volume.

Check out these numbers and you can see that the market is performing better than normal.

Ottawa Real Estate Board 2017 Residential Sales Numbers January  667, +11.5%                    February 1010, +11.2%            March 1485, +28% April 1795, +4.9%                           May 2300,  +19.9%                   June  2162, +8.9%

No matter how you look at it, those monthly numbers are pretty good.

Still not sure, check out the detailed statistics on our web site. We have put together twelve short one minute videos on various communities so that you can see what is happening. See these videos HERE

If you are thinking about selling “catch the wave” now as no one can predict how long this positive cycle will last.

Give us a call at 613-897-6839 and we will be happy to offer you a FREE, No Obligation market evaluation of your home.

CALL or TEXT 613-897-6839 or 613-552-0851. Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). They serve the many rural communities that surround the city as well as the city of Ottawa. Check out their client testimonials and service guarantee. www.BeardsleyTeam.ca

Great News!

The Ottawa real estate scene has seen an interesting development as the Chaisson Real Estate Team has expanded into Ottawa.

One of the most successful real estate teams in North America, they can be found on both sides of the border. They are presently the number one Keller Williams real estate team in Canada for sales. They have been in the top 3% of sales in Canada since 2003 and last year they were number two in Canada and nineth in all of North America. I say this not to impress you, but to impress on you that they sell a lot of homes.

They have approached a select group of agents in the Ottawa area who they feel meet their high standards of customer service, skills, training and dedication and formed CRT/Ottawa under Keller Williams Solid Rock Realty.

We are pleased to announce that after several weeks of discussions both Bev and I have accepted positions with CRT/Ottawa. The team will consist of seven very successful full time agents plus five administrative staff. We have NOT changed companies. We are still Keller Williams Solid Rock Realty, one of the Ottawa areas most successful real estate companies.

What does this mean for you?

If you are a client now: no real change on the surface. Your interaction with us remains unchanged. We are still here for you-exactly as before.

Below the surface we think that you can only benefit.
CRT/Ottawa brings to the table:
• a full time marketing team
• new marketing ideas
• excellent buyer generation potential
• top notch internet presence
• excellent training for their agents
• state of the art real estate programs for agents
• excellent administrative staff to free up our time so we can spend more time on the sales side and less time doing paper work and administrative work.

If you or someone you know is thinking about buying or selling this year please give them our name. We will be happy to help them out.

Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Keller Williams Solid Rock Realty (Brokerage). They serve the Ottawa region including the many rural communities that surround the city. Check out their client testimonials on www.BeardsleyTeam.ca. Call or text 613-897-6839 or 613-552-0851.