Findlay Creek Real Estate Market Report – September 2024
Check out the latest Findlay Creek real estate market report for September 2024. Despite a -5.76% drop in home prices, the market still shows growth over the last 5 years. Compare Findlay Creek to Ottawa’s trends and stay updated on property values and mortgage rates.
Findlay Creek Real Estate Market Report – April 2024
Discover the latest insights in our Findlay Creek real estate market report for April 2024. Learn about property prices, days to sell, and long-term market trends in this unique housing market. Stay informed to make the best investment decisions in Findlay Creek.
Findlay Creek Real Estate Market Report – March 2024
Dive into the Findlay Creek real estate market report for March 2024. Discover key insights on property prices, market dynamics, and how Findlay Creek compares to the broader Ottawa area. Stay ahead with the latest trends and opportunities in one of Ottawa’s most desirable communities.
Findlay Creek Real Estate Market Report – February 2024
Stay informed about the latest trends in the Findlay Creek real estate market with our comprehensive February 2024 report. Discover key statistics, property prices, sales volumes, and more to make informed decisions about buying or selling in Findlay Creek.
Findlay Creek Real Estate Market Report – January 2024
Discover the latest trends in the Findlay Creek real estate market for January 2024. Explore in-depth analysis on property prices, market growth, and how Findlay Creek compares with Ottawa’s broader market. Stay informed on key statistics including average sale prices, days to sell, and mortgage rates for a comprehensive market overview.
Findlay Creek Real Estate Market Report – December 2023
Welcome to all Findlay Creek residents and real estate enthusiasts! We’re delighted to bring you the freshest scoop of the Findlay Creek real estate market report for December 2023. In this detailed account, we’ll take you on a journey through the major shifts designed to piece you onto the current state of the idiosyncratic housing market landscape in Findlay Creek.
Findlay Creek Real Estate Market Report – October 2023
Title: October 2023’s Real Estate Market Analysis for Findlay Creek
Introduction:
Greetings to all Findlay Creek residents and real estate aficionados! We’re pleased to bring you the most up-to-date real estate market report for Findlay Creek for October 2023. Hop on board as we dissect the key statistical insights that will leave you well-versed with the prevailing conditions of the unique housing market in Findlay Creek.
Property Prices:
As per recent records, the average sale cost for a detached single-family home in Findlay Creek for October 2023 stands at $905,000. This indicates a modest growth of 1.77% when placed side by side with last year’s aggregate cost for the same month which was $889,238.
Days to Sell:
For October 2023, properties on average spent about 50 days in the market, which interestingly, aligns with both the previous year’s time span as well as the timeframe from October 2018. This reveals a considerably stable market scenario in Findlay Creek.
Properties Sold:
The October 2023 housing industry saw the sale of 10 properties, marking a decrease of 41.2% from the 17 properties sold during the same month the previous year. However, when viewed in comparison to the same month five years ago, we notice a stable trend as it was also 10 properties that were sold in October 2018.
Long-Term Market Growth:
Over the span of the past five years, Findlay Creek’s real estate market indicates remarkable growth. In exact numbers, the average price of a detached single-family home rocketed from $312,425 in 2018 to an impressive $905,000 in October 2023, marking a significant surge of 189.67%.
Findlay Creek vs Ottawa:
On comparing Findlay Creek to the entire municipality of Ottawa, the emerging trends are indeed intriguing. While the average purchase price for a detached single-family home in Ottawa was around $756,543 in October 2023, Findlay Creek was ahead by 16.4% with the average cost at a higher $905,000.
Posted Mortgage Rates:
As disclosed on November 1, 2023, the interest rate for a 1-Year term tenure was recorded at 8.09%, whereas the rates for 3-Year and 5-Year terms stood at 7.24% and 7.04% respectively.
Conclusion:
With a considerable appreciation in property prices, and steady timelines in closure of deals, the Findlay Creek real estate landscape throws interesting insights; hinting at being a lucrative investment option. Whether you’re a real estate enthusiast, or a potential homeowner, keeping a close watch on these trends is indeed beneficial.
All real estate statistics in this report have been collated from data provided by the Ottawa Real Estate Board’s MLS System. To ensure superior precision for smaller Ottawa regions, our analytics approach has been finely tuned. While every effort is made to ensure accuracy, being human, we cannot offer a complete guarantee of the same.
Findlay Creek Real Estate Market Report – September 2023
Welcome to all Findlay Creek residents and real estate enthusiasts! We’re thrilled to present the latest Findlay Creek real estate market report for September 2023. In this month’s report, we delve into the key statistics that will keep you informed about the current state of the unique housing market in Findlay Creek.