View
39
Download
0
Category
Preview:
Citation preview
Source: OREB
Explanation: This chart plots monthly MLS® sales for the current year and the previous year. The blue line shows the
5 year average sales trend. The seasonal trend can be seen as well as a comparison to the previous year each month.
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Units
Ottawa MLS® Unit Sales
2014 2015 5 year AVG
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® average sales price for the current year and the previous year. The blue line shows
the 5 year average sale price trend. The seasonal trend can be seen as well as a comparison to the previous year each month.
220,000
240,000
260,000
280,000
300,000
320,000
340,000
360,000
380,000
400,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Ave
rag
e S
ale
$Average Sale Price
2014 2015 5 year AVG
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® selling time for the current year and the previous year. The seasonal trend
can be seen as well as a comparison to the previous year each month.
0
20
40
60
80
100
120
140
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cum
ula
tive
Days
Average Selling Time
2014 2015
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® listing inventory for the current year and the previous year. The blue line
shows the 5 year average inventory trend. The seasonal trend can be seen as well as a comparison to the previous
year each month.
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
UN
ITS
Ottawa MLS® Listing Inventory
2014 2015 5 year AVG
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® new listings for the current year and the previous year. The blue line
shows the 5 year average new listings trend. The seasonal trend can be seen as well as a comparison to the previous
year each month.
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
UN
ITS
Ottawa MLS® ListingsTaken
2014 2015 5 year AVG
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® absorption rate for two years. The absorption rate is the # of months it
would take to sell off existing listing inventory at the current pace of sales. The red line shows the residential homes
absorption rate and the green line shows the rate for condominiums.
0
2
4
6
8
10
12
14M
ar'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Ma
r'1
5
Mo
nth
s o
f S
up
ply
Inventory Absorption Rate
RES CONDO
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® sales to listing inventory ratio for three years. This ratio indicates the
market balance. A ratio between 15%-25% is a balanced market which favours neither buyer or seller. A ratio below
15% favors buyers (supply is high - demand is low). A ratio above 25% favors sellers (supply is low - demand is high)
The red line shows the residential homes ratio and the green line shows the ratio for condominiums.
Seller’s Market
5%
10%
15%
20%
25%
30%
Ma
r'1
2
Ap
r'1
2
Ma
y'1
2
Jun
'12
Jul'1
2
Au
g'1
2
Se
p'1
2
Oct'1
2
Nov'1
2
Dec'1
2
Jan
'13
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Ma
r'1
5
Sales To Inventory Ratio - Ottawa
Res Condo
Balanced Market
Buyer’s Market
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® sales for two years. The red bar shows the condo portion of total sales and
the blue bar is the residential portion of total sales. This shows seasonal sales trend. Condos represent @ 21% of total
sales and residential listings represent @ 79% of sales.
0
200
400
600
800
1000
1200
1400
1600
1800
2000M
ar'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Ma
r'1
5
Units
Unit Sales
Residential Condo
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® average sale price for two years. The red bar is condo and the blue bar is
residential. The green line is the combined average sale price. Shows seasonal sale price trend and property type
difference in average sale price.
225,000
245,000
265,000
285,000
305,000
325,000
345,000
365,000
385,000
405,000
425,000
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
De
c'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Ma
r'1
5
Ave
rag
e S
ale
$
Avg. Sale Price
Residential Condo Res + Condo
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® listings taken for three years. The red bar shows the condo portion of total
new listings and the blue bar is the residential portion of the total new listings taken. Shows seasonal trend and
proportion of property type mix. Condos are a smaller portion of the market and represent approximately 23% of the
total listing inventory and residential homes represent approximately 77% of the total listing inventory.
0
500
1000
1500
2000
2500
3000
3500
4000
4500
Ma
r'1
2
Ap
r'1
2
Ma
y'1
2
Jun
'12
Jul'1
2
Au
g'1
2
Se
p'1
2
Oct'1
2
No
v'1
2
De
c'1
2
Jan
'13
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
No
v'1
3
De
c'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
No
v'1
4
De
c'1
4
Jan
'15
Fe
b'1
5
Ma
r'1
5
UN
ITS
Ottawa MLS(R) Listings Taken
Res Condo
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Source: OREB
Explanation: This chart plots monthly MLS® active listings inventory for three years. The red bar shows the condo
portion of total listing inventory and the blue bar is the residential portion of the total listing inventory. Shows seasonal
trend and proportion of property type mix. Condos are a smaller portion of the market and represent approximately
22% of active listings and residential properties are 78% of active listing inventory.
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000M
ar'1
2
Ap
r'1
2
Ma
y'1
2
Jun
'12
Jul'1
2
Au
g'1
2
Se
p'1
2
Oct'1
2
Nov'1
2
Dec'1
2
Jan
'13
Fe
b'1
3
Ma
r'1
3
Ap
r'1
3
Ma
y'1
3
Jun
'13
Jul'1
3
Au
g'1
3
Se
pt'13
Oct'1
3
Nov'1
3
Dec'1
3
Jan
'14
Fe
b'1
4
Ma
r'1
4
Ap
r'1
4
Ma
y'1
4
Jun
'14
Jul'1
4
Au
g'1
4
Se
p'1
4
Oct'1
4
Nov'1
4
Dec'1
4
Jan
'15
Fe
b'1
5
Ma
r'1
5
UN
ITS
Ottawa MLS(R) Listing Inventory
Res Condo
prepared by: Rick Snell, Broker Keller Williams Ottawa Realty, brokerage independently owned and operated
Recommended