IrisHousing market

Iris

Iris Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

63

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

12 active

New

1(-92.86% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 6, in 2023: 5, in 2022: 1

Total Sold Listings*

3 sold

Median Sold Price

$620,000

Avg Days on Market

63 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 6, in 2023: 7, in 2022: 9

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Iris - All types

Sold vs Active vs New vs Relisted - Iris - All types

Sold Price Distribution - Iris - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Iris - All types

Property type distribution based on data from the last 3 months.

Median Price - Iris - All types

Just listed - Iris

Home with brick exterior material, street for 2389 Malone Cres, Ottawa Ontario K2C 1L4

1 day on market

Up to4K Cashback

2389 Malone Cres, Ottawa

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 2247 Miramichi St, Ottawa Ontario K2C 0Z1

7 days on market

Up to4K Cashback

2247 Miramichi St, Ottawa

Detached3+12700-1100 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Unknown for 1300 Adirondack Dr, Ottawa Ontario K2C 2V3

14 days on market

Up to4K Cashback

1300 Adirondack Dr, Ottawa

Detached3+12700-1100 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 2368 Sudbury Ave, Ottawa Ontario K2C 1L7

Sold cond. - Escape clause

Up to3K Cashback

2368 Sudbury Ave, Ottawa

Detached4+321100-1500 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1250 McWatters Road Rd #40, Ottawa Ontario K2C 3E7

35 days on market

Up to2K Cashback

1250 McWatters Road Rd #40, Ottawa

Condo31800-899 sq ft

Listed by RED MOOSE REALTY INC.

Home with vinyl exterior material, street for 2238 MIRAMICHI St, Ottawa Ontario K2C 0Y9

84 days on market

$•••,•••

Up to4K Cashback

2238 MIRAMICHI St, Ottawa

Detached3+23- sq ft

Listed by FIRST CHOICE REALTY ONTARIO LTD.

Frontside or backside of a home, cottage for 2421 IRIS St, Ottawa Ontario K2C 1C7

1 year on market

Up to3K Cashback

2421 IRIS St, Ottawa

Semi-Detached31- sq ft

Listed by RIGHT AT HOME REALTY

Just sold - Iris

A pic from exterior of the house or condo, cottage for 1349 BLOOMSBURY Cres, Ottawa Ontario K2C 2Y8

Sold 48 days ago

Sold for $620,000

$15K below asking

1349 BLOOMSBURY Cres, Ottawa

Detached32- sq ft

Listed by ENGEL & VOLKERS OTTAWA

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 2440 Thorson Ave, Ottawa Ontario K2C 1M5

Sold 51 days ago

Sold for $689,000

$21K below asking

2440 Thorson Ave, Ottawa

Detached3+12- sq ft

Listed by SOLID ROCK REALTY

Unknown for 1250 Mcwatters Rd #33, Ottawa Ontario K2C 3P5

Sold 53 days ago

Sold for $338,000

$12K below asking

1250 Mcwatters Rd #33, Ottawa

Condo31900-999 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 1320 Bloomsbury Cres, Ottawa Ontario K2C 2Y9

Sold 64 days ago

Sold for $610,500

$19K below asking

1320 Bloomsbury Cres, Ottawa

Semi-Detached3+12- sq ft

Listed by BENNETT PROPERTY SHOP REALTY

Unknown for 2427 Baseline Rd, Ottawa Ontario K2C 0E3

Sold 69 days ago

Sold for $580,000

$20K below asking

2427 Baseline Rd, Ottawa

Detached-2- sq ft

Listed by SUTTON GROUP - OTTAWA REALTY

Unknown for 2175 Regency Terr, Parkway Park - Queensway Terrace S and Area Ontario K2C 1H2

Sold 78 days ago

Sold for $675,000

$10K below asking

2175 Regency Terr, Parkway Park - Queensway Terrace S and Area

Detached2+23- sq ft

Listed by COLDWELL BANKER SARAZEN REALTY

Unknown for 2176 Lambeth Walk, Parkway Park - Queensway Terrace S and Area Ontario K2C 1G1

Sold 79 days ago

Sold for $985,000

$13K below asking

2176 Lambeth Walk, Parkway Park - Queensway Terrace S and Area

Detached4+45- sq ft

Listed by DETAILS REALTY INC.

Home with brick exterior material, street for 2429 Sudbury Ave, Parkway Park - Queensway Terrace S and Area Ontario K2C 1L6

Sold 93 days ago

Sold for $668,000

$18K above asking

2429 Sudbury Ave, Parkway Park - Queensway Terrace S and Area

Detached32- sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Home with brick exterior material, street for 2646 Iris St, Parkway Park - Queensway Terrace S and Area Ontario K2C 1E5

Sold 97 days ago

Sold for $556,000

$31K above asking

2646 Iris St, Parkway Park - Queensway Terrace S and Area

Detached32- sq ft

Listed by OTTAWA PROPERTY SHOP REALTY INC.

Frontside or backside of a home, cottage for 1288 HIGHGATE Rd, Parkway Park - Queensway Terrace S and Area Ontario K2C 2Y4

Sold 105 days ago

Sold for $565,000

$10K below asking

1288 HIGHGATE Rd, Parkway Park - Queensway Terrace S and Area

Semi-Detached3+12- sq ft

Listed by FIRST CHOICE REALTY ONTARIO LTD.

Population and Demographics

Overview

Total population 5807

Average household income $116,669

Age (%)

20 to 34

28%

50 to 64

19%

0 to 19

19%

65 and plus

17%

35 to 49

17%

Household composition (%)

Single family

59%

Single person

29%

Multi person

12%

Multi family

1%

Mother tongue (%)

English

75%

French

8%

Arabic

3%

Others

3%

English and French

2%

Vietnamese

2%

Spanish

1%

Mandarin

1%

Italian

1%

House tenancy (%)

Owners

52%

Renters

48%

Top 2 Schools in Iris

École Élémentaire Catholique Terre-des-Jeunes1303 Fellows rue, K2C 2V8, Ottawa, ON

5.5/10

Public•JK-6

Our Lady of Victory Elementary School1175 Soderlind St, K2C 3B3, Ottawa, ON

5.2/10

Public•JK-6

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

4/5

Within walking distance of a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance