Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price …
Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September …
Ottawa and Area Real Estate Market Snapshot October 2020 Read More »
Market Reports Request We have detailed statistics and market reports available in all areas in and around Ottawa.
Market Snapshot: The numbers are up again as this past months unit sales increased 19% from this time last year!
Ottawa’s resale market offers solid returns for many Sellers, while Buyers continue to feel the squeeze. Those most impacted are especially those attempting to enter the housing market. Multiple offers are a common occurrence with over 57% of properties selling over the listing price compared to 33% of transactions last July.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests. Message us anytime!
Market update: March 2020. While we are thankful to have been named an essential service, Realtors® and brokerages everywhere are working together to ensure that necessary protocols are in place to ensure public safety in this new reality. As trusted advisors, committed to flattening the curve, our industry is finding creative ways to use technology …
Ottawa Real Estate Snapshot March 2020 Read More »
Ottawa Real Estate Highlights December 2019 Record-Breaking 2019 Closes Out Decade Another record breaking year in both the number of sales & average prices! The average sale price of a residential property crept up over $500K during several months in 2019, with the annual average sale price settling at just below $490,000. As we head into 2020 we anticipate that the prices will continue to increase, however even then, the Ottawa area real estate market remains one of the most affordable major cities in Canada. Highlights
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In Ottawa, we talk about the Spring market and the Fall market as being the two busiest seasons to buy and sell real estate in Ottawa. Our Spring market started early this year and instead of slowing down over the Summer it continued to be strong throughout the Summer months. Throughout the year we have seen consistent growth in both listing prices and sale prices. In June, the Ottawa residential average sale price climbed over $500K for the first time ever! There is also great news for the Ottawa condo market. Now that condo prices have bounced back, more sellers
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Ottawa Real Estate Market update: August 2019 (September 5, 2019) If you’ve been following the Ottawa Real Estate market it probably won’t come as a surprise that both unit sales and prices were up last month, in spite of continuing issues with low supply. Heading into the fall months we don’t see any signs of our fast paced market slowing down. If you have any questions, we’re always here to chat! Market Highlights: Number of Sales: Total properties sold 1,731 compared with 1,581 in August 2018, an increase of 9.5 per cent. 1,300 in the residential-property class, up 9.7 per
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DIRECT: 613-223-6625 | OFFICE: 613-258-6299 MAIN LISTINGS ACTIVE LISTINGS OTTAWA SOLDS LUXURY LISTINGS OPEN HOUSES BUYERS SELLERS CATERED AFFAIRS BLOG TESTIMONIALS PARTNERS CONTACT MAIN LISTINGS ACTIVE LISTINGS OTTAWA SOLDS LUXURY LISTINGS OPEN HOUSES BUYERS SELLERS CATERED AFFAIRS BLOG TESTIMONIALS PARTNERS CONTACT LEARN MORE ABOUT THIS PROPERTY Property Details Room Dimensions Mortgage Calculator Map Property Details Room Dimensions Mortgage Calculator Map YOU MIGHT ALSO LIKE THESE LISTINGS LOOKING FOR SOMETHING SPECIFIC? LET ME KNOW AND I’LL FIND IT FOR YOU Chris Drozda Broker Phone: 613-223-6625 chrisdrozda@royallepage.ca John Carkner, Realtor® johncarkner@royallepage.ca Sue Barnes, Broker suebarnes@royallepage.ca (613) 292-5889 The trade marks displayed on this
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Market Snapshot: June 2019 Ottawa Real Estate update. Condo Sales Continue to Dominate Resale Market | Ottawa Residential Average Sale Price Climbs over $500K for the first time ever!
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