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Ottawa Real Estate Market ReCap: June 2022 Residential Resale Market’s Shifting Benchmark Reality
Ottawa 30 second Real estate market update PRICES: Detached Home Average: $823,821⬆️ 6% Condo Average: $438,977 ⬆️1% Semi-Detached Average: $704,615⬆️2% Row Home Average: $646,164⬆️7% SUPPLY: 3213 new listings came to market this past month. This is more than we usually see in June DEMAND: 1508 residential properties sold in June The 5-year average is 1966 Typically the spring market has ...
Continue ReadingOttawa Real Estate Market Recap: May 2022 Ottawa’s May Residential Resales Underperform Expectations
Ottawa 30 second Real estate market update PRICES: Detached Home Average: $855,492⬆️ 7% Condo Average: $470,353 ⬆️12% Semi-Detached Average: $734,249⬆️15% Row Home Average: $671,859⬆️9% SUPPLY: 3120 new listings came to market this past month. This is on par with the number of sales we usually see come onto the market in May DEMAND: 1846 residential properties sold in May. This is ...
Continue ReadingOttawa Real Estate Market Recap: April 2022 April Residential Resales in a Flux
April Video to be posted soon PRICES: Detached Home Average: $886,901 ⬆️ 12% Condo Average: $469,603 ⬆️12% Semi-Detached Average: $737,084⬆️6% Row Home Average: $702,536⬆️14% SUPPLY: 2846 new listings came to market this past month. *Excluding April 2020 (The first month of COVID). This is slightly fewer new listings than we typically see in April DEMAND: 1886 residential properties sold in ...
Continue ReadingOttawa Real Estate Market ReCap – March 2022: March Resales Indicate Strong Spring Market
[embed]https://youtu.be/QgL7_fONF-k[/embed] PRICES: Detached Home Average: $917,387 ⬆️ 2% Condo Average: $467,915 ⬆️13% Semi-Detached Average: $776,343 ⬆️14% Row Home Average: $726,545 ⬆️16% SUPPLY: 2632 new listings came to market this past month. This is 6% lower than last year at this time. DEMAND: 2011 residential properties sold this March, which is less than the last year 2021 (2274) The 5 yr average ...
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