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Ottawa 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 ...

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Ottawa 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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Ottawa Real Estate Market Update February 2022: Has Spring Sprung Early in Ottawa’s Resale Market?

[embed]https://youtu.be/yILDz_hfyH4[/embed]   PRICES: +18% for single family homes  New Average: $906,909 +15% for condos New Average: $466,682 +16% for Row homes New Average :$703,033 +18% for Semi-detached New Average: $773,099 Only 20% of properties were under the $500,000 price point. We saw a 7% increase in sales over the $1M price point. SUPPLY: 1762 new listings came to market this past month.   This is ...

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Ottawa Real Estate Market Update January 2022: Frigid January Temperatures didn’t Cool Resale Market

[embed]https://youtu.be/yQ19T1oQE5U[/embed] Ottawa 30 second Real estate market update Price +14% for single family homes +18% for condos +17% for Row homes +8% for Semi-detached Supply 1143 - January 2022 1171 - January 2021 While the amount of new listings is on par with last year is is about 100 properties less than the 5 year average. Demand 936 residential properties sold 5 year ...

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