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Ottawa Real Estate Statistics

The facts: Number of Sales (602) –  decrease of 11.7%   Avg. Sale Price ($342,458) – decrease of 1.8%   Days on Market – 55 days New Listings – increase of 15%   Inventory Absorption Rate –  5.5 months  Sales-to-Inventory Ratio – 12%  (Buyer’s Market)    The Ottawa Real Estate Board reported 602 unit sales in January which was a decrease of 11.7% over January 2012. The five year average for sales in January is 667 units.  New listings for […]

Ottawa market dips post “cool down”

Members of the Ottawa Real Estate Board sold 602 residential properties in January through the Board’s Multiple Listing Service® system, compared with 682 in January 2012, a decrease of 11.7 per cent. “The Ottawa resale market, which started to flatten out in November and December – potentially as a result of the governments’ aim to […]

Steady as she goes for the Ottawa resale market in 2012

Members of the Ottawa Real Estate Board sold 618 residential properties in December through the Board’s Multiple Listing Service® system, compared with 695 in December 2011, a decrease of 11.1 per cent. The five-year average for December sales is 617. The total number of homes sold through the Board’s MLS® system in 2012 was 14,308, […]

A chilly November for Ottawa sales

With the cooler weather, comes a slight “cool down” in the Ottawa resale market. While the average sale price increased, the number of units sold decreased on a year over year analysis. Members of the Ottawa Real Estate Board sold 931 residential properties in November through the Board’s Multiple Listing Service® system, compared with 1,023 […]

Ottawa market picks up as the leaves fall

As the leaves continue to fall in Ottawa, we are seeing an increase in units sold, as well as an increase in average sale price. Members of the Ottawa Real Estate Board sold 1,073 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,059 in October 2011, an increase of 1.3 […]

September sales historically on track in Ottawa

“There has been a lot of attention recently on the need to “cool” the real estate market across the country,” said Ottawa Real Estate Board President, Ansel Clarke. “While there may be a need in some areas, we emphasize that real estate is local, and conditions and prospects will vary among major market areas and […]

Market update

The Ottawa Real Estate Board reported unit sales of 1,141 in August a decrease of 14.1% from August 2011. The 5-year average for sales in August is 1,234 units.  The average sale price was $346,949, an increase of 2.5% over August 2011. New listings were down from the previous month and up from August 2011. […]

Ottawa Real Estate Statistics

The Ottawa Real Estate Board reported an increase in unit sales in July by 3.4% over July 2011. This is in line with the five year historical average for sales in the month of July (1,360). The average sale price was $337,518, a small decrease of 1.2% compared to July 2011. New listings were down […]

Steady summer sales in the Ottawa housing market

Members of the Ottawa Real Estate Board sold 1,366 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,321 in July 2011, an increase of 3.4 per cent. The five-year average for July sales is 1,360.July’s sales included 304 in the condominium property class, and 1,062 in the residential property class. […]

Ottawa Real Estate Statistics

The statistics are based on sales figures released by the Ottawa Real Estate Board on July 5th and include sales of both houses and condominiums in the Greater Ottawa Area. The facts: # of Sales (1,660) –  decrease 3.4% Avg. Sale Price ($352,800) – down .1% Days on Market = 35 days New Listings – […]

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