Archives for Real estate statistics

Ottawa and Area Real Estate Market Snapshot July 2020

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.


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Ottawa Real Estate Snapshot March 2020

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 to assist  clients who are in urgent need to buy or sell.  While the beginning of the month there was plenty of activity as the spring market started to heat up, when the Ontario State of Emergency began, our industry rightly made the adjustments necessary
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Ottawa Real Estate Market Snapshot

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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Real Estate Market Snapshot: Hot Market in a Scorching July

Celebrating 32 Years of Real Estate Excellence 1988-2019 TOP 2% of over 18,000 Realtors in Canada for Royal LePage! MAIN ABOUT LISTINGS Active Listings Search MLS Sold Listings BUYERS SELLERS RELOCATING AREA INFO CLIENT CARE Resources Newsletters TESTIMONIALS BLOG CONTACT MAIN ABOUT LISTINGS Active Listings Search MLS Sold Listings BUYERS SELLERS RELOCATING AREA INFO CLIENT CARE Resources Newsletters TESTIMONIALS BLOG 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 John Spagnoli
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