Jan
06

December 2019 Market Statistics for Condominiums in Ottawa

Have a look at the December 2019 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 227 condominium-class properties in December 2019, an increase of 18.8% from December 2018.

The average sale price for a condo in Ottawa was $310,675, an increase of 13% from December 2018.*

Condo sales increased 13% with 4,584 units sold in 2019 versus 4,056 in 2018.

Year-end figures show an average sale price of $304,203 for condos, up 9.3% from last year.

Curious about December 2019 market statistics for residential-class properties in Ottawa as well? Click here to read the full story.

*Average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price and conditions will vary from neighbourhood to neighbourhood.

Post by: Kim Pepin

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