Have a look at the February 2019 Market Statistics for Condominiums in Ottawa.
Members of the Ottawa Real Estate Board sold 249 condominium-class properties in February 2019, a decrease of 0.4% from February 2018.
With year-to date unit sales up 8% higher in both the condo and residential categories, the spring market is looking very favourable.
The average sale price for a condo in Ottawa was $288,354, an increase of 5.6% from February 2018. *
Between $175,000 to $274,999 remained the most prevalent price point in the condo market, accounting for 48% of the units sold.
Curious about February 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.
