Tag: Market Update

Have a look at the May 2020 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 279 condominium-class properties in May 2020, a decrease of 49% from May 2019.

The average sale price for a condo in Ottawa was $343,589, an increase of 15.5% from May 2019.*

Curious about May 2020 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.

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Have a look at the March 2020 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 355 condominium-class properties in March 2020, a decrease of 5.1% from March 2019.

The average sale price for a condo in Ottawa was $369,311, an increase of 27.3% from March 2019.*

“We are observing what seems to be a continued balanced sellers market during the month of March. The balancing is likely a result of the proportional decreases in both buyers and sellers looking to transact. We assume as inventory continues to decrease the market will hold the pre-covid19 price gains as a result of intense demand over the slim inventory.” – Jeff Mziray

Curious about March 2020 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.

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Have a look at the February 2020 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 306 condominium-class properties in February 2020, an increase of 22.9% from February 2019.

The average sale price for a condo in Ottawa was $349,813, an increase of 21.3% from February 2019.*

Curious about February 2020 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.

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Have a look at the January 2020 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 222 condominium-class properties in January 2020, an increase of 6.7% from January 2019.

The average sale price for a condo in Ottawa was $338,077, an increase of 19.1% from January 2019.*

The average price for condos was 8.8% higher from last month.

Curious about January 2020 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.

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