Tag: Statistics

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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Condominium property class sales in Ottawa increased 13% in 2019 with 4,584 units sold versus 4,056 in 2018. The average sale price for a condominium class property in Ottawa in 2019 was $304,203, up 9.3% from last year.

Ottawa had a busy and expensive condo market last year, here is a list of the top 10 most expensive condo buildings, top 10 most expensive neighbourhoods and top 10 dork ranking buildings in 2019.

Average Price Per Sq ft
$609.31
$614.61
$646.81
$677.63
$679.03
$691.49
$701.28
$711.18
$722.72
$912.70

 

Average Sold Price Per Sq ft
$469.52
$469.84
$472.76
$476.76
$480.96
$489.40
$515.26
$518.26
$521.28
$539.29
Ranking
10
9
8
7
6
5
4
3
2
1
*based off a factor that is used to evaluate buildings based on sales, average price per sq ft and days on market.
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Have a look at the November 2019 Market Statistics for Condominiums in Ottawa.

Members of the Ottawa Real Estate Board sold 330 condominium-class properties in November 2019, an increase of 12.2% from November 2018.

The average sale price for a condo in Ottawa was $313,734, an increase of 9.8% from November 2018.*

The most active price point in the condominium market was, $225,000-$349,999, and accounted for 57.5% of the units sold.

Curious about November 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.

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