Ottawa Area Real Estate Market Snapshot June 2021
Ottawa Area Real Estate Market Snapshot June 2021 The June 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The last two weeks of June showed a slow down in volume of activity compared to May. This is typical for the time of year as people shift their focus to enjoying the nice …
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Ottawa and Real Estate Market Snapshot April 2021
The April 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The strongest April on record. With more sales and accelerated price increases the continued lack of supply is apparent. The pandemic has homeowners focusing on living space, driving the demand for change. If you’re considering a move we’re here to help answer …
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Ottawa and Real Estate Market Snapshot March 2021
The March 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The long-term inventory shortage continues to drive prices however, the number of residential properties sold in March of 2021 is over double the number of properties that sold just one year prior. The Spring market sure has sprung! If you’re considering a move …
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Ottawa and Real Estate Market Snapshot February 2021
The February 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Low inventory is causing properties to “fly off the shelves”. With a record number of sales for the month, residential homes being listed are on the market for an average of 14 days which is a significant drop from the average 30 days …
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Ottawa and Real Estate Market Snapshot January 2021
Market Reports Request Market Snapshot: Buyer demand fuelled the Ottawa resale market as we kicked off the year. The announcement of the stay-at-home order early in the month caused a shortage in inventory while the strong demand remained. If you’re considering a move we’re here to help answer any questions you have, in this market …
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Ottawa and Area Real Estate Market Snapshot October 2020
Market Reports Request Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the pandemic. We saw gains in the average sale price followed by a decrease from September …
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Ottawa and Real Estate Market Snapshot December 2020
Market Reports Request Market Snapshot: Ottawa’s resale market continued to thrive through December despite the challenges of 2020. The inventory shortage for 2020 caused an increase in the sale price as the demand remained with record-low mortgage rates. If you’re considering a move we’re here to help answer any questions you have, in this market …
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Ottawa and Real Estate Market Snapshot November 2020
Market Reports Request Market Snapshot: Ottawa’s resale market didn’t show its typical slowdown in November. With no slowdown our resale year to date transactions are on track with 2019. There were 50% less residential listings than this time last year. A concurrent decrease in inventory is a reliable indicator of why the average sale price …
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Ottawa Market Snapshot October
Market Reports Request We have detailed statistics and market reports available in all areas in and around Ottawa. Market Snapshot: Ottawa’s resale market was steady as she goes through October as we started to get some cooler weather. As demand persists so does the changing buyer behaviour and preferences due to the reality of the …
Ottawa and Area Real Estate Market Snapshot September 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.
If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests. Message us anytime!