Ottawa real estate monthly report month of   Nov, 2016
The number of sold properties in Ottawa in October 2016, 257 condominiums and 957 residential properties, the total of 1,214 compared with 1,159 in October 2015 an increase of 4.5%.

The average sale price for condominium-class property was $251,465 an increase of 0.01% from October 2015.

The average sale price for residential-class property was $392,579, an increase of 3.3% of from October 2015.

“A 27% increase in sales of condominium units helped the Ottawa real estate market see its best October on record for property re-sales, the Ottawa Real Estate Board has reported.”

Get 15% of our commission as a cash back upon closing if you buy with iDeal Properties Realty.

For resale and new home transactions, we use the following formula to calculate your 15% commission rebate:
Property Purchase Price net of HST x commission offered by the builder/seller (min. 1.5% to a max of 4%) x 15%.

A $400,000 resale home purchase x 2.5% x 15% = $1,500 .


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