Ottawa real estate monthly report month of  Sep, 2018
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The number of sold properties in Ottawa in August 2018, 398 condominiums, increased 10.9% from August 2017, and 1,188 residential properties, remained relatively unchanged from August 2017, and the reason is the number of inventory is 18% lower than August 2017.

The total number of sold properties 1,586 compared with 1,535 in August 2017 an increase of 3.3%.

The average sale price for residential-class property was $433,684 an increase of 3.1% from August 2017.
The average sale price for condominium-class property was $276,720 an increase of 2.2% from August 2017.

The most active price point in the residential market was between $300,000 to $449,999 .

Where is the current Ottawa Real Estate Market?

Ottawa is still a seller’s market and move forward at a reasonable pace. Undoubtedly, inventory remains low (18% off last year’s inventory level) , but our property prices continue to be stable and affordable.

If you are thinking of buying or selling your house, call us anytime for a FREE PRICING EVALUATION, it is never too early or too late to speak to us. We look forward to your call.

We are able to determine the market growth in every neighbourhood in Ottawa, So if you are interested to know about real estate trends in any areas in Ottawa, please Contact us


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