Ottawa real estate monthly report month of  Feb, 2017
The number of sold properties in Ottawa in January 2017, 119 condominiums and 548 residential properties, the total of 667 compared with 598 in January 2016 an increase of 11.7% which is a great start for 2017.

The average sale price for condominium-class property was $288,655 an increase of 16.8% from January 2016.

The average sale price for residential-class property was $394,001an increase of 1.9% from January 2016.

Residential resales supported this increase, with a 16.6% growth over January 2016.

Prices will vary from neighbourhood to neighbourhood therefore you are encouraged to use real estate agent
to find out the neighbourhoods have price appreciation potential.

“2017 started and proved to be a great year for Ottawa real estate market, if you are thinking of buying or selling your home please click on the link below to take advantage of our limited time Promotions.


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