Ottawa Real Estate Monthly Report  Feb, 2020
Welcome to iDeal Properties Realty Ottawa monthly report. Your Real Estate Resource for the FAMILIES of National Capital.

Year 2020 started slower as the shortage of inventory is now impacting market momentum.

The number of sold properties in Ottawa in January 2020, 222 condominiums, a Decrease of 6.7% from January 2019, and 558 residential properties, a Decrease of 8.4% from January 2019.

The total number of sold properties in January 2020 was 780 compared with 817 in January 2019 a Decrease of 4.5%.

The average sale price for residential-class property was $ 516,229 an increase of 19.3% from January 2019.

The average sale price for condominium-class property was $ 338,077 an increase of 19.1% from January 2019.

Compared to last month, however, the average price for residential-class properties increased by a modest 3.2% and the average price for condominium-class units was 8.8% per cent higher.

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. 613-222-7082.


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