Ottawa Real Estate Update  Feb, 2021
Jan 2021 Jan 2020 # of Sale # of Sale Increase
Residential $677,197 (+31%) $516,994 674 +21%
Condominium $380,336 (+13%) $336.580 290 +31%
Total Sale 964 +24%

The number of properties entering the market declined in the middle of January.

This inventory shortage coupled with strong demand triggered a brisk pace to the market. We would have certainly seen higher sales numbers if there were more properties available because the demand is definitely there

Considering the fact that the resale market continues to experience multiple offers and bidding wars, buyers and sellers need the guidance, knowledge and experience of an agent who has maneuvered through this many times, "Now more than ever".

If you are interested to know about any neighbourhoods in Ottawa, or 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. 613-366-1713.

iDeal Properties Realty
1730 St. Laurent Blvd. Suite # 800
Ottawa, Ontario, K1G 5L1

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