Ottawa real estate monthly report month of  Jan, 2017
Ottawa real estate monthly report month of January, 2017

The number of sold properties in Ottawa in December 2016, 165 condominiums and 550 residential properties, the total of 715 compared with 703 in December 2015 an increase of 1.7% .

The average sale price for condominium-class property was $ 262,698 an increase of 4.9% from December 2015.

The average sale price for residential-class property was $ 397,778 an increase of 1.5% of from December 2015.

“2016 proved to be a great year for Ottawa real estate, Average residential sale prices remained unchanged over last year, however we are seeing an increase in December compared to 2015.”

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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