Ottawa real estate monthly report month of  Jul, 2017
The number of sold properties in Ottawa in June 2017, 408 condominiums and 1,754 residential properties, the total of 2,162 compared with 1,985 in June 2016 an increase of 8.9%.

The average sale price for condominium-class property was $289,905 an increase of 9.4% from June 2016.

The average sale price for residential-class property was $434,502 an increase of 8.8% from June 2016.

“The number of inventory is low and houses are staying on the market for shorter periods of time and there are more bidding wars, meaning buyers should prepare. We’re having a stellar year so far in 2017. Year-to-date sales numbers for the first half of the year are up in both the residential and condo property classes, Something we hadn’t seen for years.”

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