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

The number of sold properties in Ottawa in May 2020, 279 condominiums, a decrease of 49% from May 2019.

However the average sale price for condominium-class property was $343,589 an increase of 15.5% from May 2019.

and 1066 residential-class properties, a decrease of 43% from May 2019.

However The average sale price for residential-class property was $548,140 an increase of 11.2% from May 2019.

The TOTAL number of sold properties in May 2020 was 1,345 compared with 2,410 in May 2019 a decrease of 44% .

The shortage of inventory due to CIVID-19 has driven down the number of new listings for the past months.

The number of new listings are increasing and prices are going up as well.

There are many Multiple offers on new listings and properties are being sold over asking price.

If you are thinking of buying or selling your house, call us anytime for a FREE PRICING EVALUATION,

We look forward to your call. 613-366-1713.

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


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