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August 2023 Stats for Ottawa Real Estate

Ottawa Resale Market Stalls in August, Supply Challenges Persist

Members of the Ottawa Real Estate Board (OREB) sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase from August 2022. The five-year average for total unit sales in August is 1,525.

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Testimonial — Genuineness

“Dan…Once again, thank you for taking care of my family. There is a genuineness and intelligence to you that I very much appreciate.”

Brad S.

July 2023 Stats for Ottawa Real Estate

Stabilized July Resale Market Showing Positive Price Gains

Members of the Ottawa Real Estate Board (OREB) sold 1,263 residential properties in July through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,102 in July 2022, an increase of 15%. July’s sales included 979 in the freehold-property class, up 18% from a year ago, and 284 in the condominium-property category, a 6% increase from July 2022. The five-year average for total unit sales in July is 1,621.

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Testimonial — listening to clients

“Selling a home can be an emotional and stressful time but Dan makes the process go as smooth and hassle-free as possible. I particularly appreciated how he made my father feel comfortable and at ease with selling his home of 40 years (not an easy feat!). Dan is knowledgeable and professional yet warm and compassionate. He always takes the time to listen to his clients to better understand their needs and will always give his honest opinion without judgement or pressure. I have worked with many real estate agents in Ottawa and Toronto and Dan is by far the best. Thank you, Dan!”

G.C.

Testimonial — Dan’s Honesty

Dan’s greatest strength is honesty and working with him has been easy and straightforward. He is trustworthy and gets to the heart of things quick, listening to what I needed and wanted from him during the sale of my property. I appreciated all he did to help me during the process, from understanding the journey to keeping me updated.

 

Sophie C.