The Ottawa Real Estate Board recently released the statistics for the sales within the board in March 2020. Here is an overview:
The total number of residential & condo properties sold in March 2020 (1,507) was 1.2% higher than March 2019 (1,507). The moving 5-year average for number of residential sales in March is 1,465.
The Ottawa Real Estate Board recently released the statistics for the sales within the board in February 2020. Here is an overview:
The number of homes sold in February 2020 (1,141) was 13.9% higher than February 2019 (1,002). The moving 5-year average for number of sales in February is 1,006.
The number of homes sold in January 2020 (780) were slightly less than January 2019 (817) — about 4.5% less. That being said, we were still slightly over the moving 5-year average of 713. See video and additional commentary and statistics below.
In the video and blog below, Dan gives his perspective on current happenings in Ottawa Real Estate. There is still a historic low inventory of house listings. The few new listings are often sold over asking price with multiple offers.
Ottawa Real Estate Statistics for November 2019 – Members of the Ottawa Real Estate Board sold 1,288 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,161 in November 2018, an increase of 10.9 per cent. November’s sales included 958 in the residential-property class, up 10.5 per cent from a year ago, and 330 in the condominium-property category, an increase of 12.2 per cent from November 2018. The five-year average for November unit sales is 1,133.
The Ottawa Real Estate Board (OREB) just released their statistics and comments on the market for January 2019.
Despite the record snowfall and cold weather the number of sales were the highest for the month of January is several decades.
Highlights include:
Quick overview of what’s happened in Ottawa’s condo (re)sale market over the last several years and what may happen going forward in 2019.
The Ottawa Real Estate market was somewhat crazy at times in 2018. There were many sales that went considerably over asking. Will 2019 be the same? Have we reached the pinnacle of pricing? This video has my commentary for Ottawa Real Estate in 2018 and going forward in 2019:
Ottawa Real Estate Market Stats July 2016 – Members of the Ottawa Real Estate Board sold 1,530 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,490 in July 2016, an increase of 2.7 per cent. The five-year average for July sales is 1,446.