Every month we track and SHARE with you Ottawa's Real Estate Trends.
(Sign up to receive email updates)
It took an average of 44 days for properties of all types to sell in 2018 which is a decrease of 21.7% from 2018.
Below are some helpful charts to illustrate
Homes & Condos Sold in Ottawa Last Month
Average Price of Homes & Condos Sold in Ottawa Last Month
Inventory of Homes & Condos for Sale in Ottawa
Precentage of Homes & Condos Selling in Ottawa
Ottawa's Real Estate Marketplace | October 2020 Edition
Last month, September 2020, members of the Ottawa Real Estate Board sold 2,329 residential properties, compared to 1,547 in September 2019, an increase of 50.5% in the number of properties sold vs the previous year. Year to date Jan-Sept we have had a -4.9% decline in total sales compared to Jan-Sept 2019
It took an average of 23 days for properties of all types to sell in September 2020 which is 18 days shorter than the average in September 2019 and the same as the month before, August 2020.
Of these 2,329 sales, 1,759 were freehold houses, and 570 were condominiums which is our highest month of condo sales on record in the last 5 years.
The average sales price for a freehold house sold in September 2020, was $622,557 showing an increase of 27.9% over September 2019. While condominium average prices rose 20.5% from last year to $373,565.
2,909 new properties were listed for sale in September 2020 which is a 35.1% increase compared to September 2019, bringing the total number of residential properties for sale to 2,033 a decrease of 39.6% from September of last year.
Last Year: 2019 in Review
During 2019, there were 18,662 sales by the Ottawa Real Estate Board members.
Compared to 17,467 in 2018 home sales showed an increase of 6.6%.
It took an average of 44 days for properties of all types to sell in 2018 which is a decrease of 21.7% from 2018.
Of these 18,622 sales, 14,038 (+4.7%) were freehold houses, and 4,584 (+13.0%) were condominiums.
The average sales price for a freehold house sold in 2019, was $486,590 showing an increase of 8.9% over 2018, while condominium average prices rose 9.3% from last year to $304,203.
During the month of March 2015, members of the Ottawa Real Estate Board sold 1208 residential properties, compared to 1189 in March of last year, an increase of 2% in total number of properties sold.
It took an average of 83 days for a property to sell last month which is 16 days shorter than the average in February and about 10% shorter than last March.
Of these 1208 sales, 980 were freehold houses, and 228 were condominiums.
March's average home price for all properties sold was $361,572, up 0.7% from last year.
The average sales price for a freehold house sold last month, was $387,141, showing no change compared to last year.
Condominium average prices remained unchanged from last year as well at $251,666.
3,388 new properties were listed for sale in March, bringing the total number of properties for sale to 7,763 an increase of 9.4% over this time last year.
Below are some helpful charts to illustrate
the Real Estate trends in Ottawa
Homes & Condos Sold in Ottawa Last Month
Average Price of Homes & Condos Sold in Ottawa Last Month
Inventory of Homes & Condos for Sale in Ottawa
Precentage of Homes & Condos Selling in Ottawa
