Ottawa's Real Estate Marketplace | May 2020 Edition
Review of April 2020 in Ottawa Real Estate
It took an average of 26 days for properties of all types to sell in April 2020 which is 20 days shorter than the average in Apr 2019 and 7 days shorter than the month before, Mar 2020.
1,201 new properties were listed for sale in April 2020 which is a 56.5% decrease compared to Apr 2019, bringing the total number of residential properties for sale to 1,920 a decrease of 48% from Apr of last year.
The two notable stats for Bill Meyer were; while sales were cut in half so too were the number of new properties for sale, maintaining the balance of the market and the average price index of the market.
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.
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