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January 2018 Market Update

The Ottawa Real Estate board’s recently released statistics show that home buyers are still actively searching for properties and home inventory remains low coming in to 2018.   Sales were up over 7% (year over year) in spite of the low inventory, which is a trend that is continuing from 2017.  January 2018 listings 994 (RES) and [...]

January 2018 Market Update2018-02-16T13:26:32-05:00

Residential vs. Condo Stats for January 2018

January saw Ottawa's real estate market split very distinctly between condos and residential resales. While there was a rise in condominium sales, residential sales slipped from last year. However, prices were distinctly different between the two sectors as well. The average price of residential resale home jumped 8.8% since last January to $427,500 and condo [...]

Residential vs. Condo Stats for January 20182018-02-06T13:16:31-05:00

Why You Should Sell This Winter

Homeowners tend to think that winter is a really tough time to sell their homes and it some instances we understand why. It's cold out, people don't want to go out looking, most people don't want to move in the winter etc. etc. However...we've got FOUR BIG REASONS you should sell this winter! Buyer Demand [...]

Why You Should Sell This Winter2018-01-10T15:08:54-05:00

Ottawa House Prices Climb 7.2% in 2017

Overall throughout the city, house prices rose 7.2% last year with the majority of the momentum being found in the west end and the best bargains being found in the east end. This is not surprising with the upward momentum in the west end being attributed to the new DND campus and the Kanata Hi-Tech [...]

Ottawa House Prices Climb 7.2% in 20172018-01-05T12:49:32-05:00

Average Sale Price in Ottawa Continues to Rise

Sale prices of homes, both condominium and residential, have been on a gradual incline for the past decade but this year in 2017 we saw a huge jump from $370,833 in 2016 to an average sale price of $393,797 in 2017 as we near the end of the year. That's an increase of 6.10%. More [...]

Average Sale Price in Ottawa Continues to Rise2017-12-15T10:26:02-05:00