Ottawa Real Estate Market Stats June 2023

The June 2023 Ottawa Real Estate Stats are out! Market Snapshot: We saw an increase in the number of sold properties over those of June 2022 even though the number of listings were down from the previous year. A strong indication that those who are out shopping are serious about making a purchase. With summer in full swing (holidays, festivals, high temps and humidity) a decline in activity is common for this time of year.

Ottawa Real Estate Market Stats May 2023

The May 2023 Ottawa Real Estate Stats are out! Market Snapshot: Temperatures were on the rise last week and we saw the resale housing market mimic the rise in May as the number of properties sold were up 6% over those of May 2022. With inventory at a low and sale prices up from this time last year the seller’s market continues to stay strong.

Ottawa Real Estate Market Stats April 2023

The April 2023 Ottawa Real Estate Stats are out! Market Snapshot: It MAY not feel like spring with the current cool temperatures but the real estate stats for April are a sure sign that spring is in the air! Three signs we’re in a seller’s market: inventory is down to less than two months stock, the average sale price has increased over the past four months and we are seeing multiple offers again in some areas.

Ottawa Real Estate Market Stats March 2023

The March 2023 Ottawa Real Estate Stats are out! Market Snapshot: The number of property sales may be down 40% from those in March of 2022 however, they’ve increased by 40% over last month (February 2023) showing signs that the spring market is sprouting in Ottawa. If you’re preparing to list your property for sale pricing it right is crucial in this market.

Ottawa Real Estate Market Stats February 2023

The February 2023 Ottawa Real Estate Stats are out! Market Snapshot: The average days on market for a listing has decreased as the market continues to stabilize. A decrease in average sale price from February of 2022 which was the peak of the pandemic market however we did see a month over month increase of 5% over January of 2023.