Saturday 11 May 2013

Ottawa Real Estate Stats for Spring

It is spring again and time for an update on the housing market.

OTTAWA, May 3, 2013- Members of the Ottawa Real Estate Board sold 1,573 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,568 in April 2012, an increase of 0.3 per cent.

The average sale price of residential properties, including condominiums, sold in April in the Ottawa area was $371,565, an increase of 2.1 per cent over April 2012. The average sale price for a condominium-class property was $266,596, a decrease of 2.3 per cent over April 2012. The average sale price of a residential-class property was $396,507, an increase of 2.9 per cent over April 2012. Click here to read the entire article.

And for those who like graphs, here is a comparison of the current year to the previous 3 years: