///Ottawa Real Estate Stats for April 2017

Ottawa Real Estate Stats for April 2017

The Ottawa Real Estate Market continues to blossom as the season continues. We have the latest stats for you here:

  • 1,795 residential properties sold through the MLS system which is 4.9% up from April 2016, which is the second highest on record. 312 of these sales were condos and 1,483 of these were in the residential class.
  • $435,883 was the average sale price for a residential property which up 7.9% over April 2016 and for a condo the average sale price was $268,553 up 2.9% from last April 2016.
  • Lower inventory combined with increased demand is indicating a trend towards a seller’s market at this point.
  • Homes sold in the $300,000 to $499,000 range make up 55.1% of sales.
  • High end market continues to see growth in the $1 million+ range.

Please view the graphs below for more stats and as always, contact us if you have any questions about the market or buying and selling.

2017-05-05T11:02:26+00:00

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