///Ottawa Real Estate Stats for May 2017

Ottawa Real Estate Stats for May 2017

The market is still going strong and was busy throughout May. Here are your monthly stats for your Ottawa Real Estate Market. We look forward to a busy June!

In the residential market 2300 units sold this May, up 15.1% from May 2016 with the average sale price being $436,625 up 7.4% from the sale price of last May.

In the condominium market 444 units sold this May, up a whopping 44.6% from May 2016 and the average sale price was $270,993 up 2.3% from last May.

The most active sale price point is in the range of $300,000 to $499,000 and homes selling over $1 million almost doubled those made in May of last year!

Signs point to this year’s market being a Seller’s Market. In general sales were up 19.9% over May 2016.

As always, if you have any questions at all please do not hesitate to contact either Carole or Barbara at 613-271-8120 or 613-592-6400 or Carole@EvansTeamOttawa.com


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