House Prices in Ottawa are up. [March 2013 Chart]

House Prices in Ottawa are up
by Dave Williams

Here is some good news about Ottawa real estate, the prices in March 2013 were up 2.7% year over year.

Residential home sales and prices in Ottawa, March 2013

Residential home sales and prices in Ottawa, March 2013

Even amid the lowest sales number in over 4 years, the best houses are still selling, and for top dollar consistently.

This housing market, though still considered “balanced” is shifting towards the buyers.  They now have their choice of homes in a market of rising inventory, making it even more important to prepare you house for sale.

What we are seeing is the best staged, best prices homes selling fast and for top dollar while others that look like a good deal languish on the market for months and months until the right buyer comes along.

So if you are thinking of selling this spring take the extra time and care to make sure you hit the market right.

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