We know the Ottawa Real Estate market: September 2013 Edition

We know the Ottawa Real Estate market:  
September 2013 Edition
 
During the month of August 2013, members of the Ottawa Real Estate Board sold 1,219 residential properties,compared to 1,145 in August last year. An increase of 6.5% in the total number sold.
Of these 1,219 sales, 947 were houses, and 272 were condominiums. 

Augusts average price for all properties sold was $348,519.  Up 0.4% from last year.
The average sales price for a freehold home sold last month was $374,663 +1.8% over Aug 2012
Condominium average prices decreased by 5.4% from last year to $257,494

2354 New properties were listed for sale in August, bringing the total number of properties for sale to over 7100.  The inventory in Ottawa remains high giving buyers more choice and causing some properties to take longer to sell.
 
To read the full report with charts visit our website.
Do you have  Real Estate Questions? We would love to answer them.
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One response to “We know the Ottawa Real Estate market: September 2013 Edition

  1. Pingback: Where are all the Condo Sales in Ottawa? | Home Team Blog·

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