Ottawa’s Real Estate Marketplace ~ April 2015 Edition

Ottawa Real Estate InfographDuring the month of March 2015, members of the Ottawa Real Estate Board sold 1208 residential properties, compared to 1189 in March of last year, an increase of 2% in total number of properties sold.

It took an average of 83 days for a property to sell last month which is 16 days shorter than the average in February and about 10% shorter than last March.

Of these 1208 sales, 980 were freehold houses, and 228 were condominiums.

March’s average home price for all properties sold was $361,572, up 0.7% from last year.
The average sales price for a freehold house sold last month, was $387,141, showing no change compared to last year.
Condominium average prices remained unchanged from last year as well at $251,666.

3,388 new properties were listed for sale in March, bringing the total number of properties for sale to 7,763 an increase of 9.4% over this time last year.

Read more Ottawa Real Estate Stats & see the break down by property class in easy to read charts.

Advertisements

What's your take?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s