Ottawa’s Real Estate Marketplace ~ July 2015 Edition

Ottawa Real Estate Infograph for July 2015

During the month of June 2015, members of the Ottawa Real Estate Board sold 1,694 residential properties, compared to 1,657 in June of last year, an increase of 2.2% in total number of properties sold.

It took an average of 74 days for a property to sell last month which is 2 days longer than the average in May and 7 days longer than June of last year.

Of these 1,694 sales, 1,420 were freehold houses, and 274 were condominiums.

June’s average home price for all properties sold was $382,766, up 5.2% from last year.
The average sales price for a freehold house sold last month, was $404,254, showing an increase of 4.1% over last year.
Condominium average prices increased 5.1% from last year to $271,415.

3,377 new properties were listed for sale in June, bringing the total number of properties for sale to 9,414 an increase of 10.1% over this time last year.

To read the full report with charts visit our website.

 

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