Ottawa’s Real Estate Marketplace ~ July 2016 Edition

Ottawa Real Estate Infograph - June 2016

   During the month of June 2016, members of the Ottawa Real Estate Board sold 1,985 residential properties,  compared to 1,694 in June of last year,  an increase of 17.4% in properties sold.

It took an average of 76 days for a property to sell last month which is 4 days shorter than the average in May and  2 days longer than in June 2015.  

Of these 1,985 sales in June, 1,654 were freehold houses, and 331 were condominiums.
The average sales price for a freehold house sold last month, was $399,382 showing a decrease of 1.3% over last year.  While condominium average prices decreased 2.4% from last year to $264,913.  
3,220 new properties were listed for sale in June, bringing the total number of properties for sale to 8,352 a decrease of 11.2% from this time last year.
To read the full report with charts visit our website.
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