The post Detailed Ottawa Real Estate Stats February 2024 appeared first on Ottawa Real Estate - Ottawa Urban Realty ..read more

  The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023. The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023. Home sales were 13.8% below the five-year average and 5.7% below the 10-year average for the month of February. “Even with higher prices and the interest rate holding steady, Ottawa is a strong, active market,” says OREB President Curtis Fillier. “With metri ..read more

1 Sales / new listings * 100; compared to levels from previous periods. 2 Active listings at month end / monthly sales; compared to levels from previous periods. 3 Sale price / list price * 100; average for all homes sold in the current month. 4 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year. 5 Sum of sales from January to current month / sum of new listings from January to current month. 6 The year-to-date months of inventory figure is calculated as average active listings from January to current mo ..read more

Ottawa’s MLS® Market Thawed in January but Sales Still Slow The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year average for the month of January. “Ottawa’s market activity is seeing positive gains over last year but it’s still a relatively quiet market even by pre-pandemic standards,” says OREB President Curtis Fillier. “While REALTORS® are telling us there’s lots of showing activity — probably than ..read more

Ottawa MLS® December Home Sales Close Out Year in Steady State The number of homes sold through the MLS® System of the Ottawa Real Estate Board totalled 565 units in December 2023. This was an increase of 7.6% from December 2022. Home sales were 16% below the five-year average and 11.9% below the 10-year average for the month of December. On a year-to-date basis, home sales totalled 11,978 units in all of 2023 — a decline of 11.0% from 2022. “Ottawa’s resale market closed out the year in a steady, balanced state,” says OREB President Curtis Fillier. “This could be an early indication that con ..read more

“When buying our first home we relied entirely on Dan’s vast experience in Ottawa real estate to make a sound investment. He has a wealth of information and knowledge to share and smoothly guided us through the process of buying our home, even continuing to follow-up and support after we moved in. He will take the time needed to understand your needs and help you find the property best suited to you and your budget. We highly recommend Dan to anyone looking for a patient and professional realtor.” Billie & Cam The post Testimonial — take the time needed appeared first on Ottawa Real Estat ..read more

The post Ottawa Housing Market Update for November 2023 appeared first on Ottawa Real Estate - Ottawa Urban Realty ..read more

The post Ottawa Real Estate Housing Market Update by Property Type November 2023 appeared first on Ottawa Real Estate - Ottawa Urban Realty ..read more

Ottawa MLS® October Home Sales Stable in November Amid Growing Supply The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year average for the month of November. On a year-to-date basis, home sales totaled 11,421 units after 11 months of the year. This was a large decline of 11.7% from the same period in 2022. “Sales are performing as expected with the arrival of colder months, and an uptick in new and ..read more

The post Ottawa Real Estate Housing Market Update by Property Type October 2023 appeared first on Ottawa Real Estate - Ottawa Urban Realty ..read more