John Kennedy Realtor Blog
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Find Kanata - Ottawa - Orleans Real Estate News, Listings, Market prices Sold Charts, Average Sold prices, and more. John Kennedy Realtor provides free home evaluation, full service and more in Katana-Ottawa region.
John Kennedy Realtor Blog
2M ago
Feb 2024 is a great time to sell We have just seen a +14% increase since 2023 lowest price. Single family Homes in Ottawa prices Feb 15 2024. Detached 3 bedrooms home just went up +14.6% from 2023 prices. source: oreb stats
The post January 2024 – Real Estate home prices in Ottawa – Ottawa homes for sale – Kanata homes for sale 2024 appeared first on Kanata homes for sale - Ottawa homes for Sale - Kanata Real Estate - Ottawa Real Estate - Orleans Real Estate ..read more
John Kennedy Realtor Blog
3M ago
Ottawa Real Estate Prices for 2024: Prices are going up 1.6% on a year-over-year
The OREB MLS OF Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.
The overall benchmark price was $628,900 in November 2023, nearly unchanged, up only 1.4% from November 2022.
The benchmark price for single-family homes was $708,900, up 1.6% on a year-over-year.
By comparison, the benchmark price for a townhouse was $492,300, nearly unchanged, up 0.8% compared to a year earlier.
The benchmark apartment price was $424,300, up 1.2% from ye ..read more
John Kennedy Realtor Blog
4M ago
The average price of homes sold in
November 2023 was $633,138, decreasing
0.8% from November 2022.
OTTAWA, December 5, 2023 – 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 ..read more
John Kennedy Realtor Blog
7M ago
Buying a Brand new home Q and A. Questions you should ask before Buying a Brand new home in Ottawa: Sept 2023
Builder Agreements should include details such as:
PDI – Date
Assignment clause: a must
Evaluation of home value (Appraisal – you should pay for one)
Deposit Structure: Can you get a better deposit structure
Mortgage approval – a must
Pre-approval – a must
Insurance clause – a must
Location:
Flooding topography
Hwy access
Hydro box green
Road T
SITE PLAN disclosure – commercial or other future development, check with the city
Backing on to graveyards or other
WHAT FU ..read more
John Kennedy Realtor Blog
7M ago
September 20th, 2023
The average sale price for a freehold-class property in August 2023 was $709,739 Ottawa Resale Market Stalls in August, Supply Challenges Persist! Low inventory, not enough listings.
Source: OREB
The Ottawa Real Estate Board reported that its members sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System data service, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase from A ..read more
John Kennedy Realtor Blog
9M ago
1155 WOODROFFE AVE OTTAWA FOR SALE
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John Kennedy Realtor Blog
9M ago
The post Ottawa Real Estate Market update – July 2023 appeared first on Kanata homes for sale - Ottawa homes for Sale - Kanata Real Estate - Ottawa Real Estate - Orleans Real Estate ..read more
John Kennedy Realtor Blog
9M ago
July 27th, 2023
All homes available for sale in Kanata.
Searching for homes for sale in Kanata? Look no further than The KENNEDY Real Estate Team. With several years of experience in selling homes in Kanata. We have extensive knowledge about various models, builders, and neighbourhoods such as: Beaverbrook, Katimavik, Bridlewood, Kanata Lakes, Morgan’s Grant, Trail West, and Elmwood.
In Kanata Ontario, there are several types of dwellings available: Single detached homes, row units townhouses, semi-detached homes, stacked townhouses, and apartments.
We are Currently seeking, 113 listings ..read more
John Kennedy Realtor Blog
1y ago
MAY 3, 2023
Resale Market Springs Back in Favour of Sellers Average prices have increased by 13.9% in four months! Low inventory, not enough listings.
Source: OREB
May 2023, Ottawa Real estate Market update.
NUMBERS SOLD: The members Ottawa Real Estate Board (OREB) sold 1,488 residential properties in April through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,876 in April 2022, a decrease of 21%.
SALES NUMBERS DOWN: Sales included 1,156 in the freehold-property class, down 18% from a year ago, and 332 in the condominium-property category, a decrease of 29% from Apr ..read more
John Kennedy Realtor Blog
1y ago
Residential in Ottawa Real Estate shows -15% Down from last year Average price – However, it marks a 5% increase over January 2023. Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike!
OREB NEWS
March 3, 2023
Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property class, down 42% from a year ago, and 222 in the condominium-property category, a ..read more