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  • Market Updates Blog

    Friday, October 6, 2017   /   by Lorie Ann Warren

    Ottawa September 2017 Market Update

    September continued a very positive trend for Ottawa in 2017!  We are expecting a steady and stellar fall real estate market as well!
    Some interesting facts for you!  50% of the condo market is in the $150-$250.0 price range this year, driving condo sales.  Condo inventory for September is -20% than last year at the same time.  And the prices are up!  It may be a very good time to put your condo on the market!  call us on that to find out if it would be a positive time for you as well.
    Average residential home price is over $400K now!  $417.0 to be precise.  And the most active part of that market is in the $300-$400.0 price range.  With 10% less inventory in residential overall - some neighborhoods are in a sellers market!  Is your area one of them?  If you are, you could capitalize on top dollar right now.  Its not everywhere - so call us to discuss your area.  We have the stats and can help you.
    Happy Thanksgiving ...

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