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Ottawa September 2017 Market Update

Friday, October 6, 2017   /   by Lorie Ann

Ottawa September 2017 Market Update

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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 to you and your families!
The Lorie Ann Warren Team
Lorie Ann Warren
Ottawa, ON K1S 4E6

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The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole,or in part, is specifically forbidden. August 4, 2021
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