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Ottawa Real Estate Market Update May 2023
June 6, 2023
Market Summary May 2023: Prices were flat on a month to month basis. There was an increase in the number of properties sold both on a yearly basis and on a month to month basis. Detached home prices lost 6.6% from a year ago. They were down about $3,000 on ...
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Ottawa Real Estate Market Update April 2023
May 5, 2023
Market Summary April 2023: April 2023 was a great month for real estate prices and activity in Ottawa. Detached home prices lost 9.3% from a year ago. They were up about $50,000 on a month-to-month basis. Townhome prices lost 11.9% compared to a year ago and gained about $10,000 on ...
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Ottawa Real Estate Market Update for March 2023
April 5, 2023
Market Summary March 2023: As expected for this time of year sales activity picked up in March. Months of inventory is around 2, which is historically very low. Detached home prices lost 18.2% from a year ago. They were down about $13,000 on a month-to-month basis. Townhome prices lost 16.1% ...
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Ottawa Real Estate Market Update for February 2023
March 15, 2023
Market Summary February 2023: As expected, home prices were negative on a year to year basis. On a month to month basis, prices seem to be stabilizing. Detached homes posted a $54K gain while townhomes were down about $16K. Detached home prices lost 15.6% from a year ago. They were ...
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Ottawa Real Estate Market Data for January 2023
February 4, 2023
Market Summary January 2023: After 10 months of weaker prices, the Ottawa real estate market had a relatively strong start to 2023. I would need to see a few more months of stable prices and increasing transaction volume to confirm that prices have stabilized. Detached home prices lost 12.6% from ...
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Ottawa Real Estate Market Update for December 2022
January 30, 2023
Market Summary December 2022: Detached home prices lost 6.1% from a year ago. They were down about $26,000 on a month to month basis. Townhomes lost 8.2% compared to a year ago and lost about $1,000 on a month to month basis. Condos gained 9% compared to a year ago ...
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Ottawa Real Market Update for November 2022
December 13, 2022
Market Summary November 2022: The Ottawa Real Estate market was stable on a month to month basis and posted price decreases on a year to year basis. Detached home prices lost 7.0% from a year ago. They were flat on a month to month basis. Townhomes lost 4.0% compared to ...
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How to Locate Off-Market Properties
December 2, 2022
What are off-market properties? 1. Properties that are currently available for sale but not publicly advertised on the MLS system. 2. Properties that will be listed on the MLS system in the near future. Most homes take 1-2 months of prep work in order to be ready to list on ...
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