The Ottawa real estate market experienced record price growth from January 2020 to March 2022.
During the first quarter of 2021 and 2022 buyers were paying about 110% over asking prices.
The market has changed and most deals are closing around 95% of the original asking price which is in line with historic trends.
If you are looking to buy or sell in the Ottawa area, I am always happy to answer any questions you may have.
Kiril Peev
Tel: 613-263-7883
Email: kiril@sutton.com / www.kirilpeev.ca
Sales Representative / Sutton Group – Ottawa Realty / Brokerage, Independently Owned and Operated
Hintonburg – Orleans – Kanata
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Referrals are always welcome and greatly appreciated. Thank you!
Ottawa Real Estate Sold Prices:
For those interested in recent sold prices, Ottawa real estate sold prices are available via my site https://ottawarealestatesoldprices.ca. Please note, you will need to register and sign-in in order to access sold data.
