From the blog...
OTTAWA MARKET UPDATE FOR MARCH 2018
The market statistics for March are in. No surprise that we are well ahead of last years numbers. Our average price for a residential-class property was up 8% over last March, sitting at $447,561. In the residential-class property segment, there were 1,302 units sold which is an increase of 11.8% over last March. In the condo market, 358 units sold which is an increase of 14.4% from last March and a price increase of 0.7% with the average sale price at $275,592 for condos in Ottawa last month.
The market continues to favour sellers in most neighbourhoods at the moment. However, I am starting to see more listings coming to market over the last few weeks. Hopefully, this will help balance the market a bit more with the busy Spring market on the horizon.
Tags: Average Ottawa Home Prices, Buying in Ottawa, Ottawa Home Prices, Ottawa Housing Market, Ottawa Market Stats, Ottawa MLS Sales, Ottawa Real Estate, Ottawa Realtor, Selling in Ottawa