From the blog...
OTTAWA MARKET UPDATE FOR MARCH 2018
![eNewsletter Blog Header](https://chrisscott.ca/wp-content/uploads/2018/04/eNewsletter-Blog-Header.jpg)
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.
![Ottawa Monthly Chart for Newsletter](https://chrisscott.ca/wp-content/uploads/2018/04/Ottawa-Monthly-Chart-for-Newsletter-1.jpg)
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