RSS

Market Summary - June 2024

The Ottawa market continues to slowly chug along, but inventory has now ticked up to an 8 year high to 2.5 months.  Buyers have more choice than ever, but properties that are priced and marketed well still sell quickly.  Buyers should also be cognizant of quick market shifts and to react accordingly.

Read

May Monthly Report is out!

Home sales have been a bit sluggish recently as the early Spring market meant for a robust April, but a slower May than average.  Prices have increased, but days on market and the absorption of properties (list to sale ratio) is declining with the increase of inventory.

Read

When your out of town buyers fall in love with a place, you do whatever you can to get it at the best price! 4 beds plus an in-law suite and located in one of the top neighborhoods in Ottawa! What a great place to call home!

Welcome to Ottawa. ☺️

Read

Ottawa Market Stats are out!  Month over Month sees a continued increase in activity with prices edging up higher, and the number of days on market decreasing along with fewer months of inventory.  Single family homes are taking a bit longer to sell (townhomes sitting at just 1.5 months of inventory), as buyers have more options for purchasing with the number of active listings being the highest in 5+ years.  


Read

Congrats to my sellers, and the buyers on this lovely home in a charming neighborhood. 

Read

A big congrats to my seller!  It makes me happy that she's very happy her condo has sold.  Smile


Read

Market Stats are out!  Spring market, coming into affect with the rise in new and active listings - active listings are the highest they've been in 5 years!  Buyers are starting to come out, with days on market dropping down to 16 median days, but perhaps not as active as they've been in the past few years as they grabble with the high interest rate environment.  Many sellers are also on the sidelines with months of everything still low at 2.2.
Read
Categories:   Ottawa Real Estate
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.