Kris Sherry's Blog

Archive for the ‘Ottawa Market Update’ Category

February’s Resale Market Back in Overdrive

Posted on: March 7th, 2020 by Kris Sherry

OTTAWA, March 4, 2020 – Members of the Ottawa Real Estate Board sold 1,141 residential properties in February through the Board’s Multiple Listing Service® System, compared with 1,002 in February 2019, an increase of 13.9 per cent. February’s sales included 835 in the residential-property class, up 10.9 per cent from a year ago, and 306 […]

OTTAWA RESALE HOME PRICES UP 8.9 % IN 2019

Posted on: January 14th, 2020 by Kris Sherry

Ottawa’s resale housing market enjoyed a record-breaking year in 2019 in both average sale prices and the number of properties sold. In a press release looking back at our market in 2019, the Ottawa Real Estate Board reports the average resale price of a residential home in Ottawa was $486,590, up 8.9 % over the […]

Ottawa Market Update, NOVEMBER 2019

Posted on: December 4th, 2019 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,288 residential properties in November through the Board’s Multiple Listing Service® System, compared with 1,161 in November 2018, an increase of 10.9%. November’s sales included 958 in the residential-property class, up 10.5% from a year ago, and 330 in the condominium-property category, an increase of 12.2% from […]

Ottawa Market Update, October 2019

Posted on: November 6th, 2019 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,607 residential properties in October through the Board’s Multiple Listing Service® System, compared with 1,375 in October 2018, an increase of 16.9%. October’s 1,211 residential sales were up 15% from a year ago, and 396 condo sales represented an increase of 23% from October 2018. The five-year […]

Ottawa Market Update, September 2019

Posted on: October 7th, 2019 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,549 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,386 in September 2018, an increase of 11.8 per cent. September’s sales included 1,113 in the residential-property class, up 6.9 per cent from a year ago, and 436 in the condominium-property category, an […]

Ottawa Market Update, August 2019

Posted on: September 10th, 2019 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,731 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,581 in August 2018, an increase of 9.5%.  The five-year average for August unit sales is 1,522. Although the numbers are up, Ottawa continues to undergo issues with inventory as the limited supply […]

Ottawa Market Update, July 2019

Posted on: August 7th, 2019 by Kris Sherry

July is often a slow month in real estate – but not this year!  We recorded the highest  number of July sales in 15 years.  We saw an upsurge in new listings in July which has slightly improved housing inventory – though not enough to meet demand. Members of the Ottawa Real Estate Board sold […]

Ottawa Market Update, June 2019

Posted on: July 8th, 2019 by Kris Sherry

Members of the Ottawa Real Estate Board sold 2,105 residential properties in June through the Board’s Multiple Listing Service® System, compared with 2,064 in June 2018, an increase of 2%.   June’s sales included 1,612 in the residential-property class, on par with a year ago, and 493 in the condominium property class, a rise of 8.8% […]

Ottawa Market Update, May 2019

Posted on: June 6th, 2019 by Kris Sherry

Despite the continuing low inventory, we have higher sales volume than this time last year.  Members of the Ottawa Real Estate Board sold 2,423 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,271 in May 2018, an increase of 6.7%. Residential sales (1,869) increased 4.6% from this time last year […]

Ottawa Market Update, April 2019

Posted on: May 4th, 2019 by Kris Sherry

Members of the Ottawa Real Estate Board sold 2,032 residential properties in April through the Board’s Multiple Listing Service® System, compared with 2,024 in April 2018, an increase of 0.4%. April’s sales included 1,594 in the residential property class, on par from a year ago, and 438 in the condominium property class, an increase of […]

From Kris' Blog

Ottawa MLS® Market Shows Early Signs of a Buzzing Spring Market

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 1,165 units in March 2024. This was an increase of 10% from March 2023. Home sales were 21.5% below the five-year average and 15% below the 10-year average for the month of March. On a year-to-date basis, home sales ...

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