Kris Sherry's Blog

Ottawa Market Update, March 2014

Posted on: April 5th, 2014 by Kris Sherry
The spring home buying and selling season is coming into bloom.

Members of the Board sold 1,189 residential properties in March through the MLS® System, an increase of 2.5% over March of 2013.  Things are heating up.

The average sale price of residential properties, including condominiums, sold in March in the Ottawa area was $358,741, an increase of 0.3 per cent over March 2013. The average sale price for a condominium-class property was $251,580, a decrease of 2 per cent over March 2013. The average sale price of a residential-class property was $386,553, an increase of 0.2 per cent over March 2013. Every area is, however, slightly different so please give me a call if you are interested in knowing the value of your property. 

This is a great time to buy.  I hope you will call me if you are thinking of buying or selling.  By the way, referrals play a huge role in the success of my business so please think of me and do mention my name if you hear of any family, friends, neighbours or colleagues who are considering a move. I’d be delighted to have the opportunity to provide them with my real estate services.
Kris

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