ottawamove's posterous

 
 

March Real Estate Recap

Posted on: April 10, 2012

Continuing the year-to-year increase trend, March 2012 saw 1,396 residential properties sold (1,119 homes and 277 condos) - a 12.6% increase from March 2011. There was a slight decrease of 0.2% in the average sales price, however.

Click here to download:
OREB_Stats_Charts_-_March_2012.pdf (55 KB)
(download)

Comments [0]

 

February Real Estate Recap

Posted on: March 8, 2012

With a 7.3% increase from February 2011, there were 1009 residential properties sold in Ottawa in February 2012. There were 765 homes and 244 condos sold, and the average sales price was up 3.4% for the same month in 2012 versus 2011.

Click here to download:
OREB_Stats_Feb_12.pdf (29 KB)
(download)

Comments [0]

 

January Real Estate Recap

Posted on: February 8, 2012

January 2012 real estate kicked off with a one percent increase over the same time in 2011 with 684 residential properties sold in Ottawa. Of those, 546 were homes and 138 were condos. Average sales prices increased by 5.6% for January 2012 compared to January 2011.

Click here to download:
OREB_Stats_Jan_12.pdf (30 KB)
(download)

Comments [0]

 

December Real Estate Update

Posted on: January 10, 2012

There were 699 residential properties sold by members of the Ottawa Real Estate board last month. This was a 13.1% increase from December 2010. Of the properties sold, 522 were homes and 177 were condos.

Click here to download:
OREBStats_Dec_11.ppt (1.89 MB)
(download)

Comments [0]

 

Ottawa Real Estate Recap for May 2011

Posted on: June 9, 2011

Unit sales were down slightly by -1.6% compared to May 2010.  (Last year's market peaked in April because of the impact of the introduction of HST in June)  The average sale price was +5.6% over May 2010 to $352,347.  New listings remained low which led to a more modest increase in the listing inventory.  The sale to inventory ratio increased slightly to 28% indicating that we are just into seller market territory.  The average days on market was 31 days and the absorption rate is at 5.4 months..

Click here to download:
OREBStats_5_11.pps (712 KB)
(download)

Comments [0]

 

April Real Estate Update

Posted on: May 6, 2011

Unit sales of 1,536 was a decrease of 16.5% in April 2011 compared to April 2010 while the average sale price increased by 5% to $351,226. The number of new listings at 2,810 was 6.5% less than last April. As a result listing inventory grew by only 10% over March 2011.  Because sellers held off putting their properties on the market in April, the sales to inventory ratio increased to 27% pushing the market just into a Seller's Market.  The average selling time was 30 days.

Click here to download:
OREBStats_4_11.ppt (800 KB)
(download)

Comments [0]

 

December Real Estate Recap

Posted on: January 8, 2011

Unit sales in December were 10% lower than in December 2009 yet sales for the year were down by only 3% from the record year in 2009.  The average sale price continued to increase to $324,556 a year over year increase of 8%.  The average selling time was 39 days.  The number of new listings and the listing inventory both increased.  With more listings on the market the inventory to sales ratio dropped to 18%.  This is still in balanced market territory but is getting closer to a buyer's market. We have now been in a balanced market for six months.  

Click here to download:
OREBStats_12_10.ppt (706 KB)
(download)

Whether you're thinking about buying or selling Ottawa real estate, I can help you determine how the current market conditions will affect your real estate plans. Give me a call at 613.238.2801 or email me at chris@ottawamove.com.

Filed under  //   Ottawa Real Estate   Ottawa housing trends  

Comments [0]

 

Manor Park - Weekly Real Estate Update

Posted on: January 8, 2011

Here's this week's latest house activity in Manor Park:

This Week's Active Houses

New Listing $599,000 3102 1031 BLASDELL AV
5 Bedrooms, Status: Active. Residential

This week's condo activity in Manor Park:

This Week's Active Condos

New Listing $312,000 3103 545 ST LAURENT BL
1 Bedrooms, Status: Active. Condominium
New Listing, Images Added! $367,000 3103 545 ST LAURENT BL 1003
2 Bedrooms, Status: Active. Condominium
New Listing $380,000 3103 545 ST LAURENT BL 1807
2 Bedrooms, Status: Active. Condominium
New Listing, Images Added! $324,900 3103 525 ST LAURENT BL 21
3 Bedrooms, Status: Active. Condominium

Want to see Manor Park properties? Let Chris know! You can also explore neighbourhood videos, condo buildings and weekday real estate stats for the Manor Park on OttawaMove.com.

Comments [0]

 

Centretown - Weekly Real Estate Recap

Posted on: January 4, 2011

This week's condo activity in Centretown:

This Week's Active Condos

Status Change $374,900 4102 324 LAURIER AV 1602
1 Bedrooms, Status: Conditional Sale. Condominium
Status Change $399,900 4101 95 BRONSON AV 305
2 Bedrooms, Status: Conditional Sale. Condominium
New Listing $214,900 4101 475 LAURIER W. AV 403
1 Bedrooms, Status: Active. Condominium
New Listing $214,900 4101 475 LAURIER W. AV 405
1 Bedrooms, Status: Active. Condominium

Want to see property in Centretown? Let Chris know! You can also explore neighbourhood videos, condo buildings and weekday real estate stats for Centretown on OttawaMove.com.

Filed under  //   Centretown   Ottawa Real Estate   Ottawa condos for sale  

Comments [0]

 

Weekly Real Estate Recap for Little Italy

Posted on: December 22, 2010

This week's housing activity in Little Italy:

This Week's Active Houses

Status Change $299,900 4502 293 POWELL AV
3 Bedrooms, Status: Conditional Sale. Residential
New Listing $399,999 4503 23 CHAMPAGNE AVENUE SO
3 Bedrooms, Status: Active. Residential
New Listing, Images Added! $425,000 4502 76 NORMAN ST
3 Bedrooms, Status: Active. Residential

Want to see Little Italy properties? Let Chris know! You can also explore neighbourhood videos, condo buildings and weekday real estate stats for the Little Italy on OttawaMove.com.

Filed under  //   Little Italy   Ottawa homes for sale  

Comments [0]

Contact Information

Photo of Chris Coveny Real Estate
Chris Coveny
Real Estate Broker chris@ottawamove.com
165 Pretoria Avenue
Ottawa ON K1S 1X1
613.238.2801
Fax: 1.888.226.6280
Send An Email
Tags



Chris Coveny, Real Estate Broker
Royal LePage Performance Realty
Brokerage, Independently Owned and Operated
613.238.2801 - chris@ottawamove.com