14, Million Dollar+ Sales boost Ottawa Real Estate for July

We know the Ottawa Real Estate market:  
August 2013 Edition
 
During the month of July2013, members of the Ottawa Real Estate Board sold 1,339 residential properties,compared to 1,365 in July last year. A decrease of 2.7% in the total number sold.
Of these 1,339 sales, 1,066 were houses, and 273 were condominiums. 

July’s average for all properties was $359,551.  Up 6.6% from last year.*
The average sales price for a freehold home sold last month was $381,156
Condominium average prices increased 3.7% from last year to $275,189

1339 Homes were sold in Ottawa, July 2013The number of listed properties on the market is over 7400, 16.93% higher than last year, giving buyers more choice and causing some properties to take longer to sell.
*In July there were 14 Homes sold for over $1,000,000, an 80% jump over 2012 which has a definite effect on the average prices.
 
To read the full report with charts visit our website.
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One response to “14, Million Dollar+ Sales boost Ottawa Real Estate for July

  1. Pingback: We know the Ottawa Real Estate market: September 2013 Edition | Home Team Blog·

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