We know the Ottawa Real Estate market: March 2014 Edition
During the month of February 2014, members of the Ottawa Real Estate Board sold 870 residential properties,compared to 903 in February last year. A decrease of 3.7% in the total number sold. It took an average of 61 days on the market for a home to sell last month.
Of these 870 sales, 673 were houses, and 197 were condominiums.
February average price for all properties sold was $353,407. Up 2.0% from last year.
The average sales price for a freehold home sold last month was $381,407. Up 2.1% over February 2013
Condominium average prices dropped 2.3% compared to last year, to $257,752.
2,249 New properties were listed for sale in February, bringing the total number of properties for sale up to 6,041.
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