Saturday, October 8, 2016

The Ottawa MARKET is RED HOT. -. Since JUNE 2016.

Ytd 2016 Ottawa real estate market has sold 12,623 homes, compared to 2015, which was 11,805.  This is an increase of 6.9%

2016 Condos sold. 2,288. As compared to 2,131 up 7.4%

2016 Residential sold 10,335 sold as compared to 2015. 9,674. Up 6.8%
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Overall sales including land, multifamilies. Etc. 13,091. As compared to 12,208 up overall 7.2%. 

Sales overall are up 7% compared to 2015

Inventory is down about 17%. Less homes to sell 

15% of all residential homes selling are $500.000 to $749900.     That's an increase of 11%, there have been. 1,551 sales 

Uber luxury is up . $750,000 to $999,000 is up 17%, over 337 sales

$ 1,000,000 is up 14%. ‎ 122 sales

47% of all Ottawa homes sold are between $300,000 to $449,900 

Highest demand price point is $300,000 to $349,900 

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