Ottawa’s Resale Market: The Latest numbers

September 12, 2023

Here are key results in the Ottawa area for the month of August, 2023, from the Ottawa Real Estate Board: Number of properties sold in August: 1,196. That's up 6% from August of 2022, but it's below the five-year average for August sales in Ottawa, which is 1,525.  Average sale price, condominium-class...

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Ottawa Resale Market: July 2023

August 7, 2023

Ottawa’s resale home and condo market continued to favour sellers in July, with average sale prices and total transactions up from the same month last year, the Ottawa Real Estate Board has reported. And while homes and condos took a few days longer to sell than they did in July of...

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Ottawa Market Update

July 6, 2023

Ottawa’s resale housing market in June saw total sales up over last year and an encouraging increase in the number of properties for sale, the Ottawa Real Estate Board reports. But total inventory remains low. That means the market is continuing to favour sellers. On average, properties in June sold in...

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My Love of Show Jumping to My Love of Real Estate

June 7, 2023

From Show Jumping to Real Estate: How My Passions Intersect and Benefit My Clients... When I'm not immersed in the bustling Ottawa real estate market, helping clients find their dream homes or selling their properties, you'll find me pursuing another passion - equestrian show jumping. At first glance, these two worlds...

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Ottawa~“Strong Seller’s Market” in May

June 6, 2023

Ottawa’s resale housing market continued to favour sellers in May, with declining inventory leading to faster sales and multiple offers for properties in the most popular neighbourhoods, the Ottawa Real Estate Board reports. In May, condo units in Ottawa sold in an average of 26 days, down from 33 in April....

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Retired & Planning to Downsize? I can Help

May 31, 2023

As a Realtor who has helped buyers and sellers in Ottawa for more than 30 years, I always enjoy hearing from clients as their housing needs change, in some cases many years after I first assisted them. In recent years I have been hearing from clients who have reached retirement...

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May 29, 2023

What does “months of inventory” mean for buyers and sellers? If you are planning to buy or sell a house or condo in Ottawa, there’s a key number worth noting, because it has a big impact on your experience. When the Ottawa Real Estate Board releases sales results and average prices each...

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Buying a resale house or Condo? What to Know about Ottawa’s Spring Market

May 8, 2023

Planning to purchase a house or condo unit in Ottawa in coming months? Congratulations!  Here are a few things to know about what to expect, based on the sales numbers for April from the Ottawa Real Estate Board: Prices are Lower than a Year Ago, but Starting to Rise After the Bank...

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May 5, 2023

Ottawa Resale Market Favoring Sellers Again After a few months of balanced conditions, Ottawa’s resale real estate market is favoring sellers again because of lower than usual inventory on the market. There is other good news for sellers in the Ottawa Real Estate Board’s report on sales in Ottawa for April. Multiple-offer situations...

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April 6, 2023

Ottawa’s resale residential real estate market in March continued to see the impact of higher interest rates, with fewer total sales than a year ago and lower average sale prices, the Ottawa Real Estate Board has reported. But on a positive note we begin the busy spring market, with average sale...

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