Ottawa Real Estate Market Update May, 2023
Low inventory in certain property classes and a slower interest rate, Upward pressure on sales prices continues with average prices increasing. Multiple offer situations have returned to certain neighborhoods.
If you are interested to know about sold prices or any information about any properties please contact us.iDeal Properties Realty
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| April 2023 | April 2022 | # of Sale | # of Sale +/- | |
|---|---|---|---|---|
| Residential | $747,123(-10%) | $821,835 | 1156 | -17.9% |
| Condominium | $435,875(-8%) | $470,745 | 332 | -29.1% |
| Total Sale | 1,488 | -21% |
Low inventory in certain property classes and a slower interest rate, Upward pressure on sales prices continues with average prices increasing. Multiple offer situations have returned to certain neighborhoods.
If you are interested to know about sold prices or any information about any properties please contact us.
iDeal Properties Realty
1730 St. Laurent Blvd. Suite # 800
Ottawa, Ontario, K1G 5L1
613-366-1713
www.iDealPropertiesRealty.com
Email to: info@iDealPropertiesRealty.com
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