The June 2016 Ottawa real estate statistics increased by 17.4 percent from June 2015, with a total of 1,985 residential properties sold. Of those 1,921 sales, 1,614 of them were residential, and 307 of them were condominiums.
According to the president of the Ottawa Real Estate Board (OREB) Shane Silva, "With the number of sales since the beginning of the year on a steady incline, coupled with increased inventory, Ottawa is riding a strong and steady spring market”.
The sale price of residential homes has decreased from last June by 1.3 percent, with an average of $399,382 in June 2016. Condominium prices have also seen a decrease of 2.4 percent from last June, with an average of $264,913 in June 2016.
Questions about these stats or this chart? Contact us and one of our experience REALTORS® can break it down for you!