Each month, we will provide you with an overview of the Ottawa condo market sales statistics.  For a more in-depth analysis of Ottawa's condo market, contact one of our professionals by email or at 613-288-0090.

April 2012 Statistics

April 2012 Ottawa condo home sale statistics

Sales of homes in Ottawa were up 2.5% during the month of April, as compared with April 2011, with agents selling 1568 homes in April.

Of those 1568 Ottawa homes sold, 300 were Ottawa condos and 1268 were residential homes.

The average sale price for all homes during April was $364,077, an increase of 3.7%.  The average sale price for condos in Ottawa was up a whopping 6.7% to $272,851 while the average sale price for residential homes was up a respectable 2.6% to $385,660.

It is also interesting to note that the inventory of homes listed for sale is up 6.9% over last year and that interest rates are still very low, indicating a stable and healthy housing market in Ottawa as summer approaches.

February 2012 Statistics

Febrary 2012 Ottawa condo sale statistics

A total of 244 Ottawa condos were sold in February 2012.

The average sale price of a condo in Ottawa in February was $273,464 which represents an increase of 4.6% over last year.

Past President Joanne Tibbles says, “This month’s results indicate a steady incline in resale housing in the Ottawa area. The number of sales increased since January, and the inventory of properties for sale is back to a normal rate – still offering plenty of options for buyers, and this indicates a healthy balanced market as we head into spring.”