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Ottawa Real Estate Stats - July 2012
The stats are out for July 2012.It looks like the sales are pretty steady in the Ottawa area. There has been a slight decrease in price of homes but an ncrease of number of homes sold.
Quick facts:1366 properties sold - increase of 3.4%304 condos sold1062 residential homes sold$337,518 Average price in Ottawa ~ decrease of 1.2% from last year$265,903 Average price of a condo ~ decrease 1.7% from last year$358,018 Average price of residential ~ decrease of 1.4% over last year
Steady summer sales in the Ottawa housing market
Ottawa, August 3, 2012 - Members of the Ottawa Real Estate Board sold 1,366 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,321 in July 2011, an increase of 3.4 per cent. The five-year average for July sales is 1,360.
July’s sales included 304 in the condominium property class, and 1,062 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.
“The number of residential properties sold has slightly ... more

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