August Ottawa-area residential sales up by 6.6 per cent

The August stats are out; here are the 3 key details to keep in mind:

  1. 1,279 residential properties were sold in August, compared to 1,200 in August 2014.
  2. The average sale price of a residential-class property sold in August was $379,946, and the majority of Ottawa buyers continue to buy properties in the $300,000 to $400,000 price range.
  3. The average cumulative days on market was 89 days.

Source: Ottawa Real Estate Board


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