December sales up over 10 per cent from last year

The December stats are out. Here are the 3 key details to keep in mind:

  1. 703 residential properties were sold in December, compared to 638 in December 2014 – an increase of 10.2%.
  2. The average sale price of a residential-class property sold in December was $386,961.
  3. The average cumulative days on market was 109 days.

Source: Ottawa Real Estate Board

sold for sale sign