Home sales leap in February due to extra day

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

  1. 911 residential properties were sold in February, an increase of 7.2 per cent over February 2015.
  2. The average sale price of a residential-class property sold in February was $384,632, and the majority of Ottawa buyers continue to buy properties in the $300,000 to $400,000 price range, followed by the $200,000 to $300,000 range.
  3. The average sale price has increased 1.2 per cent over February 2015.

Source: Ottawa Real Estate Board

sold for sale sign

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