RESALES IN OTTAWA OFF TO A GREAT START FOR 2017
The January stats are out. Here are the 3 key details to keep in mind:
- 667 residential properties were sold in January, compared with 508 in January 2016, an increase of 11.5%. The five-year average for January sales is 614.
- The average sale price of a residential-class property sold in January in the Ottawa area was $394,001 an increase of 1.9% over January 2016.
- The average sale price for a condominium-class property sold in January in the Ottawa area was $288,655, a big increase of 16.8% over January 2016.
Source: Ottawa Real Estate Board
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