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Ottawa Real Estate Market November 2019 Stats

Ottawa Realtors sold 1288 residential houses and condos in November 2019 via the Ottawa MLS system. This is an increase of close to 11 per cent compared with the number of residential properties sold in November 2018.

Number of Home Sold

The number of free-hold residential homes sold was 958, an increase of over 10 per cent from November 2018.  Furthermore, 330 Ottawa condos sold via the Ottawa MLS up over 12 per cent from November 2018.

Average Ottawa Home Sale Prices

The average sale price for Ottawa condos in November 2019 was $313,734 showing an major increase of close to 10 per cent from the same month last year. Free-hold houses sold on...

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Ottawa Realtors sold 1,607 residential properties in October utilizing the Ottawa MLS Listings service (Multiple Listing Service® System), compared with 1,375 in October 2018, an increase of 16.9 per cent.

Number of Freehold Ottawa Homes and Ottawa Condos Sold

October’s sales included 1,211 in the residential freehold homes, up 15 per cent from a year ago, while 396 Ottawa condos sold, an increase of 23 per cent from October 2018. The five-year average for October unit sales is 1,319.

Ottawa Real Estate agents sold 1,607 residential properties in October through the Ottawa MLS Listings System, compared with 1,375 in October 2018, an increase of 16.9 per cent.

October’s sales included...

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25 Top Mistakes to Avoid When Buying Real Estate

Buying a real property can be a challenging process. Often you will have little option to avoid a few of these mistakes. Avoid:

  1. Lack of understanding of the real estate market you are planning to invest in
  2. Not understanding your financial and personal needs vs your wants
  3. Lacking a clear focus and a plan
  4. Not doing a proper research on the market and comparables before purchase
  5. Not selecting the right property because of emotions and third-party advice
  6. Not selecting to work the best Ottawa Realtor you can find before your purchase
  7. Buying above the present Ottawa real estate market price
  8. Buying a property in an extreme seller’s market
  9. Buying...
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In Septemer 2019 Ottawa Realtors sold 1,549 residential Ottawa houses and condos via the Ottawa MLS® System. This is compared with 1,386 Ottawa condos and houses sold in September 2018, showing an increase of 11.8 per cent.

Number of Ottawa Houses and Condos Sold

1,113 freehold (non-condo) homes sold, up a significant 6.9 per cent from a year ago. In the same month 436 condos in Ottawa changed owners. This represents a very strong increase of 26.4 per cent from September 2018. The five-year average for September unit sales is 1,385.

All of these strong strong sales numbers took place in an Ottawa real estate market plagued by low inventory.

House and Condo Market Values

The average sale price...

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