Adam Mills Team Real Estate Market Update – July 2014

July Newsletter Summary:

  • June 2014 saw 1,661 homes sell in Ottawa, an increase of 4.3% from June 2013.
  • The average sale price in June 2014 for a home in Ottawa was $364,264 an increase of 1.4% over June 2013.
  • Average “Days on Market” for a listing is currently 42 days in Ottawa.

               Read page 2 to see How Low Mortgage Rates Are Helping Us Pay Mortgages Faster

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If you or anyone you know is looking to buy or sell a home, we would be happy to make their next move a success!

All the best,
The Adam Mills Team