Ottawa Real Estate Market Update – February 2020

Below is a quick snapshot of the Ottawa Real Estate Market and a link to our video of the month.

February Newsletter Summary:

  • January 2020 saw 558 residential homes sell in Ottawa, compared to 609 in January 2019, a decrease of 8.4%;
  • The average residential sale price in January 2020 for a residential home in Ottawa was $516,229 an increase of 19.3% over January 2019;
  • Average complete days on market in Ottawa is 55 days for residential property types.

Click Here to Watch Adam’s 1 MIN thoughts on The Best Time of Year to Sell