According to the Ottawa Real Estate Board just over 1,000 residential properties were sold in October, and increase of 2.3%. The breakdown is as follows: 253 condominiums and 809 residences. Condos include, but are not exclusive to detached, semi-detached, apartment, stacked as well as properties, which are co-operatives, life leases and timeshares. Residential property includes all other residential properties.
According to Board President Joanne Tibbles “Condos were the main driver of resale home sales in October, with condo sales up 14.5 per cent from the same month in 2010, whereas residential property sales numbers were near-identical to last year’s.” The average sale price of residential properties, including condominiums, sold in October in the Ottawa area was $337,797, an increase of 2 per cent over October 2010. The average sale price for a condominium-class property was $259,316, a decrease of 1.5 per cent over October 2010. The average sale price of a residential-class property was $362,341, an increase of 3.7 per cent over October 2010. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.
There are 2700 Real Estate agents in Ottawa. Each brings their own mixture of style, specialty and experience to the process. Real Estate Agents in Ottawa are a great resource and provide answers to many MLS Ottawa frequently asked questions. You own a house now, but you want to move to a bigger place or a different neighborhood. Should you sell your current home before you buy your next, or should you buy first, and then sell your existing home? Though this is a very common question, there is no "right" answer. The answer depends on a number of variables, but is a common question asked of Royal LePage Real Estate agents.
There are many advantages to hiring a Real Estate Agent in Ottawa. If you consider that purchasing a property is usually the largest transaction most people make in their lifetime, it really makes sense to have a professional with you to sweat the small stuff and head off problems before they become an issue. Find out why Félice is so well-respected by clients and colleagues alike; put her to work for you! Feel free to contact her by email firstname.lastname@example.org, 613-825-7653 or at 2900 Woodroffe Avenue, Ottawa, Ontario, K2J 4G3.
ttp://felicemiranda.com/ 613-825-7653 for Real Estate in Ottawa. Royal LePage Real Estate trains the Best Real Estate Agents in Ottawa and MLS Ottawa. Get onboard for Ottawa RealEstate.