Real Estate Statistics for Lower Town Ottawa - May 2010

Here is the May 2010 Lower Town Neighborhood Report which provides you with statistics of the Lower Town real estate market. The neighborhood of Lower Town in Ottawa saw a total of 11 sales in May 2010.
The average days on the market of the homes sold in May 2010 in Lower Town, was 12. The longest days on the market was 67 and the shortest was 4 days. The average price of homes sold during the month of May 2010 inLower Town was $429,809 similar last May's average price of $342,500. The highest priced property sold during the month of May in Lower Town was $650,000 and the lowest was $211,000.
Compared with May 2009 homes in Lower Town are selling quicker. Average days on the market of homes in Lower Town, Ottawa during the month of May 2009 was 21 days. The longest days on the market was 61 and the shortest was 3 day. The highest priced property sold during the month of May 2009 was $435,000 and the lowest was $227,500.
If you are looking to sell your home in Lower Town call today for your free home market evaluation. 613-889-7732

Source: OREB