Wednesday, November 4, 2009
Ottawa MLS Stats for October 2009
Members of the Ottawa Real Estate Board sold 1,202 residential properties in October through the Board’s Multiple Listing Service® system compared with 964 in October 2008, an increase of 24.7 per cent.
Of those sales, 270 were in the condominium property class, while 932 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.) which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.
“Once again we saw record-setting sales numbers for the month of October. This brings our sales year-to-date to four percentage points higher than the same period last year. Ottawa’s resale market has been buoyed by buyers taking advantage of low interest rates,” said Board President Rick Snell. “Listing inventory remains at a low level, and combined with brisk sales, indicates that we are still in a strong sellers’ market here in the capital,” he added.
The average sale price of residential properties, including condominiums, sold in October in the Ottawa area MLS was $318,655, an increase of 13.6 per cent over October 2008. The average sale price for a condominium-class property was $232,046, an increase of 14.6 per cent over October 2008. The average sale price of a residential-class property was $343,745, an increase of 13.3 per cent over October 2008. 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 on the Ottawa MLS.
The Ottawa Real Estate Board MLS is an industry association of 2,540 sales representatives and brokers in the Ottawa area. Members of the Board are also members of the Canadian Real Estate Association and thus are entitled to use the term REALTOR®. The MLS® system is a member based service, paid for by the REALTOR® members of the Ottawa Real Estate Board. The MLS® mark symbolizes the cooperation among REALTORS® to effect the purchase and sale of real estate through real estate services provided by REALTORS®. MLS® commercial and residential listings are available for viewing on the Board’s internet site at www.OttawaRealEstate.org and on the national websites of The Canadian Real Estate Association at www.REALTOR.ca and www.ICX.ca. Information about listings and open houses is also available in the Board’s weekly newspaper, Ottawa Real Estate Guide, available free at 700 locations across the Ottawa area MLS.
Sunday, November 1, 2009
History of Quartier Vanier (Ottawa)
October 2009 - Activity in Quartier Vanier, Ottawa
There has been lots of activity in Quartier Vanier (Ottawa) during the month of October 2009. On average homes sold in less than 6 days.
During the month of October 9 homes sold in Vanier, 2 of them are still conditional sales
finally, 7 homes got listed during the month of October 2009 in Vanier, Ottawa
You've guess it... Now is a great time to sell you home in Vanier! Call me today 613-889-7732
Looking for a home in Ottawa? Want to sell your current home? Visit my Ottawa Real Estate website at www.rochstgeorges.com
Direct: 613.889.7732 | Office: 613.837.0011
Wondering how much your neighbors sold for? | Beat Other Buyers to Hot New Listings
October 2009 - Real Estate Activity for Avalon, Notting Gate and Cumberland West
Lots of activity for Avalon, Notting Gate and Cumberland West during the month of October 2009.
7 homes sold during the month of October and 1 is still conditional
29 new homes for sale in Avalon (Orleans)
1 listing was cancelled
Homes are selling quickly... Now is the time to put you home on the MLS. Call me today 613-889-7732
Stats: OREB
Looking for a home in Ottawa? Want to sell your current home? Visit my Ottawa Real Estate website at www.rochstgeorges.com
Direct: 613.889.7732 | Office: 613.837.0011
Wondering how much your neighbors sold for? | Beat Other Buyers to Hot New Listings
Real Estate Activity in Sandy Hill for October 2009
Wondering how the Real Estate Market in Sandy Hill is doing? Wondering how many homes sold vs how many homes got listed during the month of October 2009?
We saw 8 new listings on the MLS for the month of October in Sandy Hill
Of those new listings 3 already sold!
On average homes in Sandy Hill sold within 6 days!
Stats: OREB (District 4003 & 4004- Sandy Hill)
Looking for a home in Ottawa? Want to sell your current home? Visit my Ottawa Real Estate website at www.rochstgeorges.com
Direct: 613.889.7732 | Office: 613.837.0011
Wondering how much your neighbors sold for? | Beat Other Buyers to Hot New Listings
Ottawa MLS Stats for Overbrook & Castle Heights - October 2009
The neighborhoods of Overbrook and Castle Heights are located minutes from Downtown making them attractive neighbourhoods in Ottawa.
During the month of October 2009...9 homes we're listed on the Ottawa MLS in Overbrook and Castle Heights
Of these homes 6 homes have already sold! 2 of them are still conditional.
Are you wondering "When is a good time to sell your Ottawa home?"...
On average homes sold in 3.5 days!!!
...As you have probably figured it out. NOW is a great time to sell your home.
Call me today to sell your home 613-889-7732
Stats: OREB (District 3501,3502, 3503, 3504)
Looking for a home in Ottawa? Want to sell your current home? Visit my Ottawa Real Estate website at www.rochstgeorges.com
Direct: 613.889.7732 | Office: 613.837.0011
Wondering how much your neighbors sold for? | Beat Other Buyers to Hot New Listings
