Adam Mills Team Real Estate Market Update – June 2016

June Newsletter Summary:

  • May 2016 saw 1,921 homes sell in Ottawa, compared to 1,926 in May 2015 (5-yr average is 1,864);
  • The average sale price in May 2016 for a home in Ottawa was $406,063 an increase of 0.6% over May 2015;
  • Average complete days on market in Ottawa is 80 across all property types.

Also Read Advice About Mortgage Renewal Options

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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