November Newsletter Summary:
- October 2014 saw 1,121 homes sell in Ottawa, an increase of 2.9% from October 2013.
- The average sale price in October 2014 for a home in Ottawa was $355,813 a decrease of 1.2% over October 2013.
- Average “Days on Market” for a listing is currently 53 days in Ottawa.
- Average “Cumulative Days on Market” for a listing is currently 88 days in Ottawa.
Also Read “Canadian Housing Market – Prices Move Towards Long-Term Average”
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