Adam Mills Team Real Estate Market Update – November 2014

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”

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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