Are you curious how these monthly stats affect your situation?
We run these numbers based on the location you wish to purchase or sell.
It’s all part of our hyper-local and individualized approach.
As a Buyer or Seller, reach out now to get:
MEDIAN SALES PRICE
SALES BY PRICE RANGE
MONTHS of INVENTORY
Seller Market = less than 4 months of Inventory
It’s easier to sell during a Seller’s market so plan to take longer to purchase your home
Balanced Market = 4-6 months of inventory
This means that both buyers & sellers have their own set of challenges and either can take you a long time.
Buyers market = 6+ months of Inventory
It’s easier to buy during a Buyer’s market so plan to take longer to sell your home
Ottawa typically tends to be in a balanced market.
Together, we make a plan based on what the market is doing, where the trends are going, your specific property, finances, and your personal goals.
DAYS ON MARKET
Laura Seanor
Ottawa Realtor®
RE/MAX Hallmark® Realty Group🏠
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Ottawa 30-second Real estate market update
Do you have questions about what it takes to sell or buy in Ottawa, Canada, successfully? Fill in the contact form and let’s chat!
2023 Canada Wide Market Report & 2024 Predictions
Steve Tabrizi, COO of the RE/MAX Hallmark® Group of Companies who will be analyzing The Turbulence Of 2023 And What To Expect From The 2024 Housing Market.
2022 ONTARIO Market ReCap and 2023 Predictions
Steve Tabrizi, COO of the RE/MAX Hallmark Group of Companies who will discuss what happened in the Housing Market in Ontario for 2022 and what he believes will happen in 2023.
This is a detailed overview. It is more than an hour long (less than 2 hours)
Here are some key markers that you can check out:
- It starts at the 10minute mark, reviewing trends and the average home prices
- Interest Rates – Approx. 15 minutes in
- Ontario’s Political/ Tax Policies – Thumbs up or down – Approx 20 minutes in
- Can your kids buy a home? – Approx. 30 minutes in
- Are we going into recession? – Approx 50 minutes
- Unemployment factors – Approx 55 minutes in
- Where are we going in 2023? – Approx 1:05 mark
- Ottawa Specific – Approx 1:20 mark
- 5 Reasons our Housing mark WON’T crash – Approx 1:26 mark
- 7 Predictions for 2023 – Approx 1:28 mark
