Ottawa Real Estate Update: January 2019 Record-Breaking Home Sales!
“January is typically one of the slowest months of the year for local real estate. Yet, in spite of the record cold and snowfall, unit sales are up almost 16%. This is the highest number of January transactions we have experienced in decades,” – OREB President 2019
Motivated buyers aren’t being scared away by the cold, properties are moving quickly. While many sellers might believe it’s best to “wait for spring” if you’re looking to sell, it’s a good idea to speak to your realtor now.
When asked what he forecasts for the upcoming year, [OREB PRESIDENT] speculates, “Based on last month’s sales, I’d say we go with Wiarton Willie’s prediction – it will likely be an early spring for the real estate market as well.”
*Note that the average sale price 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 calculation of the average sale price is based on the total dollar volume of all properties sold. Price and conditions will vary from neighbourhood to neighbourhood .
If you are thinking of listing, call anyone…
If you are thinking of selling, Call the Lindsays!
Get new properties delivered to your mail box.
Based on your criteria, we’ll do the searching for you. We’ll start looking and
the listings that match your criteria will be emailed to you.
The John Lindsay Group
Royal LePage Team Realty
200 – 1335 Carling Ave.
Ottawa, ON – K1Z 8N8
Toll Free: 1-800-307-1545
The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.©Royal LePage TEAM REALTY