January 2011 Statistics

January 2011 Ottawa home sale statistics

The number of homes sold in January 2011 is slightly down from the same period last year.  675 residential homes were sold in Ottawa during the month of January, compared to 719 in January 2010. Of those Ottawa homes that were sold this January, 135 of those were Ottawa condos, while 540 were residential homes.

The average sale price for both residential and condominium combined was $329,657, which is an increase of 3% over January 2010.

Ottawa residential home sales for January 2011

The average sale price of a residential home in Ottawa for January 2011 was $353,055.  This represents an increase of approximately 4.7% over the sale of residential homes in Ottawa for the January 2010 period.

Ottawa condominium sales for January 2011

Condominiums in the Ottawa area sold at slightly lower prices (on average) as compared to the same period in 2010.  The average sale price for an Ottawa condo in January 2011 was $236,065, which is a decrease of 8.7% over last year.

2010 Statistics

2010 Ottawa home sale statistics

In 2010, Realtors in the Ottawa real estate board sold a total of 14,199 residential homes.  This is decrease over the number of Ottawa homes sold in 2009 of approximately 3.6%. 

As far as Ottawa home prices go, the average price of a home sold in 2010 was $327,225, which is an increase over the average home sale price in 2009 of approximately 7.7%.

For more information on Ottawa home statistics and what you can expect to receive on the sale of your Ottawa area home, contact Ray Otten or one of our professional Sales Representatives at 613-288-0090 or email mail@ottawaproperteis.com

We will be happy to answer any of your questions.