Ottawa Real Estate - 2011 Review

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Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | January 12th, 2012

2011 - Business was booming for home sales in Ottawa and the Hamre Team at RE/MAX

Happy Buyers 

Our team realigned its client care systems to better service our Buyers/Sellers. We also added a Marketing & Design team member to support our volume of listing sales. Our level of “Customer Service” increased and our “Clients Feedback” supported our efforts. Our “Listing Image” and “Marketing Strategy” continued to improve with an increase in volume as well as an above average Selling Price for our Sellers.

As per the market, despite the ongoing global economic problems and a Federal Election this past year, 2011 marked the second best year for resale home sales in the past five years

 The market started off the year quietly, but gained momentum as we headed into spring and summer, losing very little steam during the fall and posting the best November and December on record. In many ways, it emphasized the nature of real estate in Ottawa: no dizzying highs, no dramatic lows, just slow and steady growth.”

The selling price of a home in Ottawa in 2011 was $343,701, an increase of 5.2 per cent over 2010.

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