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Big News Market Update

Posted by Leif Olson on Friday, January 8, 2021 at 10:49 AM By Leif Olson / January 8, 2021 Comment

? BIG NEWS - MARKET UPDATE
Sun is coming up earlier and the days are getting longer.
I wanted to share a few things with you.
1. Back in November 2020 we had a Campaign for the Ottawa Snow Suit Fund. Wanted to thanks our participating partners that we involved. TCL moving, OCCO Kitchen, Sure Print & Graphics, EQ Homes, Kids Kingdom, Browns Cleaners, and Ottawa Mortgage Brokers. With the help of the community, we were able to collect over 200 jackets and coats.
?We raised over $10,000 in online donations!
This is huge for the Ottawa community. We appreciate everyone that contributed. Just wait till this year's Fundraiser. ?
2. Market Update for December 2020
Residential Average Sale Price $603.880
⬆Up 20.6% From December 2019
Average Days on Market 25
⬇Down from 39 Days December 2019
Number of Sale 710 SOLD
⬆Up 33.7% From December 2019
Condominium Average Sale Price $355,982
⬆Up 14.4% From December 2019
Average Days on Market 26
⬇Down from 30 Days December 2019
Number of Sale 292 SOLD
⬆Up 29.2% From December 2019
3. New listings are available! If you would like a list of homes we would be happy to provide them for you. We have many coming soon. If you would like to know before they hit the market we can provide this as well.
?We have properties coming up in Chapel Hill, Springridge, Fallingbrook, Convent Glen, Cumberland, Notting Hill, Just to name a few! ?
4. If you are thinking of Selling! Now is the time. Interest rates are low for the buyers and Inventory is low. Don't wait till spring. If you would like a market update or would like to discuss selling your home, reach out to us at 613-841-2111 ☎️
Visit our website for New Listing and Coming Soon Inventory.
If you want to browse the Inventory: https://www.weknowottawa.com/

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