Ottawa Real Estate Market Update - Karen MacDonald - RE/MAX Affiliates Realty LTD

The Ottawa Real Estate Board stats are in for October 2022 and here are the results.

Karen MacDonald here from the Hamre Real Estate Team at RE/MAX Affiliates in Ottawa.

It's COFFEE TIME!!!

So the stats are in and October 2022 brings us an average residential selling price of $677,000 - we are down 5.4% from last year in October .

Average days on market 29 as opposed to 20 Days in 2021.

Condo's are up 9.4% - average sale price for a condo - $445,000 - and average days on market is 29 days in 2022 in comparison to 22 days in 2021.

❄I also want to mention that our annual snowsuit fund campaign has started - this very near and dear to us at the Hamre Real Estate Team. ⛄If you have
any slightly used or new snowsuits, we want to keep all the children warm this winter. I can pick them up or you can drop them off at any one of our
RE/MAX Affiliates offices.

Hope to hear from you Soon!!!