Ottawa Market Report
Home sales in Ottawa were down 20.9 percent for July 2021 from July 2020. The average sales price year-over-year saw the biggest increase with bungalows at 18.6 percent with an average sales price of $648, 689.
Members of the Ottawa Real Estate Board sold 1,724 residential properties in July through the Board’s MLS® System, compared with 2,183 in July 2020, a decrease of 21 percent. July’s sales included 1,312 in the residential-property class, down 20 percent from a year ago, and 412 in the condominium-property category, a decrease of 24 percent from July 2020. The five-year average for total unit sales in July is 1,775.
July’s average sale price for a condominium-class property was $419,545, an increase of 17 percent…
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