Fall 2017 - Ottawa Homes Spending Less Time On Market

By: Colleen Lyle & Joey Grimm

Fall 2017 - Ottawa Homes Spending Less Time On Market

Tags: Ottawa Real Estate Market News

 

Compared to this time last year, the average number of days homes are spending on the market dropped from 55 to 45 days - a decrease of 17.7%.  For the month of October alone, there were 261 Real Estate transactions.  According to the Ottawa Real Estate Board, condominiums are driving the overall residential real estate market, with year-to-date sales up 21.4 per cent over last year. 

Some other interesting stats:

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