Map of Central Ottawa, East Ottawa, South Ottawa, West Ottawa and the outlying Greater Ottawa Region

Central Ottawa West Ottawa East Ottawa South Ottawa Greater Ottawa


Find your perfect neighbourhood using our community search to find Ottawa homes that best fit your lifestyle.

Young couple shopping in Westboro Village, Ottawa


Westboro is a trendy and vibrant community located along the Ottawa River. With an increasingly lively street scene, it is establishing itself as Ottawa’s destination for food, shopping and nightlife.


sidebar divider - Ottawa real estate website

News & Resources. More Blog.

Your resource for More Ottawa Real Estate (M.O.R.E) information, market news updates and the occasional mindless rambling from Jeff.


May Sales at a High for the Year

Members of the Ottawa Real Estate Board sold 1,896 residential properties in May through the Board's Multiple Listing Service® system, compared with 1,659 in May 2011, an increase of 14.3%.

May's sales included 364 in the condominium property class, and 1,532 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

"Year-over-year for May, the Ottawa market is experiencing a significant increase in the number of sales, with an accompanying moderate increase in the average sale price," remarks Ansel Clarke, President of the Ottawa Real Estate Board. "The number of sales since the beginning of the year has also been on a steady incline, which coupled with increased inventory and gradual price increases, signifies a continued strong, steady market."

The average sale price of residential properties, including condominiums, sold in May in the Ottawa area was $362,837, an increase of 3.2 % over May 2011. The average sale price for a condominium-class property was $268,831, an increase of 2.5 % over May 2011. The average sale price of a residential-class property was $385,172, an increase of 2.1 % over May 2011.


(Information courtesy of the OREB)


No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Your email will not be published
Your Email: *
Comment: *
Please type the text as it appears above:

Copyright ©2012 Jeff Birchmore | Sitemap | Contact

Website designed by myRealDESIGN. Powered by myRealPage.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.