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Vankerkhoven Team - Professional Real Estate Services

April sales sailing along through spring!

Ottawa, May 3, 2012 -Members of the Ottawa Real Estate Board sold 1,568 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,530 in April 2011, an increase of 2.5 per cent.

 April’s sales included 300 in the condominium property class, and 1,268 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.

“Sales in April indicate a steady Ottawa market as we sail through spring,” remarks Ansel Clarke, President of the Ottawa Real Estate Board. “Re-sale housing inventory is up by 6.9 per cent since last year, and interest rates continue to be low, indicating that Ottawa remains in a healthy, stable market.”

The average sale price of residential properties, including condominiums, sold in April in the Ottawa area was $364,077, an increase of 3.7 per cent over April 2011. The average sale price for a condominium-class property was $272,851, an increase of 6.7 per cent over April 2011. The average sale price of a residential-class property was $385,660, an increase of 2.6 per cent over April 2011. The Board cautions that average sale price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold.

 

BuyandSellwithMichelle.ca is your home page for Real Estate in Ottawa, Manotick, Riverside South, Barrhaven, Greely and the surrounding areas. Whether you're buying or selling a home or condo, finding the right professionals to help you through the process is the key to your success. When it comes to serving our clients we don't leave any thing to chance. Providing honest, reliable and professional service when you need it most is what we are all about. Keeping you informed throughout the home buying or selling process is our top priority! 

If you are planning to buy or sell real estate in Ottawa, Greely, Manotick, Riverside South, Kanata or Barrhaven, let us put our knowledge of the Real Estate market to work for you.

If you are looking for Professional Real Estate services to help you sell your property or help you find (or build) your dream home in the Ottawa area give us a call!  With in-depth knowledge of the Ottawa Real Estate Market  and a proven track record of success, we can help you negotiate the right price for the right home or sell your property quickly at a price that works for you.  

If you are considering buying or selling a home and would like some honest, reliable advice please feel free to contact us any time for a free, no-obligation consultation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Wayne Throop Team is "Your Real Estate Information Source" for Greely, Riverside South, Barrhaven and Manotick MLS Listings and Ottawa Real Estate.

Our clients can always expect the highest level of customer service possible. Keeping you informed of what is happening in the local Real Estate market is our top priority. For the latest news on what is happening in your area click here!

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Email: info@waynethroop.com
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Real Estate Stats

Approximate Average Real Estate Sale Prices (Including only freehold homes sold between January 1st and April 11, 2012) .

Greely: $511,529
Manotick: $687,570
Riverside South: $407,571
Barrhaven: $347,273
Stonebridge: $508,358
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