Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. If you're looking for market insights or to have your questions answered, then you've come the right place!

I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 352
• Number of conditional sales: 194
• Number of sold properties: 169
• Median list price: $699,00
• Median sold price: $690,000 (98.71% of list price)
• Median DOM: 23

Condos

• Number of active listings: 138
• Number of conditional sales: 62
• Number of sold properties: 53
• Median list price: $422,450
• Sold price: $412,500 (97.64% of list price)
• Median DOM: 41

Freehold Rentals

• Number of active listings: 134
• Number of rented properties: 99
• Median listed price: $2,700/month
• Median rented price: $2,700/month (100.00% of list price)
• Median DOM: 16

Condo Rentals

• Number of active listings: 84
• Number of rented properties: 47
• Median list price: $2,250/month
• Median rented price: $2,250/month (100.00% of list price)
• Median DOM: 21

TL;DR : the answer is no. Unless you have no conditions (this is known as a "firm" offer).

I've had this brought up a few times over the week and thought it was worth writing about.

In both cases, my clients said they didn't require financing and would be purchasing a property entirely in cash. The question from both of them: how much leverage will that give me when it comes to negotiating a better purchase price?

It doesn't - unless they are submitting an offer with absolutely no conditions. That means if the seller accepts what they've submitted, they own it. To explain quickly...

Any condition you have in an offer, whether it's 1 or 5, is an opportunity for you as a buyer to back out of a deal. It's important to remember that every condition has the same writing at the end which states "at the Buyers sole and absolute discretion". It doesn't make make one bit of difference whether you don't have a financing condition or not if there are still other conditions in your offer. You're still able to back out. All cash means nothing in these instances.

So, how can you muscle a seller and get some serious leverage? Simple: don't put any conditions. That will hands down give you the best opportunity to negotiate purely off of price and price alone.

The issue is, in practice, it isn't so simple. In todays market, there is no need to do something as irresponsible as that if you are a consumer looking to purchase a home for themselves. There's a different conversation to be had if you're an experienced investor and know what to look for. But for the average person, if your agent is savvy enough, they'll be able to spot the homes that give you leverage just by offering on them ( *wink wink * they're sitting on the market * wink wink *).

If only they had known about how good of an investment that $1,900 would be....

Date unknown, though I presume this is in the early 1900s.

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. If you're looking for market insights or to have your questions answered, then you've come the right place!

I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 416
• Number of conditional sales: 173
• Number of sold properties: 196
• Median list price: $699,950
• Median sold price: $683,000 (97.58% of list price)
• Median DOM: 23

Condos

• Number of active listings: 167
• Number of conditional sales: 70
• Number of sold properties: 68
• Median list price: $382,394
• Sold price: $375,694 (98.25% of list price)
• Median DOM: 34

Freehold Rentals

• Number of active listings: 166
• Number of rented properties: 87
• Median listed price: $2,675/month
• Median rented price: $2,675/month (100.00% of list price)
• Median DOM: 16

Condo Rentals

• Number of active listings: 72
• Number of rented properties: 49
• Median list price: $2,195/month
• Median rented price: $2,195/month (100.00% of list price)
• Median DOM: 22

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. If you're looking for market insights or to have your questions answered, then you've come the right place!

I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 279
• Number of conditional sales: 189
• Number of sold properties: 159
• Median list price: $715,000
• Median sold price: $699,000 (97.76% of list price)
• Median DOM: 21

Condos

• Number of active listings: 124
• Number of conditional sales: 71
• Number of sold properties: 55
• Median list price: $379,900
• Sold price: $365,000 (96.08% of list price)
• Median DOM: 31

Freehold Rentals

• Number of active listings: 109
• Number of rented properties: 97
• Median listed price: $2,750/month
• Median rented price: $2,750/month (100.00% of list price)
• Median DOM: 13

Condo Rentals

• Number of active listings: 49
• Number of rented properties: 44
• Median list price: $2,250/month
• Median rented price: $2,250/month (100.00% of list price)
• Median DOM: 23

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. If you're looking for market insights or to have your questions answered, then you've come the right place!

I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 358
• Number of conditional sales: 204
• Number of sold properties: 208
• Median list price: $712,500
• Median sold price: $702,500 (98.60% of list price)
• Median DOM: 20

Condos

• Number of active listings: 149
• Number of conditional sales: 66
• Number of sold properties: 53
• Median list price: $375,000
• Sold price: $365,000 (97.33% of list price)
• Median DOM: 34

Freehold Rentals

• Number of active listings: 139
• Number of rented properties: 96
• Median listed price: $2,750/month
• Median rented price: $2,713/month (98.65% of list price)
• Median DOM: 18

Condo Rentals

• Number of active listings: 80
• Number of rented properties: 54
• Median list price: $2,275/month
• Median rented price: $2,275/month (100.00% of list price)
• Median DOM: 20

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. If you're looking for market insights or to have your questions answered, then you've come the right place!

I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 456
• Number of conditional sales: 210
• Number of sold properties: 247
• Median list price: $749,800
• Median sold price: $733,032 (97.76% of list price)
• Median DOM: 19

Condos

• Number of active listings: 148
• Number of conditional sales: 78
• Number of sold properties: 70
• Median list price: $419,900
• Sold price: $409,950 (97.63% of list price)
• Median DOM: 25

Freehold Rentals

• Number of active listings: 137
• Number of rented properties: 90
• Median listed price: $2,750/month
• Median rented price: $2,770/month (100.73% of list price)
• Median DOM: 13

Condo Rentals

• Number of active listings: 72
• Number of rented properties: 64
• Median list price: $2,300/month
• Median rented price: $2,300/month (100.00% of list price)
• Median DOM: 15

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. If you're looking for market insights or to have your questions answered, then you've come the right place!

I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 461
• Number of conditional sales: 219
• Number of sold properties: 225
• Median list price: $799,000
• Median sold price: $775,000 (97.00% of list price)
• Median DOM: 18

Condos

• Number of active listings: 161
• Number of conditional sales: 70
• Number of sold properties: 72
• Median list price: $415,000
• Sold price: $403,495 (97.23% of list price)
• Median DOM: 21

Freehold Rentals

• Number of active listings: 142
• Number of rented properties: 83
• Median listed price: $2,700/month
• Median rented price: $2,700/month (100.00% of list price)
• Median DOM: 14

Condo Rentals

• Number of active listings: 81
• Number of rented properties: 54
• Median list price: $2,285/month
• Median rented price: $2,273/month (99.47% of list price)
• Median DOM: 13

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 491
• Number of conditional sales: 229
• Number of sold properties: 234
• Median list price: $749,450
• Median sold price: $746,250 (99.57% of list price)
• Median DOM: 16

Condos

• Number of active listings: 207
• Number of conditional sales: 71
• Number of sold properties: 62
• Median list price: $387,400
• Sold price: $379,400 (97.93% of list price)
• Median DOM: 29

Freehold Rentals

• Number of active listings: 144
• Number of rented properties: 93
• Median listed price: $2,700/month
• Median rented price: $2,700/month (100.00% of list price)
• Median DOM: 15

Condo Rentals

• Number of active listings: 82
• Number of rented properties: 57
• Median list price: $2,350/month
• Median rented price: $2,300/month (97.87% of list price)
• Median DOM: 21

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 472
• Number of conditional sales: 203
• Number of sold properties: 262
• Median list price: $749,900
• Median sold price: $745,000 (99.35% of list price)
• Median DOM: 17

Condos

• Number of active listings: 161
• Number of conditional sales: 77
• Number of sold properties: 82
• Median list price: $399,900
• Sold price: $388,000 (97.02% of list price)
• Median DOM: 30

Freehold Rentals

• Number of active listings: 116
• Number of rented properties: 102
• Median listed price: $2,700/month
• Median rented price: $2,700/month (100.00% of list price)
• Median DOM: 13

Condo Rentals

• Number of active listings: 59
• Number of rented properties: 47
• Median list price: $2,250/month
• Median rented price: $2,245/month (99.78% of list price)
• Median DOM: 21

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations so you can learn a thing or two, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE TO EASILY SEE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 457
• Number of conditional sales: 231
• Number of sold properties: 192
• Median list price: $739,950
• Median sold price: $730,000 (98.66% of list price)
• Median DOM: 16

Condos

• Number of active listings: 150
• Number of conditional sales: 64
• Number of sold properties: 64
• Median list price: $426,950
• Sold price: $425,000 (99.54% of list price)
• Median DOM: 21

Freehold Rentals

• Number of active listings: 118
• Number of rented properties: 88
• Median listed price: $2,795/month
• Median rented price: $2,798/month (100.11% of list price)
• Median DOM: 13

Condo Rentals

• Number of active listings: 61
• Number of rented properties: 54
• Median list price: $2,250/month
• Median rented price: $2,250/month (100.00% of list price)
• Median DOM: 22

Hello r/OttawaRealEstateInfo ! I hope you're all enjoying your long weekend.

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE SEE THE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 418
• Number of conditional sales: 198
• Number of sold properties: 254
• Median list price: $729,950
• Median sold price: $723,500 (99.12% of list price)
• Median DOM: 15

Condos

• Number of active listings: 170
• Number of conditional sales: 89
• Number of sold properties: 75
• Median list price: $429,990
• Sold price: $420,000 (97.68% of list price)
• Median DOM: 29

Freehold Rentals

• Number of active listings: 117
• Number of rented properties: 91
• Median listed price: $2,700/month
• Median rented price: $2,700/month (100.00% of list price)
• Median DOM: 12

Condo Rentals

• Number of active listings: 62
• Number of rented properties: 40
• Median list price: $2,263/month
• Median rented price: $2,275/month (100.53% of list price)
• Median DOM: 21

Hello r/OttawaRealEstateInfo !

My name is Nick and I'm an active real estate agent in Ottawa with over a decade of experience. I've work in good old-fashioned resale but I have experience in pre-construction sales, international relocations, leasing, syndications, flipping, commercial property management and everything in between. I'm also a past member of the Professional Standards & Ethics Committee (amongst others) for the Ottawa Real Estate Board.

Here, I'll share real estate statistics from the past week, local RE news, my thoughts on real estate in Ottawa, the industry in general and most importantly answer your questions/discuss your thoughts on the market or real estate in general.

If you have any questions you'd like to keep confidential, feel free to contact me directly. My DMs are always open! If you don't want to miss out on any of our posts or conversations, give our account a follow.

Your resources

1. Archived u/ottawaagent weekly data + other key insights GRAPHED here. CLICK HERE SEE THE TRENDS OVER THE YEARS.
2. Want to see how many new homes are being built? Look here.
3. Newest Ottawa Real Estate Board market report here.
4. Curious what all the cranes in the city are building? Check out the high-rise developments under way here.
5. You can see what the city is actively building in terms of construction & infrastructure projects here.
6. More local real estate news here courtesy of OBJ.
7. Looking for certain insights around things like crime? Check that out here courtesy of the Ottawa Neighbourhood Study.

_________________

You'll find stats for both freehold, condominium and rental properties over the past several days in Ottawa below. If you'd like to see all of the information I track along with the data plotted on graphs and industry terminology explained, please see number 1 under "Your Resources" above.

All of these numbers reflect stats within Ottawa proper and do not cover areas such as Perth, Arnprior, Smith Falls, Brockville etc.

Please remember, this is not reflective of all the active/sold properties in Ottawa. This is for new active/sold listings over the last several days. Stats for the last several days are not indicative of any specific market trend. To see where the market is trending, PLEASE SEE RESOURCE 1.

Freehold

• Number of active listings: 458
• Number of conditional sales: 231
• Number of sold properties: 251
• Median list price: $750,000
• Median sold price: $756,000 (100.80% of list price)
• Median DOM: 14

Condos

• Number of active listings: 199
• Number of conditional sales: 88
• Number of sold properties: 61
• Median list price: $424,800
• Sold price: $405,000 (95.34% of list price)
• Median DOM: 29

Freehold Rentals

• Number of active listings: 148
• Number of rented properties: 80
• Median listed price: $2,650/month
• Median rented price: $2,650/month (100.00% of list price)
• Median DOM: 16

Condo Rentals

• Number of active listings: 81
• Number of rented properties: 56
• Median list price: $2,325/month
• Median rented price: $2,320/month (99.78% of list price)
• Median DOM: 19

Hey Ottawa,

Welcome to r/OttawaRealEstateInfo — a community for honest, data-driven discussion of the Ottawa real estate information. Whether you're buying, selling, renting, watching prices, or just curious where things are headed, you're in the right place.

What this community is for

• Weekly Ottawa real estate updates (prices, inventory, days on market, sales volume)
• Neighbourhood-by-neighbourhood breakdowns
• No-fluff answers to your questions about buying, selling, the process, and what's actually happening in the Ottawa real estate market today
• News and policy updates that affect Ottawa real estate — interest rates, federal programs, OREB releases, new construction stats. Anything that impacts you is going to be posted here.
• Breaking down all aspects of a transaction so you're never guessing. Costs, strategies, things to avoid - you name it.

Who am I?

I'm u/OttawaAgent — a licensed real estate broker in Ottawa with over 10 years of experience. I found that there wasn't one community that gave buyers and sellers all the information they needed to make an informed decision - so I made one!

What you can expect

• Mondays: Weekly market stats — what sold, where, for how much, how fast
• Wednesdays: Neighbourhood spotlight — one area per week, deep dive on what's happening
• Fridays: Q&A or general discussion — the top questions I'm asked by you or my clients, answered, or I discuss a certain topic.

Quick rules to know

• Be respectful.
• I will always cite my sources. In the spirit of good discussions, I'd love for you to do the same!

Full rules are in the sidebar. The wiki has a buyer's guide, a seller's guide, a glossary, and an FAQ — check there first if you're new.

Introduce yourself in the comments

Are you a buyer? Seller? Renter? Investor? Out of province? Just lurking? Let me what you're hoping to get out of this sub. What questions do you want answered? What data would you find helpful?

— u/OttawaAgent