Ottawa Real Estate Snapshot June 2020

Market Snapshot: A dramatic upswing in the number of sales this past month with sales within 2% of this time last year!  While it didn’t come as a surprise that unit sales were down 55% in April, and 44% in May, in dramatic contrast the June figures are a welcome sign of things getting back on track in our marketplace.  Prices continue to rise in both the condo & residential market and we are seeing increases in the double digits compared with last year, with less than one month’s supply currently available,  we are still in a strong Seller’s Market. 

According to the Ottawa Real Estate Board’s latest statistics approximately 56% of properties sold over asking price and multiple offer situations are common.  If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests.  Message us anytime! 

We have detailed statistics and market reports available in all areas in and around Ottawa. REQUEST YOUR MARKET REPORT

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Market Reports Available

Interested in specific properties or areas? We’d love to help.



Royal LePage Team Realty

1723 Carling Ave.

Ottawa, Ontario

Canada K2A 1C8

Office: 613-725-1171

Fax: 613-725-3323

Toll Free: 1-800-307-1545

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