New listings are about to SPRING!
The Spring Market is upon us and we are busy working with Sellers and Buyers. If you are considering selling now, or in the near future, we'd be happy to offer you a COMPARATIVE MARKET ANALYSIS at no charge or obligation.
106-98 Richmond Rd. Condo Envy!
A rare gem tucked into the Mezzanine level of Q West offers more than meets the eye! The spacious foyer could accommodate a home office, or when in a pinch how about a Murphy bed? The open concept plan provides numerous options for furniture placement to suit any lifestyle. Walk to shops, restaurants, cafes, and transit at your door! 6 appliances, window blinds, parking and locker all included.
Ottawa Humane Society Wiggle-Waggle 2022!
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March 3, 2023
Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike!
Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property class, down 42% from a year ago, and 222 in the condominium- property category, a decrease of 31% from February 2022. The five-year average for total unit sales in February is 1,157.
“We’re going to see declines in transactions and prices when we compare current figures to last February — the height of the pandemic resale market activity,” says Ottawa Real Estate Board’s President Ken Dekker. “On the other hand, with the Bank of Canada holding interest rates steady, prospective buyers have more budget certainty to work with as we head into the spring market.”“A decrease in the days on market, paired with fewer new listings entering the market, is good news for sellers,” says Dekker. “However, if that trend continues to impact our supply stock and we don’t get more inventory, our otherwise balanced market could swing back into seller’s territory — but it’s too early to predict.”
“The best advice for sellers and buyers in today’s market is to pay close attention to the comparison and competition insights only a REALTOR® can offer. Ottawa is made up of many micro-markets, and neighbourhood-level data is vital to standing out and closing deals.”
SOLD LISTINGS
Fabulous find in sought-after Westboro!
This classic 2 storey home features beautiful hardwood floors, a gracious living room with gas fireplace, adjoining dining room, a thoughtfully designed kitchen with plenty of cabinets and a breakfast bar. Upstairs are 3 nice sized bedrooms and a renovated 4 pc. bath. The lower level offers great space for play or a home office, complete with a 3 pc. bath. A fabulous covered porch with ambient pot lighting leads to the tiered yard and gardens
Wellington West Contemporary Condo!
Lovely, bright one bedroom, one bath in the heart of Wellington West. Steps to the GCTC, unique shops, galleries, restaurants, cafes and the Ottawa River and Parkway. Walk Score 96! Bike Score 100! Transit Score 80!
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