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Dave’s Substack · Apr 5, 2024

April 2024 Ottawa Real Estate Update

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Dave Williams · Dave’s Substack

🏡In the Detached home market, there were 580 sales for an average price of $847k.

That’s a rise of 9% in sales and just over 6% growth in price.

There are currently 1493 homes for sale, which is a 2.6 month supply of inventory.

🏘For Townhouses, there were 387 sales, and the average sales price was $556k

A growth of 15% for sales and 1.5% for prices.

With 576 townhomes currently for sale we have a 1.5 month supply.

🏦In the apartment market, we saw 194 sales with an average price of $448k.

5% more sales than last March, and a price increase of 8%.

With 463 apartments for sale that gives us a 2.4 month supply on the market.

Curious about what's going on in your neighbourhood? Drop me a line and I'll pull the numbers for you.

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