There's no other way to put it...May was spectacular.
The month of May is always a strong month for buying and selling, but this May was the best month EVER in Ottawa. 20% better than last year, and showing no signs of slowing down going into June. Average sale price was 436K for homes and 270K for condos. Almost 60% of the houses sold were between 300 and 500K, and condo sales were mostly priced between 150K and 300K. Even luxury homes, those sales priced over 1M, were double last year.
The market is on fire and it may be time for you to take advantage. Every neighborhood has a different story, so if you'd like more info on what your neighborhood is doing, or what your home or condo might be worth, give me a call. I'd be happy to get you the info.