Long Fields - 18 James Long Court
$364,900

In The News

January Sales Set Pace For Quieter, But Still-Brisk 2008

February 7, 2008 : Members of the Ottawa Real Estate Board sold 654 residential units in January through the Board’s Multiple Listing Service® system compared with 764 in January 2007, a decrease of 14.4 per cent. There were 583 sales in December 2007.

“As predicted by the Canadian Real Estate Association, home sales are expected to level off to roughly 2006 levels this year,” said Board President Heather Skuce. “January’s numbers are right in line with what we saw in 2006, which is still the second-strongest year on record. When you put it into context, there were 647 sales in January 2006, so this number is right on track with expectations,” Skuce added.

The average price of residential properties, including condominiums, sold in January in the Ottawa area was $284,340, an increase of 9 per cent over January 2007. The Board cautions that average price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average price is calculated based on the total dollar volume of all properties sold.

The Ottawa Real Estate Board is an industry association of 2,360 sales representatives and brokers in the Ottawa area. Members of the Board are also members of the Canadian Real Estate Association and thus are entitled to use the term REALTOR®.

The MLS® system is a member based service, paid for by the REALTOR® members of the Ottawa Real Estate Board. The MLS® mark symbolizes the cooperation among REALTORS® to effect the purchase and sale of real estate through real estate services provided by REALTORS®. MLS® commercial and residential listings are available for viewing on the Board’s internet site at www.OttawaRealEstate.org and on the national websites of The Canadian Real Estate Association at www.mls.ca and www.ICX.ca. Information about listings and open houses is also available in the Board’s weekly newspaper, Ottawa Real Estate Guide, available free at 700 locations across the Ottawa area. (Reprinted with permission from the Ottawa Real Estate Board.)

Contact Us

Share |

About Our Team: Our Proven Track Record Current Market Statistics Resource Centre: News, Articles & Free Reports Moving Truck: Book it Now -Free Blogs & Other Sites Relocation Guide Ottawa Business Directory: How to Have a Stress Free Move! Referrals"" Testimonials
"Extremely satisfied with all respects of the services provided to us by your entire team. Professionalism at the highest standard."

-Allen & Karen O'Hanley
"Selling a home is not an easy process. The people at the Renaud Otten Team made everything so easy. I would like to thank everyone there for the great work done!"

- Kim Hwang
"The Renaud Otten Team shared our thrill and enthusiasm in finding our "dream" home."

-Jim & Barbara Johnson-lafelice
"We were looking to buy our first home as we have a baby due in August. We found everyone at the office very friendly and helpful. Our buyer representative did an excellent job in helping us find the perfect home! ..."

-Jennifer Madge
"You guys are A1!!! When you are doing the best, better is hard to do. Thank you for everything you did for us."

-John & Salma Rahim
"We would like to take this opportunity to thank the Renaud Otten Team for the professional and expeditious work done in order to get our home sold. No sooner did we introduce ourselves, we congratulated each other within the week for completing the sale of our home."

-Bob Jarrett & Angela DiGiacomo
"Your team approach was recommended to me as being the most effective and efficient in the city. Everything was done well, thank you."

-Linda Russell
"What did we value the most from your team? Follow-up and great customer service!"

-Rosa Pace
"We really valued the time and effort you put into making the sale of our home a priority and the buying of our "dream" home a reality! You and your team were wonderful at communicating with us on a regular basis and being available for any needs that we had. Thanks again."

-Brenda & Chris Scott
"The individual attention given to each and every aspect of the sale of our house, from support literature to important closing strategies. We were so pleased that The Renaud Otten Team took the extra steps to realize a successful transaction. ..a very professional team which we would call upon again."

- Tom & Diane Illing