Now that spring has arrived, many people are taking advantage of the nice weather to look at houses in the Ottawa area. Marketing trends show that, as the nice weather approaches, houses in the Ottawa area are selling much faster than they did over the winter.
The graph to the right shows that homes in Ottawa sold in an average of 25.15 days for the month of March. This has been steadily decreasing each month from 39.93 days in December of 2007.*
What does this information mean to you, the potential home buyer? It means that if you are truly interested in a property, you have less than a month to find it once it has been listed. Otherwise, you may lose it to another buyer!
Staying on top of the Ottawa real estate market is crucial to finding your dream home in the shortest possible time. You will also have a greater selection of homes to choose from, if you are on top of the newest listings in your preferred area of the city.
Visit http://www.ottawaproperties.com/form-reports.php to have immediate access to our free matching service for home buyers. You choose the precise criteria that you are looking for in your new home and, the minute a matching home is listed on the Ottawa MLS, we notify you of the new listing. You can be first in line to see the newly listed house and decide if it is right for you and your family. Ottawa Properties is pleased to offer our “High Energy Home Buyer Program”.
* statistics according to Ottawa Real Estate Board MLS for districts 1101-9404