July 2024 Ottawa Real Estate Stats
Numbers are pretty much holding steady pricewise from last month but are still down from last year… Sales are up a bit in terms of freehold homes but condos are still down significantly from 2023. Lots of opportunities out there with more interest rate drops expected!
Interest Rate Announcement Post
Bank of Canada lowers its key interest rate again! Now sitting at 4.5%
Not expected to have a HUGE effect on the real estate market but will certainly help those on the verge of qualifying for a mortgage and will lead to some lower payments on lines of credit… Great news overall!
OPEN HOUSE JULY 28TH
Join me this Sunday, July 28th, from 2-4 PM for an exclusive Open House at 1518 Beaverpond Dr, Unit E! Explore your future home sweet home! 🎉 #OpenHouse #RealEstate #HomeSweetHome
RankMyAgent Review
Always a pleasure to work with my clients!
#greatclients #ottawarealestate #tomsapinskilovesottawa #clientappreciation
Just purchased in no time!
This client doesn’t kid around! When you have a one-week house-hunting trip planned it’s important to be practical and active – he is always both of those. Thanks for calling when it was time to move Carl!
#ottawarealestate #ottawarealtor #ottawahomes #realestate #ottawabusiness #ottawarealestateagent #remax #Canada #ottawarealtors #ottawahomesforsale #realestateagent #realestateottawa
June 2024 – Fast Facts!
Numbers are down slightly from both last month and last year in terms of price. Great news for buyers. Days on market is pretty much holding steady at apx one month for an average sale… This could be the calm before the storm if rates continue to decline… #ottawarealestate #ottawarealtor #ottawahomesforsale #tomsapinskilovesottawa
Rank My Agent Review
What a wonderful review! This is so inspiring and truly what keeps me going! #greatclients #ottawarealestate #tomsapinskilovesottawa #clientappreciation
Home Sweet Home!
Wow! This home has so many great features! Years of memories will be made in this gorgeous backyard. Another huge thanks to E and K for their patience and perseverance. Buying and selling homes is not an easy thing to do – neither is keeping such a cool head through it all! Congrats again! #ottawarealestate #ottawa #ottawarealtor #ottawahomes #realestate #ottawalife #ottawaliving…
DetailsJust Sold in Chapel Hill!
So nice when things work out for great people! Big congrats to Erick and Kathleen on selling their first home and moving onto their next adventure!
Another home gone!
Such a great purchase, backing onto Greenspace on a HUGE LOT! Massive thanks to these longtime clients for reaching out when it was time to find a fixer upper… Some elbow grease and design work will turn this house into a wonderful home!
#ottawarealestate #ottawa #ottawarealtor #ottawahomes
#realestate #myottawa #ottawalife #ottcity #ottawaliving
#realtor #yow #ottawabusiness #ottawacity #kanata
#ottawarealestateagent #remax #ontario #ottawatourism
#orleans #ottawarealtors #canada #stittsville #ottawaeast
New Purchase!
These investor clients were referred by their daughter who worked with me years ago! Had to jump through some hurdles with the condo but everything was resolved and they’ll be taking possession this summer! Congrats!
#ottawarealestate #ottawa #ottawarealtor #ottawahomes
#realestate #myottawa #ottawalife #ottcity #ottawaliving
#realtor #yow #ottawabusiness #ottawacity #kanata
#ottawarealestateagent #remax #ontario #ottawatourism
#orleans #ottawarealtors #canada #stittsville #ottawaeast
Another house gone off the market!
Congrats to some wonderful new Ottawans moving in from Newfoundland! House hunting trips can be busy and stressful and you handled it extremely well! So happy for you both!
Rates on the move🏃♂️
For the first time since July 2023 the BOC has lowered its policy rate! The quarter point drop brings the benchmark rate to 4.75%. Not a game changer but some relief for those holding lines of credit, variable rate mortgages and home buyers…
#ottawarealestate #ottawa #ottawarealtor
#ottawahomes #realestate #myottawa #ottawalife
#ottcity #ottawaliving #realtor #yow #ottawabusiness
#ottawacity #kanata #ottawarealestateagent #remax
#ontario #ottawatourism #orleans #ottawarealtors
#canada #stittsville #ottawaeast #ottawahomesforsale
Sold!!
So nice working with some of my longest tenured clients! Huge thanks to Bryan and Susan for sticking with me all these years!
New Numbers!!
Residential numbers are down from last month but condo pricing has increased significantly… Same scenario on a yearly basis… Some investors might have been trying to stay ahead of interest rate decreases – which could lead to higher prices. Condos are a very common investment vehicle… #ottawarealestate #ottawarealtor #ottawahomesforsale #tomsapinskilovesottawa #ottawarealestate #ottawa #ottawarealtor #ottawahomes #realestate #myottawa #ottawalife #ottcity #ottawaliving #realtor #yow #ottawabusiness #ottawacity #kanata…
DetailsJust rented!🎉
Congrats to these incredible longtime clients on successfully finding a great new tenant!
#ottawarealestate #ottawa #ottawarealtor
#ottawahomes #realestate #myottawa
#ottawalife #ottcity #ottawaliving #realtor
#yow #ottawabusiness #ottawacity #kanata
#ottawarealestateagent #remax #ontario
#ottawatourism #orleans #ottawarealtors
#canada #stittsville #ottawaeast #ottawahomesforsale
Freshly unveiled on the market!
You can’t find a better spot on Beaverpond! This 3 bed, 2 bath home backs onto green fields and the outdoor pool is only steps away! You’ll love the interlock patio and fully finished basement… Offered at only $369,900! Call today!
#ottawarealestate #ottawa #ottawarealtor #ottawahomes
#realestate #myottawa #ottawalife #ottcity #ottawaliving
#realtor #yow #ottawabusiness #ottawacity #kanata
#ottawarealestateagent #remax #ontario #ottawatourism
#orleans #ottawarealtors #canada #stittsville #ottawaeast
Another beautiful condo purchased!
Great condo purchase for a great client with impeccable timing! Always so nice working with buyers and sellers that you’ve worked with in the past. Thanks for calling when it was time to move Christine!
#ottawarealestate #ottawa #ottawarealtor #ottawahomes
#realestate #myottawa #ottawalife #ottcity #ottawaliving
#realtor #yow #ottawabusiness #ottawacity #kanata
#ottawarealestateagent #remax #ontario #ottawatourism
#orleans #ottawarealtors #canada #stittsville #ottawaeast
New sales!
Thanks so much Peggy and her wonderful family. So happy the sale worked out well and we were able to get a quick closing date!
#greatclients #ottawaphotography