March rewind: Happy April! I hope you all enjoyed the Easter weekend with friends and family. I spent my Easter weekend trying to bake mini eggs into any pastry form possible. I know I’m a little late sending out this newsletter but the time has been flying! Better late than never… right?!
Last month was the kick-start to our Spring real estate market. As the snow starts melting, you’ll notice more and more “For Sale” signs in lawns. And even more, signs going from for sale to SOLD. Things are heating up and they’re not going to stop there! Now is a great time to get that pre-approval or home-evaluation that you’ve been putting off. Luckily for you, I can help.
In Ottawa news, isn’t patio season around the corner?! Last year I was on a patio by April 10th (according to Instagram). Who wants to take bets on when the patios will start opening again?
My bet is April 30th. You owe me a beer if I’m right.
Spring Home & Garden Show
Each year, the Spring Home & Garden Show at the EY Centre is always a packed event. This year was no different!
I enjoyed seeing the new home trends and chat with different industry professionals.
Thank you to everyone who came to say hi at my booth! I’m looking forward to the next one.
Ottawa Real Estate – March 2018 Fast Facts
Last Month’s Real Estate News & Highlights
During the month of March 2018, members of the Ottawa Real Estate Board sold 1,660 residential properties, compared to 1,478 in Mar 2017, an increase of 14.4% in the number of properties sold vs the previous year.
It took an average of 68 days for properties of all types to sell in March 2018 which is 14 days faster than the average in Mar 2017 and 9 days faster than the month before, Feb 2018.
Of these 1,660 sales, 1,302 were freehold houses, and 358 were condominiums.
The average sales price for a freehold house sold in March 2018, was $447,516 showing an increase of 8.0% over Mar 2017. While condominium average prices rose 0.7% from last year to $275,592.
Things to do around town this month!
Apr 5- Marc Adornato’s Ruined Landscapes Vernissage @ Diefenbunker
Apr 7- Runway for HOPE Ottawa for CHEO @ EY Centre
Apr 19- Awesome Ottawa’s 100th Grant Party @ Shopify
Apr 19-22- Poutinefest @ City Hall
Apr 21- Healthy Brain and Body Show @ EY Centre
Apr 28- Palooza Beer Pong Festival @ Aberdeen Pavillion
If you want more information on these, please let me know!
Would you like to find out more about the upcoming 2018 real estate trends? Do you know anyone who’s looking to BUY or SELL a home this year?Drop me a line.
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