SECOND QUARTER NEWSLETTER The momentum escalated into the spring and summer with an increase in sales in the Ottawa market! Our main focus continues to be working on business plans, implementing and improving systems in order to better service our clients! Please join & like us on the FOLEY HOMES Facebook page. With the Ottawa markets maintaining to be stable & steady, we’ve had the opportunity to represent a great group of Buyers & Sellers in fulfilling all of their real estate needs! UNITS SOLD YTD 30 AVERAGE DAYS ON MARKET 27 LIST TO SALE PRICE 98% The average sale price of residential properties, including condominiums, sold in July in the Ottawa area was $359,551, an increase of 6.6 per cent over July 2012. The average sale price for a condominium-class property was $275,189, an increase of 3.7 per cent over July 2012. The average sale price of a residential-class property was $381,156, an increase of 6.3 per cent over July 2012. The Board cautions that average sale 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 sale price is calculated based on the total dollar volume of all properties sold. "In July, there were 14 properties sold over $1 million," says Lee. "This is an 80 per cent increase in this price range over July 2012. The fact that this many properties were sold over $1 million in July definitely increases the average sale price." Source- The Ottawa Real Estate Board, July 2013. We’ve been enjoying summer to its fullest, spending time at the family cottage, swimming, golfing and lots of BBQ’s! McKenna will be attending school full time in the fall and she is very excited about that! I hope you’ve all had a great summer as well! Keep an eye out for our new & improved website coming this fall shanefoley.ca & a fresh new look to our bus bench advertisements here in Stittsville! We’ve also included a client survey in hopes you’ll help us further improve our business practices. If you know of anyone looking to BUY A HOME, SELL A HOME OR INVEST IN REAL ESTATE...please don’t hesitate to give them my name, I would love the opportunity to assist them in achieving their REAL ESTATE DREAMS!
Posted on: Fri, 09 Aug 2013 13:36:21 +0000
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