Year End Results!
Today, we will give you a quick update on a very popular town just outside of Ottawa and within easy commuting distance of the city. We will take a look at what is selling in the community of Greely. But first, let’s take a quick look at the overall Ottawa numbers as both the December and the year-end sales results are now in for the Ottawa Real Estate Board and the numbers are very impressive. 2017 was an excellent year.
According to a board press release, 771 residential properties sold in December through the Board’s MLS® system, compared with 711 in December 2016, an increase of 8.4 per cent. The five-year average for December sales is 687.
The total number of residential and condo units sold through the Board’s MLS® System throughout all of 2017 was 17,083, compared with 15,526 in 2016, an increase of ten per cent. Overall, residential sales volume was up 16 per cent.
The main MLS® code for Greely is 1601, there is another area surrounding Greely which is code 1605. Today we will only be looking at district 1601.
In Greely, we had 153 sales of all types of housing in 2017 compared to 139 in 2016. There were an additional 17 sales in the surrounding area. A quick summary can be found on a video HERE.
2017 further breaks down as follows: total sales of 153 equals
Homes- 153 Condos- 0
House sales break down as follows:
Detached homes= 141, Townhomes 11, Semi-detached 1
Two-story 48, Bungalows 80, Hi Ranch 6, Split level 8 plus 9 mobiles plus 2 other types
What were the price ranges in Greely?
Under $400,000= 51 sales
$400,000-500,000= 19 sales
$500,000-600,000= 30 sales
$600,000-700,000= 22 sales
Over $700,000= 33 sales
There you have it, a quick summary of the Greely market for all of 2017.
If you would like to learn more about this community view a video HERE.
If you have any questions; or if you would like to find out more about Greely; or if you have questions on the Ottawa market, Call or Text 613-897-6839. We will be happy to help you out.
If you know anyone who is thinking about buying or selling have them give us a call, we will be happy to help them out as well. If you are thinking about selling this year, we offer a FREE, NO OBLIGATION market evaluation of your home.
Bev and Keith Beardsley, sales representatives and also Seniors Real Estate Specialists with Century 21 Action Power Team. We serve the many rural communities that surround the city as well as the City of Ottawa itself. Check out our client testimonials and our service guarantee on www.BeardsleyTeam.ca. Our Facebook page is @OttawaCountryHomes. Call or text 613-897-6839.