Elaine MacLean
610 Bronson Avenue Ottawa, ON K1S 4E6
Phone: 613-788-7470 Fax: 613-788-7471 Email Elaine

Welcome to RE/MAX Hallmark Realty Group


Welcome to my website! The Real Estate market is holding stable as we face  the  beginning of the Spring housing Market. Now is the time to start preparation  if you are thinking about selling your home.Call or e-mail me  for a Complimentary copy of  "Your Guide to Buying a Home" outlining  my services and beliefs.

 

Call or e-mail me to set up a Complmentary Listing Consultation. I will prepare a "Comparative Market Analysis" for you. Let's start selling your selling process with an evaluation of your home's current value based on available data!  Each home is unique and therefore requires a unique Marketing Strategy that highlights the home.Whether you are a Buyer or a Seller,it's all about you! My focus is on your complete satisfaction.  LeleLe Le Letle LetLe I iii

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Elaine MacLean

Sales Representative

RE/MAX Hallmark Realty Group,

Brokerage

610 Bronson Avenue. Ottawa, Ontario K1S 4E6

Phone: 613-236-5959 x7470

Direct Line: 613-788-7470

E-Mail: elaine.maclean@hallmarkottawa.com            

Are You Ready to Make a Move?

 

 


Need Garage Sale Signs?


Are you hosting a garage sale soon? Call Elaine today for complimentary use of garage sale signage!


March 2016 STATISTICS as per the Ottawa Real Estate Board


 

Extra day in leap year causes jump in sales for February

Ottawa, March 3, 2016 - Members of the Ottawa Real Estate Board sold 911 residential properties in February through the Board’s Multiple Listing Service® system, compared with 850 in February 2015, an increase of 7.2 per cent. The five-year average for February sales is 908.

“Although the weather was very unpredictable this month, with many highs and lows and several winter storms, the Ottawa resale market only saw activity pick up,” says President of the Ottawa Real Estate Board, Shane Silva. “Residential and condo sales combined increased by 52.3 per cent since last month. However, we need to factor in the leap year, which added an extra day to the month of February, and 46 sales on that day alone.”

February’s sales included 199 in the condominium property class, and 712 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, townhouse, etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

“In February, 2,312 homes were listed, up 26.6 per cent since January, and inventory on hand at the end of February rose by 10.7 per cent since January,” says Silva. “We’re starting to see more homes coming onto the market in preparation for the busy spring selling season. If you’re thinking of putting your home on the market, this is a great time to do so.”

The average sale price of a residential-class property sold in February in the Ottawa area was $384,632, an increase of 1.2 per cent over February 2015. The average sale price for a condominium-class property was $249,727, a decrease of 6.8 per cent over February 2015. 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.

“The highest concentration of properties sold continues to be in the $300,000 to $400,000 price range, followed by the $200,000 to $300,000 range,” says Silva. “These price ranges continue to have the highest concentration of properties sold – residential and condo – while two-storey, bungalow, and one-level condos have the highest concentration of buyers. In addition to residential and condominium sales, OREB Members assisted clients with renting 414 properties since the beginning of the year.”

 

 

 

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