Well, it depends on who you talk – or better – who is representing you!

The February 2009 statistics are in and here are the results:

In January and February of this year, the average home or condo in the Ottawa and Kanata real estate market sold in 40 days. This is up from 25 days last summer.

However, the average home or condo sold by the Renaud Otten team sold in only 22 days – a full 2 1/2 weeks quicker! This is down from the 25 day average of last summer.

So, is the Ottawa and Kanata real estate market up or down in 2009? Contact the Renaud Otten team and it is UP!

For more information about current market trends, or to view our hot new listings, simply click on the link below:

Ottawa and Kanata real estate market statistics and hot new listings