Are Ottawa Properties Selling Close To Or Above Their Listing Price?
Below are the close price-to-list price ratio (CLR) figures from January 2024 to February 2024. The CLR rates among most residential properties increased from January 2024 to February 2024. In the condo market, the CLR rate for 2-storey townhomes increased slightly more compared to the other condo types between January 2024 and February 2024.
AVERAGE CLOSE PRICE-TO-LIST PRICE RATIO
RESIDENTIAL
| Property Type | January 2024 | February 2024 |
| 1 1/2-Storey Detached | 95.5% | 98.1% |
| 2-Storey Detached | 97.3% | 98.3% |
| Bungalows | 97.6% | 98.2% |
| Hi-Ranch | 97.5% | 99.4% |
| Semi-Detached | 97.6% | 98.6% |
| Split-Level Detached | 97.2% | 97.7% |
| 2-Storey Townhome | 97.8% | 98.7% |
| 3-Storey Townhome | 99.2% | 99.1% |
AVERAGE CLOSE PRICE-TO-LIST PRICE RATIO
CONDO
| Property Type | January 2024 | February 2024 |
| Apartment | 97.7% | 97.8% |
| 2-Storey Townhome | 97.4% | 98.9% |
| Stacked Townhome | 97.3% | 97.8% |
Source: Ottawa Real Estate Board
