A total of 102 resale homes were listed in Stittsville on the Board’s MLS® system in the month of May (96 residential & 6 condominium) compared with 105 in April and 103 at the same period last year.
More homes have sold last month compared to the month of April. The total number of resale homes sold last month increased slightly with a total of 74 properties (71 residential & 3 condominium) sold in Stittsville in the month of May through the board’s Multiple Listing Service compared with 62 in the month of April. At the same period last year a total of 67 (63 residential and 4 condominium) resale properties sold.
Most sellers probably noticed their homes took a little longer to sell last month as the average number of days a house sat on the market in the month of May was 27 days, a slight increase from April's average of 21 days on the market. Overall, properties seem to be taking a little longer to sell with the summer months approaching. Refer to the following table for a statistical breakdown of homes listed in May based on price range.
Table 1: Freehold Residential Properties Listed in May, 2012
Stittsville Market Statistics-Categorized by Price Range
Information above is from the Ottawa Real Estate Board as of June 18th, 2012
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