October 2022 Real Estate Newsletter
Monday Oct 24th, 2022
The Ottawa real estate market has flipped over to a full-on buyer’s market! The median list-to-sale price ratio was approximately 92% for the month of September. This means many homes in the city are selling below the list price and in many cases with a conditional offer – which was next to impossible in the earlier part of this year. Interest rates remain high and are predicted to rise again before the year ends. New construction sales have also changed drastically with most builders offering design center incentives and bonuses, quick closing options and plenty of inventory to choose from. Contact me today to find out where you can get a great deal on new construction homes!
Things to do in Ottawa
Apple Picking – Visit Mountain Orchards in Kemptville for a wide variety of apple trees to pick from. They also have a shop where they sell butter tarts, pies, and fresh made donuts!
Pumpkin Inferno – Take a tour through the outdoor exhibit located in Upper Canada Village where you will see over 7000 hand crafted pumpkins lit up over a kilometer long trail. Visit their website to buy tickets online for October 17th. https://www.uppercanadavillage.com/event/pumpkinferno/ .
Fright Fest – Located on Saunders Farm, this haunted attraction offers a haunted hayride, 5 fright sites, live original shows, street theatre, arcade games, food booth, and a tavern. Check out their website for the schedule of events and tickets - https://saundersfarm.com/.
Live Sports – The Redblacks are up against the Alouettes on October 14th at TD place. The Sens VS. Washington game is the following week on the 20th at the Canadian Tire Center. Get your tickets at https://www.ticketmaster.ca/
FEATURED LISTING: 61 Madaket Private in Kanata
3 Bedroom Townhome in Kanata with a finished basement – call me today for a private showing!
As always, it would be my pleasure to assist you, your friends and family with any Real Estate needs. Please don’t hesitate to reach out with any questions!