Ottawa
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Ottawa Real Estate
Ottawa is one of Chicago's far outlying suburbs, located 80+ miles southwest of the city. It is surrounded by farmland and greenery, with a concentration of development at the meeting point of the Fox and Illinois rivers. Although Ottawa is rich in history, the residential real estate market in this suburban setting offers much in the way of new construction homes and condominiums, plus a large inventory of nineteenth century designs. Higher end prices in Ottawa hit the $500,000s and $600,000s, however there are a lot of properties with more affordable values. Home buyers will discover a good range of two to four bedroom houses in Ottawa listed in the mid-$100,000 price range with smaller, aging frame and brick homes available for five-digit values.
Ottawa market trends
Average sales price
The average sale price of a home in Ottawa is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Ottawa sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in Ottawa spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Ottawa sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in Ottawa is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Ottawa sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in Ottawa is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Ottawa sign up for the trends report below or contact your Dream Town broker.
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Thinking about making a move? Be prepared with a comprehensive look at the area market, delivered directly to your email every month. And don’t forget to contact your Dream Town broker if you’d like to discuss what this data means for your next move!