Is it my imagination, or are prices in Ottawa finally heading down? Houses in Westboro seem to be listed high, taken off the market, and then relisted at more reasonable values.

  • Thrillhouse@lemmy.ca
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    1 year ago

    A house near mine in Queensway Terrace North just sold and it is the same model as mine. Upgrades seem comparable. 4 bed 2 bath.

    We purchased our home October 2021 for $750.

    This house just listed at $849.9 and sold at $820.

  • matchbox009@lemmy.ca
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    1 year ago

    I’ve seen it too for some homes (relisting lower) - unsure if the market is falling or just flat.

    • sbv@sh.itjust.worksOP
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      1 year ago

      It probably varies by neighbourhood. I’ve noticed that prices in Carleton Place have dropped further.

      • BigJim@lemmy.world
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        1 year ago

        The prices in Carleton Place were absolutely asinine. I know someone that sold a 800sqft house built in 1912 that had the foundation sinking on one side for $350k last year. The whole house sloped so bad that you couldn’t leave a ball on the floor without it rolling away. It should be a teardown but I drove by it recently and the buyers are actually living in it.

  • YurkshireLad@lemmy.ca
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    1 year ago

    For the most part, houses near me have sold for slightly under asking. Except one that strangely sold for well over asking (1M+).

  • Ranger@lemmy.ca
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    1 year ago

    It’s not necessarily what they’re listed at, but what they sell for. Use the HouseSigma app/website (free sign up) to see what price houses are selling for.