During the month of April 2014, members of the Ottawa Real Estate Board sold 1,420 residential properties,compared to 1,569 in April last year. An decrease of 9.5% in total number of properties sold. It took an average of 77 days for a property to sell last month which is an improvement over March. Homes in April sold 22.2% quicker than in March. Of these 1,420 sales, 1,163 were houses, and 257 were condominiums. April's average price for all properties sold was $374,015. Up 0.8% from last year. The average sales price for a freehold home sold last month was $3899,541. Up 0.9% over April 2013 Condominium average prices dropped 3% compared to last year, to $258,500. 3,4494 New properties were listed for sale in April, bringing the total number of properties for sale up to 7,869 and increase of 10.1% over last year.
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