March 2026 Newsletter – Staying in Touch

March 2026 Newsletter – Staying in Touch

Read the full issue of March 2026 Newsletter – Staying in Touch

Maple sugar on snow

Happy March, St. Patrick’s Day & Easter!

The weather has us all wondering what is coming next. . . but Spring and more daylight is almost here in March. Time to tune up bikes, plan gardens & make vacation plans!

Overall in February there were 780 residential properties sold in Ottawa, more than Jaunary’s 610 sales but down 6.8% from February 2025. There were 2,928  properties (all housing types) on the market at the end of February, an increase of 11.1% year over year. This increase in supply is giving buyers more properties to consider and reducing urgency, again depending on neighborhood and style of home. The average price for all sold properties in February in Ottawa was $662,773, down 1.0% year over year. Months of inventory is down to 3.8 months from 4.4 months in January.  For more market information read our 50 Years of Change and our newsletter.

If you’re ready to sell or purchase, follow your plan and you will be successful. Responsible and affordable ownership is our goal for our clients. Real estate provides unique benefits beyond other financial assets. Whether you are thinking of selling or purchasing this year or next, we would be happy to consult with you to make a plan.

This month we’ve included:

We are also continuing to support Royal LePage’s Shelter Foundation for women and children. The Royal LePage Shelter Foundation creates safer homes and safer communities by funding women’s shelters and violence prevention programs across Canada. Every dollar raised goes directly to helping the more than 50,000 women and children who are served each year by the shelters and support programs.

As always feel free to call and email with any questions or to chat, we would love to hear from you.

 

Joan, Victoria & Luc

Contact Us  

 

Follow us on:

   @JoanSmithRealEstateFamily         @JoanSmithRealEstateFamily

   Mrs. Joan Smith       The Joan Smith Real Estate Family

 

Tags: