The rural and semi-rural communities in our primary service area continue to set new record for both sales numbers and price increases. This is especially true for communities within commuting distance of Ottawa.
At the same time COVID-19 has seen a large number of people working from home and many fewer cases in the rural area areas. Buyers are also migrating this way looking for more affordable homes, quiet and safe communities. Many older homes lack the open concept design and are very suitable for home offices especially where privacy is needed.
We have seen the bidding wars of summer taper off. Fewer buyers bidding against each other and, in some cases, bidding wars are not happening. We are also starting to see some expired listings for the first time this year- most of the time that is due to over-pricing the home.
This is also due to the time of year and buyer fatigue (losing out too many times). Buyers are beginning to look towards the spring market.
Click on the name of the community below to see a short video on the latest year to date market information for that community. These videos cover 22 communities.
Kemptville Area Russell-Embrun
South Dundas Cardinal-Merrickville
Metcalfe-Osgoode-Vernon-Carlsbad Springs
North Gower-Kars-Burritts Rapids
If you have any questions or if you need information on a community not shown here, give us a call or text at 613-897-6839 and we will be happy to help you out.
If you have questions, we have answers. The Beardsley Team, Bev and Keith Beardsley, Sales Representatives and also “Seniors Real Estate Specialists” with Royal LePage Team Realty (Brokerage). How can we help you today? Call or text 613-897-6839. We serve the many rural communities surrounding Ottawa. Check our client reviews on www.BeardsleyTeam.ca. We Know Country!
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Beardsley Real Estate Team Blog 