Does it matter when I buy or sell?
Does it matter when I buy or sell?” This is one of the most common questions that I answer.
‘A picture is worth a thousand words’ so I’ve attached a graph indicating the number of residential units sold by month (includes condominium).
There are varied influences affecting the decision making process. The sale of owner occupied property in the Ottawa market tends to run hottest through the spring and early summer. Much of this is driven by the desire by parents to move in June, July or August so as not to disrupt their children’s school year. The child can finish in one school and start fresh in another.
And some moves are prompted by buyers and sellers that get ‘bitten by the bug’. You know the feeling, -its been a long, dark, cold winter and now the birds are singing and the days are longer and the winter clothes are packed away. You wake up one morning, look around and say “We need more room” or the reverse “the kids are gone, this place is taking too much of our time to maintain. Why don’t we sell and get a condo downtown?”
Call me if you would like more information on how this affects your bottom line. Thanks, Gerard 613-788-2107
Attachment(s): Units sold by Month.JPG