Average sale price for a residential-class property was $758,802, an increase of 35% from a year ago.
The average price of a residential-class property jumped 27 per cent to nearly $720,000 last month compared with February 2020.
Price ceilings on the rise: Surge in million-dollar sales pushes average Ottawa home value to new heights
Local realtors said 63 properties sold for at least $1 million last month, compared with 16 transactions valued at $1 million-plus in January 2020.
Overall, nearly 19,000 homes changed hands last year, a slight increase over 2019’s total of about 18,600.