According to data from the Canadian Real Estate Association, most homes that go on the market in Canada sell within two months or less
However, how fast a home sells is influenced by many factors, and there’s no way to know 100% how fast yours will sell.
If you want an accurate estimation of how quickly your home may sell, we’ve created a market analysis tool to help you. When you input the information about your home and its location into our search engine, our system searches our database for homes listed and sold in your area. With the available market data, we can determine what your home might sell for and how long – on average – it will take to sell if you decide to put it on the market.
The House Selling Market
Some factors that will affect how quickly your home will sell include:
On the other hand, if your home just came off the Ottawa real estate market and hasn’t sold, try not to be too discouraged. Your home not selling doesn’t necessarily have anything to do with your home or the market – in reality, it could be an extremely desirable property. There can be many reasons why a home doesn’t sell, but one of the biggest reasons is that homeowners aren’t educated on how to sell their homes.
Possible reasons as to why your home isn’t selling:
After all the anticipation and build-up to list your house, it’s normal to feel disappointed that it didn’t sell. However, that doesn’t mean you can’t try again with a different technique or approach. Sometimes selling a home takes trial and error. Take some time to do more research and analyze what worked and what didn’t work. Your home will sell; you just need to stay informed, manage your expectations accordingly, and have confidence in yourself and your home. For more resources on how to sell a house that didn’t sell, fill out the form on this page for a free, no-obligation report to help educate you on the issues you may have encountered.