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Ottawa market update

Ottawa market data, made practical.

Read the latest Ottawa market numbers, understand what they mean in plain English, and use them as a starting point for smarter buying, selling, or neighbourhood research.

Ottawa market · May 2026
Last updated 2026-06-05

The Ottawa market, decoded.

As of May 2026, Ottawa's market remains balanced: sales improved from April, inventory stayed elevated, and prices were relatively stable with variation by property type.

Ottawa's spring market continued its seasonal lift in May. Sales improved from April, active listings stayed elevated, and the market remains balanced with more choice for buyers and pricing discipline for sellers.

Avg price
$721,270
down 0.9% YoY
Median price
$660,000
down 1.6% YoY
Median DOM
20 days
vs 17 last year
Months inventory
3.0
balanced territory
Source: Ottawa Real Estate Board and CREA May 2026 statistics
Month: May 2026
Date updated: 2026-06-05

Avg sale price — trailing 12 months

Average sale prices over the trailing 12 months moved from $684k in June to $721k in May, with a low of $641k in December and a 12-month average of about $681k.

12-mo low
$641k
12-mo avg
$681k
12-mo high
$721k
Monthly market report

Read the latest monthly Ottawa market analysis.

Get the current citywide numbers, plain-English interpretation. Then book a free consultation and home evaluation with the Andrade Home Team and build a plan that's right for you.

Market terms, defined

DOM: DOM means days on market. It measures how long a listing takes to sell after it is listed.
Months of inventory: Months of inventory estimates how long it would take to sell current active listings at the current sales pace.
Average price: Average price is total residential sales dollar volume divided by the number of sales.
Market FAQ

Ottawa market questions

Is Ottawa a buyer's or seller's market?

Citywide May 2026 facts point to balanced conditions. Some neighbourhoods or property types can still lean more buyer-friendly or seller-friendly, so local comparable sales matter.

How often does the Ottawa real estate market change?

The market changes every week through new listings, sales, price adjustments, and buyer activity. Citywide board statistics are usually reviewed monthly here.

What do months of inventory mean?

Months of inventory estimates how long it would take to sell current active listings at the current sales pace. Lower inventory usually means tighter supply.

What does DOM mean?

DOM means days on market. It is the number of days a property is listed before it sells, and it helps show how quickly buyers are acting.

Property-level context

Want to compare the market update with actual sold prices?

Use the dedicated sold-listings page to access recent neighbourhood sales, then book a conversation with the Andrade Home Team to discuss what comparable sales suggest for your property or search.

View SOLD listing prices