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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 · August 2026
Last updated 2026-09-03

The Ottawa market, decoded.

As of August 2026, Ottawa sales slowed sharply while prices held relatively steady, giving buyers more time and sellers more competition.

Ottawa's softer sales pace calls for careful local pricing, especially in apartment and higher-inventory markets.

Avg price
$688,253
up 0.3% YoY
Median price
$622,357
down 1.2% YoY
Median DOM
29 days
vs 28 last year
Months inventory
4.5
up from 3.5 in July
Source: Ottawa Real Estate Board and CREA August 2026 statistics
Month: August 2026
Date updated: 2026-09-03

Avg sale price — trailing 12 months

Average sale prices over the trailing 12 months moved from $678k in September 2025 to $688k in August 2026, with a low of $641k in December and a 12-month average of about $684k.

12-mo low
$641k
12-mo avg
$684k
12-mo high
$734k
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 August 2026 data shows softer demand within broadly 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