Monthly OREB Market Report

Ottawa Real Estate Market

Follow the Ottawa housing market with current prices, sales, inventory and market activity. This page updates monthly using the latest available OREB data.

Current Snapshot
Latest reporting month:
August 2026

Current market status

Balanced market

Supply and demand are relatively aligned, creating balanced conditions for buyers and sellers.

Average house price in Ottawa
$688,253

Latest average residential sale price.

Year-over-year price change
+0.3%

Change compared with the same month one year ago.

Homes sold
1,002

Residential sales reported for the latest month.

Year-over-year sales change
-18.6%

Change in completed sales from one year earlier.

Days on market
29.0

How long homes are taking to sell on average.

Months of inventory
4.5

An indicator of the balance between supply and demand.

Updated automatically when the newest monthly market report is available.

12-Month Movement

Ottawa House Price Trends

See how the average house price in Ottawa has moved over the last twelve reporting months instead of relying on a single monthly figure.

Ottawa price trends

August 2026
Average priceBenchmark price
Ottawa price trendsMonthly OREB data from January 2026 through August 2026.$851K$783K$716K$648K$581KJan 26Mar 26May 26Jul 26Aug 26January 2026 — Average price: $641,436February 2026 — Average price: $662,773March 2026 — Average price: $692,584April 2026 — Average price: $712,184May 2026 — Average price: $721,270June 2026 — Average price: $733,648July 2026 — Average price: $824,769August 2026 — Average price: $688,253January 2026 — Benchmark price: $606,700February 2026 — Benchmark price: $615,400March 2026 — Benchmark price: $617,700April 2026 — Benchmark price: $629,800May 2026 — Benchmark price: $635,300June 2026 — Benchmark price: $632,200July 2026 — Benchmark price: $634,000August 2026 — Benchmark price: $637,700
Ottawa price trends
MonthAverage priceBenchmark price
January 2026$641,436$606,700
February 2026$662,773$615,400
March 2026$692,584$617,700
April 2026$712,184$629,800
May 2026$721,270$635,300
June 2026$733,648$632,200
July 2026$824,769$634,000
August 2026$688,253$637,700

Monthly price movement across the latest twelve-month reporting period.

Demand and pace

Ottawa Real Estate Sales and Market Activity

Compare transaction volume, selling time and total dollar volume to understand whether activity is strengthening, slowing or remaining stable.

Monthly home sales

August 2026
Monthly home salesMonthly OREB data from January 2026 through August 2026.1.8K1.3K8894440Jan 26Mar 26May 26Jul 26Aug 26January 2026: 610February 2026: 780March 2026: 1,075April 2026: 1,336May 2026: 1,616June 2026: 1,518July 2026: 714August 2026: 1,002
Monthly home sales
MonthHomes sold
January 2026610
February 2026780
March 20261,075
April 20261,336
May 20261,616
June 20261,518
July 2026714
August 20261,002

Monthly residential sales activity.

Median days on market

August 2026
Median days on marketMonthly OREB data from February 2026 through August 2026.30.127.324.521.718.9Feb 26Apr 26Jun 26Aug 26February 2026 — Days on market: 24.0March 2026 — Days on market: 21.0April 2026 — Days on market: 21.0May 2026 — Days on market: 20.0June 2026 — Days on market: 22.0July 2026 — Days on market: 25.0August 2026 — Days on market: 29.0
Median days on market
MonthDays on market
February 202624.0
March 202621.0
April 202621.0
May 202620.0
June 202622.0
July 202625.0
August 202629.0

How the pace of home sales has changed.

Monthly dollar volume

August 2026
Monthly dollar volumeMonthly OREB data from February 2026 through August 2026.$1.3B$961.6M$641.1M$320.5M$0Feb 26Apr 26Jun 26Aug 26February 2026: $516,962,725March 2026: $744,528,333April 2026: $951,478,109May 2026: $1,165,571,573June 2026: $1,113,677,163July 2026: $588,884,896August 2026: $689,629,525
Monthly dollar volume
MonthDollar volume
February 2026$516,962,725
March 2026$744,528,333
April 2026$951,478,109
May 2026$1,165,571,573
June 2026$1,113,677,163
July 2026$588,884,896
August 2026$689,629,525

The total value of reported residential sales by month.

Supply and competition

Ottawa Listings and Inventory

Inventory shows how much choice buyers have and how much competition sellers may face at the current pace of sales.

Active listings
4,496
New listings
2,119
Sales-to-new-listings ratio
47.3%
Sale-to-list ratio
97.9%

Months of inventory

August 2026
Months of inventoryMonthly OREB data from January 2026 through August 2026.4.74.23.83.32.8Jan 26Mar 26May 26Jul 26Aug 26January 2026 — Months of inventory: 4.4February 2026 — Months of inventory: 3.8March 2026 — Months of inventory: 3.3April 2026 — Months of inventory: 3.4May 2026 — Months of inventory: 3.0June 2026 — Months of inventory: 3.3July 2026 — Months of inventory: 3.2August 2026 — Months of inventory: 4.5
Months of inventory
MonthMonths of inventory
January 20264.4
February 20263.8
March 20263.3
April 20263.4
May 20263.0
June 20263.3
July 20263.2
August 20264.5

The estimated time needed to sell current inventory at the existing sales pace.

Property Type Comparison

Ottawa Home Price Benchmarks by Property Type

City-wide averages can hide meaningful differences. Compare the latest benchmark for single-family homes, townhouses and apartments.

01

Single-family home

Latest benchmark for a typical single-family property.

$726,700
02

Townhouse

Latest benchmark for a typical townhouse property.

$547,300
03

Apartment

Latest benchmark for a typical apartment property.

$392,900

What does the Ottawa market mean for your property?

City-wide numbers are a starting point. Get a local evaluation based on recent comparable sales, current competition, your property type, and buyer demand today.

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