As of July 2026, the Ottawa Real Estate Board reported 1,325 residential sales in the Ottawa area. The average sale price was $683,308, the median was $635,000, and the composite benchmark price was $634,000. There were…
As of July 2026, the Ottawa Real Estate Board reported 1,325 residential sales in the Ottawa area. The average sale price was $683,308, the median was $635,000, and the composite benchmark price was $634,000. There were 4,678 active listings and 3.5 months of inventory. Those figures point to a generally balanced market, but conditions vary meaningfully by neighbourhood and property type. The answer to this question depends on whether you are looking at detached homes, townhouses, condos or a specific part of the city.
Current days-on-market context
In July 2026 the median time on market was 28 days across Ottawa, up from 24 days a year earlier.
Why some homes sell much faster
Accurate pricing, strong presentation, desirable location and scarce competition can still produce fast sales.
Why listings sit
Overpricing, poor condition, awkward layouts or heavy competition can extend market time.
Property type matters
Ottawa apartment condos were softer in July 2026, with a median of 41 days on market.
What sellers should watch
The first two weeks provide valuable feedback. Showing activity and buyer comments can tell you whether the issue is price, presentation or positioning.
A practical next step
Market-wide statistics are useful, but the number that matters most is the one for the property type and neighbourhood you are actually considering. A local Ottawa agent can pull recent comparable sales and active competition for a more precise view.