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.
Ottawa is showing stability, not a dramatic city-wide swing
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.
Year-over-year price measures are mixed
The July 2026 average price was 1.6% lower than a year earlier, while the median was unchanged and the benchmark was down 0.5%.
Inventory is higher than recent historical norms
Active listings were up 9.3% year over year, giving buyers more choice.
The condo segment is softer
Apartment inventory and days on market were higher than the city-wide picture.
What 'cooling' should mean to you
Use local segment data. A softer downtown condo market does not automatically describe a suburban detached listing.
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.