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.
The current Ottawa price picture
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.
Average, median and benchmark are different
Average price can move when the mix of homes sold changes. Median is the midpoint of sales, while benchmark indexes try to represent a typical property. Use more than one measure.
Property type matters
In July 2026 single-family activity was firmer than the condo-apartment segment, which had more inventory and longer selling times.
Neighbourhood data matters even more
City-wide figures are useful for context, but a buyer or seller should compare recent sales of similar homes in the immediate area.
How to use the number
Buyers can use it to frame expectations; sellers should not use it to price a specific property without comparable sales.
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.