09/08/2026
OTTAWA REAL ESTATE MARKET UPDATE | AUGUST 2026
August brought an interesting shift in Ottawa’s real estate market.
Sales were down compared with last year, but prices remained surprisingly resilient. At the same time, buyers had more homes to choose from, giving them more time to compare their options and negotiate.
Here are a few numbers that stood out:
📊 1,002 residential sales
🏠 4,496 active listings
📈 $688,253 average price
⏳ 4.5 months of inventory
📅 29 days median days on market
💰 97.9% sale-to-list price ratio
The biggest takeaway?
Ottawa is rebalancing — not collapsing.
Buyers have more choice, while sellers need to be more strategic about pricing, presentation, and positioning.
As we move into the fall, we’ll be watching how quickly new listings are absorbed and whether buyer activity starts to pick up.
Whether you're thinking about buying, selling, investing, or simply wondering what the market means for your property, understanding the numbers is a great place to start.
Want to know what these trends mean for your specific neighbourhood or property? Let's talk.