09/15/2026
Ottawa’s August real estate numbers are in — and the market definitely cooled compared with last year. 🏡📊
Sales were down 18.6% year over year, while active listings were up 11.3%, giving buyers more choice and a little more breathing room. At the same time, prices remained relatively steady, with the average sale price at $688,253, up 0.3% from August 2025.
A few key takeaways:
• 1,002 homes sold
• 2,119 new listings
• 4,496 active listings
• 4.5 months of inventory
• 47.3% sales-to-new-listings ratio
• 29 days median time on market
By property type, detached/single-family benchmark prices were up 2.2%, while townhomes were down 4.0% and apartments were down 3.6% year over year.
For buyers, this means more selection and less pressure. For sellers, pricing and presentation matter more than ever heading into the fall market.
Thinking about buying, selling, or just wondering what your home may be worth in today’s market? Send me a message anytime.
📞 613-897-5593
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