09/17/2026
🏡 Ottawa Market Update – August 2026
📊 Ottawa Market Update | August 2026
The Ottawa real estate market softened in August, with sales pulling back compared to both last year and July. At the same time, prices remained fairly steady, showing that the market is not moving in just one direction.
📊 Key numbers this month:
✅ 1,002 homes sold
✅ Average price: $688,253
✅ Median price: $622,357
✅ Months of inventory: 4.5
✅ Sales-to-new-listings ratio: 47.3%
✅ Median days on market: 29
What does this mean?
Buyers may have more breathing room and less competition, while sellers need to be strategic with pricing, presentation, and timing. Single-family homes remained the most stable segment, while townhomes and apartment-style properties continued to show more softness.
Suburban markets continued to represent more than 70% of residential sales, with Ottawa Suburb West showing the firmest absorption among the three suburban areas.
If you’re thinking about buying, selling, or simply want to understand what this means for your neighbourhood, I’d be happy to help.
📞 Camelia Dubic, Realtor
613-889-0608
Dubic
