02/11/2026
🏡 Ottawa Housing Market Update – January 2026
Single-Family Homes
Detached homes remained Ottawa’s most stable segment, even as winter slowed overall activity. In January, 276 homes sold, down 13.8% year-over-year. Supply stayed balanced with 4.3 months of inventory, supported by 1,177 active listings and 663 new listings—essentially flat from last year.
Prices softened slightly. The average sale price dipped to $793,874 (-3.6% YoY), while the median price held steady at $750,000. Overall, the market is adjusting gradually, with limited price shifts.
Townhomes
Townhome sales increased 6.4% YoY to 215 units, while new listings jumped 45.8% to 487, pushing active listings to 708 (+67% YoY). With supply rising, the market is shifting slightly in buyers’ favour.
Average sale price: $536,106 (-3.3% YoY)
Median price: $560,000 (-3.4% YoY)
Months of inventory: 3.3
Apartments/Condos
The apartment market showed signs of stabilization. Sales rose from 78 in December to 95 in January, while months of inventory fell to 6.8, despite a seasonal surge in new listings (312 new, 647 active).
Average sale price: $388,307 (-12.1% YoY)
Market activity suggests that while condo pricing is still adjusting, conditions may be starting to balance.
📊 Months of Inventory Snapshot
Single-Family: 4.3
Townhome: 3.3
Apartment: 6.8
What does this mean for YOU?
THINKING ABOUT SELLING?
Detached home?➡️Price it right, make it shine, and you’ll sell. The market is balanced, which means realistic pricing wins. Don’t test the market-price to sell from day one.
Townhome?➡️You’ve got competition (new listings are up 45.8%). Stand out with condition and strategic pricing. Be ready to negotiate.
Condo?➡️ Price aggressively (3-5% below recent sales). Highlight unique features. Be prepared for longer market time (60 days).
THINKING ABOUT BUYING?
Detached home?➡️ You’re not in a bidding war race. Include your conditions for financing and home inspection. Negotiate fairly. This is a healthy balanced market.
Townhome?➡️ You have options with supply increase of 45.8% =0.458 choice. Make offer with conditions, negotiate price, and don’t feel rushed.
Condo?➡️ Prices are down 12%. If you’re a first-time buyer, this is the window!