See how house prices have changed in Central Ottawa
These stats are for the last 3 months ending February 6, 2023 compared to the same period in 2022.
- Most Sales: 41 homes sold in Centretown
- Highest Average Selling Price: $1,074,688 in the Glebe
- Largest Price Increase: 40.5% in Mechanicsville
- Fastest Sales: average of 15 days on market in Mechanicsville
Most and Least expensive home sale in Central Ottawa
- Highest Selling Price: $2,425,000 2-Bed, 3-Bath, Condo in the Glebe
- Lowest Selling Price: $264,900 1-bed, 1-bath, Condo Apt. in Centretown
Notable Numbers for Central Neighbourhoods
Of the 139 homes sold in the last 3 months:
- The average selling price was $671,319 with 42 days on market
- Of these, 53 sold for under $500K, while 18 sold for over $1M
- The average home price decreased in 7 neighbourhoods and it increased in 4
More Comprehensive Stats for each Neighbourhood
Click on any Central Ottawa neighbourhood to see more information as well as the history of house prices for that area. DN = District Neighbourhood Code
The average house price in Centretown was $498,963, a decrease of 2.4% over 2022. There were 41 home sales in Centretown versus 102 last year and it took an average of 45 days for homes to sell versus 31 days last year.
The average house price in the Golden Triangle was $399,636, a decrease of 14.8% over 2022. There were 11 home sales in Golden Triangle versus 25 last year and it took an average of 56 days for homes to sell versus 31 days last year.
The average house price in The Glebe was $1,074,688, an increase of 9.5% over 2022. There were 17 home sales in Glebe versus 23 last year and it took an average of 38 days for homes to sell versus 33 days last year.
The average house price in Hintonburg was $666,007, a decrease of 26.8% over 2022. There were 14 home sales in Hintonburg and 9 last year and it took an average of 53 days for homes to sell versus 26 days last year.
Lower Town ByWard Market (DN 4001,4002)
The average house price in Lowertown and ByWard Market was $461,067, a decrease of 15.7% over 2022. There were 15 home sales in Lower Town versus 48 last year and it took an average of 35 days for homes to sell versus 26 days last year.
Old Ottawa South (DN 4403,4404)
The average house price in Old Ottawa South was $869,980, a decrease of 18.4% over 2022. There were 5 home sales in Old Ottawa South versus 8 last year and it took an average of 61 days for homes to sell versus 22 days last year.
The average house price in Sandy Hill was $576,500, a decrease of 1.4% over 2022. There were 16 home sales in Sandy Hill versus 41 last year and it took an average of 44 days for homes to sell versus 34 days last year.
Old Ottawa East (DN 4405-4408)
The average house price in Old Ottawa East was $873,760, a decrease of 1.8% over 2022. There were 10 home sales in Old Ottawa East versus 22 last year and it took an average of 40 days for homes to sell versus 36 days last year.
Glebe Annex, Civic Hospital (DN 4502-4504)
The average house price in Glebe Annex was $681,084, an increase of 16.3% over 2022. There were 15 home sales in Glebe Annex versus 19 last year and it took an average of 31 days for homes to sell versus 24 days last year.
The average house price in Mechanicsville was $608,417, an increase of 40.5% over 2022. There were 6 home sales in Mechanicsville versus 11 last year and it took an average of 15 days for homes to sell versus 25 days last year.
West Centretown, Little Italy, Lebreton Flats (DN 4204, 4205)
The average house price in West Centretown was $649,271, an increase of 27% over 2022. There were 7 home sales in West Centretown versus 11 last year and it took an average of 55 days for homes to sell versus 38 days last year.
For more information about any neighbourhood in Ottawa or to see the full history of house prices, see the link below.
