See how house prices have changed in Central Ottawa
These stats are for the last 3 months ending April 10, 2023 compared to the same period in 2022.
- Most Sales: 46 homes sold in Centretown
- Highest Average Selling Price: $1,031,500 in the Glebe
- Largest Price Increase: 3.7% in Mechanicsville
- Fastest Sales: average of 28 days on market in Old Ottawa South
Most and Least expensive home sale in Central Ottawa
- Highest Selling Price: $2,200,000 8-Bed, 5-Bath, Detached 3-Storey in the Glebe
- Lowest Selling Price: $263,900 1-bed, 1-bath, Condo Apt. in Mechanicsville
Notable Numbers for Central Neighbourhoods
Of the 233 homes sold in the last 3 months:
- The average selling price was $672,007 with 38 days on market
- Of these, 96 sold for under $500K, while 30 sold for over $1M
- The average home price decreased in 10 neighbourhoods and it increased in 1
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 is $497,671, a decrease of 46.2%. There were 65 home sales in Centretown versus 144 last year and it took an average of 43 days for homes to sell versus 26 days last year.
The average house price in the Golden Triangle is $852,909, a decrease of 0.2%. There were 13 home sales in Golden Triangle versus 13 last year and it took an average of 36 days for homes to sell versus 27 days last year.
The average house price in The Glebe is $1,580,000, a decrease of 5.2%. There were 19 home sales in Glebe versus 49 last year and it took an average of 22 days for homes to sell versus 5 days last year.
The average house price in Hintonburg is $609,000, a decrease of 28.9%. There were 5 home sales in Hintonburg and 13 last year and it took an average of 38 days for homes to sell versus 7 days last year.
Lower Town ByWard Market (DN 4001,4002)
The average house price in Lowertown and ByWard Market is $721,900, a decrease of 35.1%. There were 26 home sales in Lower Town versus 57 last year and it took an average of 46 days for homes to sell versus 19 days last year.
Old Ottawa South (DN 4403,4404)
The average house price in Old Ottawa South is $1,331,500, a decrease of 2.5%. There were 14 home sales in Old Ottawa South versus 15 last year and it took an average of 38 days for homes to sell versus 8 days last year.
The average house price in Sandy Hill is $727,913, a decrease of 20.7%. There were 29 home sales in Sandy Hill versus 47 last year and it took an average of 33 days for homes to sell versus 27 days last year.
Old Ottawa East (DN 4405-4408)
The average house price in Old Ottawa East is $936,700, a increase of 3.7%. There were 16 home sales in Old Ottawa East versus 33 last year and it took an average of 20 days for homes to sell versus 20 days last year.
Glebe Annex, Civic Hospital (DN 4502-4504)
The average house price in Glebe Annex is $701,008, a decrease of 10.5%. There were 24 home sales in Glebe Annex versus 46 last year and it took an average of 38 days for homes to sell versus 19 days last year.
The average house price in Mechanicsville is $439,218, an decrease of 6.3%. There were 11 home sales in Mechanicsville versus 17 last year and it took an average of 46 days for homes to sell versus 27 days last year.
West Centretown, Little Italy, Lebreton Flats (DN 4204, 4205)
The average house price in West Centretown is $627,000, an decrease of 11%. There were 9 home sales in West Centretown versus 29 last year and it took an average of 43 days for homes to sell versus 24 days last year.
For more information about any neighbourhood in Ottawa or to see the full history of house prices, see the link below.