See how house prices have changed in Central Ottawa
These stats are for the last 3 months ending March 9, 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: $1,501,000 4-Bed, 3-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 152 homes sold in the last 3 months:
- The average selling price was $615,697 with 43 days on market
- Of these, 68 sold for under $500K, while 14 sold for over $1M
- The average home price decreased in 9 neighbourhoods and it increased in 2
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 $508,454, a decrease of 4.7%. There were 46 home sales in Centretown versus 97 last year and it took an average of 45 days for homes to sell versus 26 days last year.
The average house price in the Golden Triangle is $738,750, a decrease of 5.8%. There were 8 home sales in Golden Triangle versus 9 last year and it took an average of 46 days for homes to sell versus 44 days last year.
The average house price in The Glebe is $1,031,500, a decrease of 0.1%. There were 12 home sales in Glebe versus 23 last year and it took an average of 38 days for homes to sell versus 35 days last year.
The average house price in Hintonburg is $540,938, a decrease of 39.1%. There were 8 home sales in Hintonburg and 8 last year and it took an average of 58 days for homes to sell versus 22 days last year.
Lower Town ByWard Market (DN 4001,4002)
The average house price in Lowertown and ByWard Market is $447,500, a decrease of 21.4%. There were 19 home sales in Lower Town versus 55 last year and it took an average of 40 days for homes to sell versus 34 days last year.
Old Ottawa South (DN 4403,4404)
The average house price in Old Ottawa South is $1,023,000, a decrease of 13.3%. There were 5 home sales in Old Ottawa South versus 6 last year and it took an average of 28 days for homes to sell versus 11 days last year.
The average house price in Sandy Hill is $531,960, a decrease of 2.3%. There were 22 home sales in Sandy Hill versus 41 last year and it took an average of 47 days for homes to sell versus 39 days last year.
Old Ottawa East (DN 4405-4408)
The average house price in Old Ottawa East is $784,956, a decrease of 8.3%. There were 9 home sales in Old Ottawa East versus 23 last year and it took an average of 37 days for homes to sell versus 31 days last year.
Glebe Annex, Civic Hospital (DN 4502-4504)
The average house price in Glebe Annex is $675,957, a decrease of 7%. There were 15 home sales in Glebe Annex versus 34 last year and it took an average of 35 days for homes to sell versus 24 days last year.
The average house price in Mechanicsville is $486,300, an increase of 3.7%. There were 3 home sales in Mechanicsville versus 13 last year and it took an average of 30 days for homes to sell versus 38 days last year.
West Centretown, Little Italy, Lebreton Flats (DN 4204, 4205)
The average house price in West Centretown is $719,600, an increase of 2.9%. There were 5 home sales in West Centretown versus 23 last year and it took an average of 67 days for homes to sell versus 28 days last year.
For more information about any neighbourhood in Ottawa or to see the full history of house prices, see the link below.
