See how house prices have changed in Central Ottawa
These stats are for the last 3 months ending May 7, 2023 compared to the same period in 2022.
- Most Sales: 76 homes sold in Centretown
- Highest Average Selling Price: $1,216,296 in the Glebe
- Largest Average Price Increase: There were no average price increases in the last 3 months.
- Largest Average Price Decrease: 18.4% in Sandy Hill
- Fastest Sales: average of 17 days on market in West Centretown/Little Italy
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 206 homes sold in the last 3 months:
- The average selling price was $737,128 with 32 days on market
- Of these, 70 sold for under $500K, while 39 sold for over $1M
- The average home price decreased in all 11 neighbourhoods
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 $488,528, a decrease of 7.3%. There were 76 home sales in Centretown versus 162 last year and it took an average of 35 days for homes to sell versus 16 days last year.
The average house price in the Golden Triangle is $698,261, a decrease of 5.8%. There were 8 home sales in Golden Triangle versus 15 last year and it took an average of 20 days for homes to sell versus 32 days last year.
The average house price in The Glebe is $1,216,296, a decrease of 15.2%. There were 24 home sales in Glebe versus 53 last year and it took an average of 25 days for homes to sell versus 22 days last year.
The average house price in Hintonburg is $782,829, a decrease of 4.8%. There were 11 home sales in Hintonburg and 20 last year and it took an average of 23 days for homes to sell versus 8 days last year.
Lower Town ByWard Market (DN 4001,4002)
The average house price in Lowertown and ByWard Market is $527,016, a decrease of 3.3%. There were 31 home sales in Lower Town versus 57 last year and it took an average of 43 days for homes to sell versus 18 days last year.
Old Ottawa South (DN 4403,4404)
The average house price in Old Ottawa South is $1,128,624, a decrease of 2.8%. There were 20 home sales in Old Ottawa South versus 26 last year and it took an average of 39 days for homes to sell versus 7 days last year.
The average house price in Sandy Hill is $495,226, a decrease of 18.4%. There were 36 home sales in Sandy Hill versus 53 last year and it took an average of 31 days for homes to sell versus 17 days last year.
Old Ottawa East (DN 4405-4408)
The average house price in Old Ottawa East is $876,143, a decrease of 14.7%. There were 14 home sales in Old Ottawa East versus 42 last year and it took an average of 20 days for homes to sell versus 15 days last year.
Glebe Annex, Civic Hospital (DN 4502-4504)
The average house price in Glebe Annex is $695,655, a decrease of 10.3%. There were 31 home sales in Glebe Annex versus 55 last year and it took an average of 33 days for homes to sell versus 20 days last year.
The average house price in Mechanicsville is $417,386, a decrease of 10.9%. There were 14 home sales in Mechanicsville versus 18 last year and it took an average of 56 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 is $662,263, a decrease of 8.8%. There were 16 home sales in West Centretown versus 33 last year and it took an average of 17 days for homes to sell versus 16 days last year.
For more information about any neighbourhood in Ottawa or to see the full history of house prices, see the link below.
