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Average condo prices from 2000 - Present

Ottawa Condominium Average Price History, See the Number of Sales & Percentage Increase or Decrease over Previous Year as well as how long condos have taken to sell over the years. If you're curious how much condos were selling for in Ottawa over the past 16 years, find all the numbers below.

In 2002 you can see that condo sales prices went up by a whopping 19%, but in the last few years, from 2013 till 2016 they did not go up by that much, and actually decreased in value in 2013 and 2015

YEAR # CONDO SALES AVG. PRICE % CHANGE
2000 2789 $108,363  
2001 2833 $124,462 14.8%
2002 2806 $148,151 19.0%
2003 2607 $165,299 11.6%
2004 2610 $174,323 5.4%
2005 2559 $180,961 3.8%
2006 2813 $186,389 3.0%
2007 3027 $200,215 7.4%
2008 2857 $214,061 6.9%
2009 3065 $228,618 6.8%
2010 3089 $251,801 10.1%
2011 3124 $263,860 4.7%
2012 2912 $272,123 3.1%
2013 2753 $265,027 -2.7%
2014 2538 $265,165 0.05%
2015 2595 $262,905 -0.8%
2016 2759 $265,237 0.9%
2017 3593 $270,088 1.8%
2018 4202 $275,133 1.8%
2019 4596 $301,669 9%
2020 4516 $361,337 18.8%

Taking a look at the pricing chart above, you can immediately see that the time it's taking for a condo to sell started to go up around the years 2012-2013 and in 2016 it has really spiked at 112 days for a condo to sell. It was also around the same time that you can see the prices of condos dropping for 2 or 3 years.

This page only includes the history of condo prices, if you're interested in more stats that include both homes and condos, go check out this months complete Residential Market update

The statistics above are taken from OREB MLS Stats for condos in 2016 and include all types of condos, but not condo parking spaces or lockers.

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Agent In OttawaRemax Hallmark Realty Broker
610 Bronson Ave., Ottawa ON K1S-4E6
Phone: 613-786-2632 
Text: 613-704-3301 

RE/MAX Hallmark Realty Group, Broker
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