Main Housing Stats for Ottawa, October 1, 2022. The average price for a home in Ottawa is now $653,906, a decrease of 1.5% over September, 2021. This number includes all residential houses and condos together.
The average price for a freehold house in Ottawa for September was $744,366, down 2.6%. This includes detached singles, Townhouses and Semi-Detached homes.
The average price for a condominium in September was $456,304 up 5.9%. This includes apartments, row units and stacked-style condos.
Ottawa had 777 Residential Properties sell in September 2022, down 32%. (includes freehold and condos). 533 sales were freehold, down 33%, and 244 were condo sales, down 29% over last year.
The stats above give you the long-term trend, or year-over-year sales price comparison. The table below shows you the short-term changes, or the month-over-month change in price for 2021/2022.
| Month 2022 | Price | % Change |
| January | $697,982 | 13% |
| February | $765,120 | 17.2% |
| March | $761,811 | -0.4% |
| April | $751,014 | -1.4% |
| May | $731,306 | -2.7% |
| June | $694,900 | -4.9% |
| July | $661,335 | -4.8% |
| August | $633,444 | -4.1% |
| September | $653,906 | 3.1% |
This table shows you the average price by the type of property, you can get a better comparison for your house price based on these numbers. This is sales for last month versus the same timeframe last year.
| Housing Type | Average Price |
% Change in Price |
| Single Detached | $833,013 | -5.7% |
| Townhome/Semi | $631,095 | 0.9% |
| Bungalow | $741,647 | -2.6% |
| 1 1/2 Storey | $743,528 | -2.9% |
| 2 Storey | $713,528 | -7.4% |
| 3 Storey | $751,638 | -1.4% |
| Split-Level | $742,718 | -2.8% |
| High-Ranch | $745,289 | -2.8% |
| Condo 2 Storey | $470,385 | 8.3% |
| Condo Apartment | $457,148 | 3.8% |
| Condo 3 Storey | $473,783 | -4.2% |
Last month Freehold houses took 26 days to sell versus 17 days last year and Condominiums are taking 28 days to sell versus 22 days last year.
There were 3,506 Residential Properties listed for sale at the end of last month. 2,842 were Freehold Listings versus 1,454 last year and 664 listings were condos versus 565 last year.
We are still in a Seller's Market here in Ottawa but only barely with 18 weeks of inventory. We are approaching a balanced market which will happen when we get a few more weeks of active inventory.
The Real Estate Statistics on this page are taken from sales reported by the Ottawa Real Estate Board's MLS System. We remove all of the smaller towns to make it more accurate for people looking for sales and pricing information from Orleans in the East to Kanata in the West and South to Barrhaven and Manotick.
Sold Home Prices, 1956 - Present, (including Condos)
plus % Change over Previous Year
| YEAR | AVERAGE PRICE | PERCENT CHANGE |
| 1956 | $13,351 | 0.2% |
| 1957 | $14,230 | 6.6% |
| 1958 | $15,564 | 9.3% |
| 1959 | $16,038 | 3.1% |
| 1960 | $16,791 | 4.7% |
| 1961 | $16,070 | -4.3% |
| 1962 | $15,952 | -0.7% |
| 1963 | $16,549 | 3.7% |
| 1964 | $16,563 | 0.1% |
| 1965 | $17,056 | 3.0% |
| 1966 | $18,004 | 5.6% |
| 1967 | $19,476 | 8.2% |
| 1968 | $23,329 | 19.8% |
| 1969 | $25,652 | 10.0% |
| 1970 | $26,532 | 3.4% |
| 1971 | $27,808 | 4.8% |
| 1972 | $30,576 | 10.0% |
| 1973 | $38,305 | 25.3% |
| 1974 | $46,661 | 21.8% |
| 1975 | $49,633 | 6.4% |
| 1976 | $54,623 | 10.1% |
| 1977 | $57,032 | 4.4% |
| 1978 | $59,134 | 3.7% |
| 1979 | $61,896 | 4.7% |
| 1980 | $62,748 | 1.4% |
| 1981 | $64,896 | 3.4% |
| 1982 | $71,080 | 9.5% |
| 1983 | $86,245 | 21.3% |
| 1984 | $102,084 | 18.4% |
| 1985 | $107,306 | 5.1% |
| 1986 | $111,643 | 4.0% |
| 1987 | $119,612 | 7.1% |
| 1988 | $128,434 | 7.4% |
| 1989 | $137,455 | 7.0% |
| 1990 | $141,438 | 2.9% |
| 1991 | $143,361 | 1.4% |
| 1992 | $143,868 | 0.4% |
| 1993 | $148,129 | 3.0% |
| 1994 | $147,543 | -0.4% |
| 1995 | $143,193 | -2.9% |
| 1996 | $140,534 | -1.9% |
| 1997 | $143,873 | 2.4% |
| 1998 | $143,953 | 0.1% |
| 1999 | $149,650 | 4.0% |
| 2000 | $159,511 | 6.6% |
| 2001 | $175,971 | 10.3% |
| 2002 | $200,711 | 14.1% |
| 2003 | $218,692 | 9.0% |
| 2004 | $235,678 | 7.8% |
| 2005 | $244,532 | 3.8% |
| 2006 | $255,889 | 4.7% |
| 2007 | $272,618 | 6.4% |
| 2008 | $290,366 | 6.6% |
| 2009 | $303,888 | 4.9% |
| 2010 | $327,225 | 7.7% |
| 2011 | $343,284 | 4.9% |
| 2012 | $351,792 | 2.3% |
| 2013 | $357,348 | 1.6% |
| 2014 | $361,707 | 1.2% |
| 2015 | $367,632 | 1.7% |
| 2016 | $371,901 | 1.2% |
| 2017 | $392,474 | 5.4% |
| 2018 | $407,571 | 3.8% |
| 2019 | $441,693 | 8.4% |
| 2020 | $529,675 | 19.9% |
| 2021 | $719,605 | 35.8% |
The Sold Stats by neighbourhood are taken from our local Ontario Real Estate Board (OREB).