Main Housing Stats for Ottawa, December 1, 2023. The average price for a home in Ottawa (including residential homes and condos) is now $635,574, a decrease of 0.3% over November, 2022.
The average price for a freehold house in Ottawa for November was $725,187, up 0.5%. This includes detached singles, Townhouses and Semi-Detached homes.
The average price for a condominium in Ottawa for November was $431,727 up 1.5%. This includes apartments, row units and stacked-style condos.
Ottawa had 577 Residential Properties sell in November 2023, down 3.7%. (includes freehold and condos). 401 sales were freehold, down 6.5%, and 176 were condo sales, up 3.5% over last year.
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 | $802,383 | 0.8% |
| Townhome/Semi | $621,357 | 1.1% |
| Bungalow | $737,839 | 1.6% |
| 1 1/2 Storey | $661,500 | -8.5% |
| 2 Storey | $717,259 | -2.9% |
| 3 Storey | $814,444 | 14.8% |
| Split-Level | $662,544 | -8.6% |
| High-Ranch | $601,286 | -16.8% |
| Condo 2 Storey | $394,961 | -10.0% |
| Condo Apartment | $440,434 | 1.9% |
| Condo 3 Storey | $424,444 | 2.8% |
The tables below shows you the short-term changes, or the month-over-month change in price for 2022 and 2023.
For 2022 you can see that the year started off with some big gains in average prices and then prices started to decrease for most of the rest of the year. 2023 shows us some stabilization in prices for the start of the year.
| 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 | -2.6% |
| June | $694,900 | -4.9% |
| July | $661,335 | -4.8% |
| August | $634,444 | -4.1% |
| September | $653,906 | 3.1% |
| October | $635,395 | -2.8% |
| November | $637,698 | 0.4% |
| December | $620,538 | -2.7% |
| Month 2023 | Price | % Change |
| January | $621,291 | 0.1% |
| February | $622,568 | 0.2% |
| March | $648,857 | 4.2% |
| April | $696,122 | 7.3% |
| May | $686,249 | -1.4% |
| June | $679,139 | -1.0% |
| July | $696,642 | 2.6% |
| August | $658,981 | -5.4% |
| September | $672,873 | 2.1% |
| October | $653,999 | -2.8% |
| November | $635,574 | -2.8% |
| December |
Last month Freehold houses took 31 days to sell versus 27 days last year and Condominiums are taking 34 days to sell versus 29 days last year.
There were 1,871 Residential Properties listed for sale at the end of last month within our territory. 1,307 were Freehold Listings and 564 were Condominium Listings.
With an inventory of 1,871 homes and 577 sold, there are 3.2 months or 12.9 weeks of supply which translates to a Seller's Market.
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 | $645,976 | 22% |
| 2022 | $691,528 | 7% |
The Sold Stats by neighbourhood are taken from our local Ontario Real Estate Board (OREB).
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 and Stittsville in the West and South to Barrhaven and Manotick.