Ottawa Real Estate Market Updates 2021
Main Housing Stats for Ottawa, July 03 2021: OREB Members sold a total of 1524 Residential Properties in June 2021, up 6%. (includes freehold and Condos). 1063 were freehold house sales, up by 2.51% and 461 were condo sales, up by 15% over last year
The average price for all residential homes last month, which includes houses and condos was $682,069, an increase of 22.2% over 2020.
- Average Freehold House Price in Ottawa is $787,294 up 24.6%
- Average condominium price in Ottawa now $439,434, up 19.8%
Time Stamps:
0:00 Introduction
0:55 General Stats for all of Ottawa
3:03 Orleans Market Update
4:30 Barrhaven Market Update
6:08 Kanata Market Update
Average House Price by Month, 2021
House prices in 2021 with the
percent change for each month
| Month 2021 | Price | % Change |
| January | $606,459 | |
| February | $654,000 | 7.8% |
| March | $681,673 | 4.2% |
| April | $686,608 | 0.7% |
| May | $678,320 | -1.2% |
| June | $682,069 | 0.5% |
| July | ||
| August | ||
| September | ||
| October | ||
| November | ||
| December |
Average SOLD Prices by Property Type
Average prices for different types of Freehold
& Condominium class properties last month
| Housing Type | Average Price |
% Change in Price |
| Townhome/Semi | $ | % |
| Bungalow | $775,392 | 20.7% |
| 1 1/2 storey | $699,871 | -0.8% |
| 2 storey | $786,922 | 27.62% |
| 3 storey | $870,939 | 21.3% |
| Split-Level | $802,113 | 18.8% |
| High-Ranch | $674,213 | 38% |
| Condo 2 Storey | $415,355 | 20.69% |
| Condo Apartment | $446,935 | 17.1% |
| 3 Storey Condo | $537,029 | 25.9% |
How long to sell a Home in Ottawa?
Last month Residential houses took 13 days to sell versus 16 days last year and Condominiums are taking 18 days to sell versus 22 days last year. The days quoted are Cumulative Days on the Market (more accurate)
Inventory Levels
There were 2209 Residential Properties listed for sale at the end of last month. 1764 were Residential Freehold Listings, up 20.7% over last year and 445 listings were condos, up 1.1% over same month last year
Buyer's or Seller's Market?
We are currently in a Sellers' Market here in Ottawa with multiple offers and sales over asking price happening all across the City, we are maybe seeing it calm just a little in the last week or two.
The Real Estate Statistics on this page are taken from sales reported by the Ottawa Real Estate Boards 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.
What's Your Home Worth?
Historical Average SOLD Prices
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 | 3.9% |
| 2019 | $465,221 | 14% |
| 2020 | $529,675 | 13.8% |
Sold House Prices in Ottawa
The Sold Stats by neighbourhood are taken from our local real estate board (OREB).
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