Ottawa Real Estate Market Updates 2021
Main Housing Stats for Ottawa, Oct. 04 2021: OREB Members sold a total of 1148 Residential Properties in September 2021, down 30.4%. (includes freehold and Condos). 800 were freehold sales, down 28.7% and 348 were condo sales, down 34.1% over last year
The average price for a home in Ottawa is now $629,112, an increase of 10.2%. This number includes all residential houses and condos together.
Breaking average prices down:
The average price for a freehold house in Ottawa for September was $764,424, up 13.1%. This includes detached singles, Townhouses and Semi-Detached homes.
The average price for a condominium in Ottawa for September was $433,269 up 13.1%. This includes apartments, rowunits and stacked style condos.
Time Stamps:
0:00 - 0:22 Introduction
0:22 - 2:23 Ottawa Market Update
2:23 - 3:43 Orleans Market Update
3:43 - 5:22 Barrhaven Market Update
5:22 - 6:47 Kanata Market Update
What's the Average House Price in Ottawa, by Month?
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.
| 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 | $633,683 | -7.6% |
| August | $629,112 | -0.7% |
| September | $664,039 | 5.6% |
| October | ||
| November | ||
| December |
Average Price for a home in Ottawa by Property Type
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 |
| Townhome/Semi | $625,067 | 12.9% |
| Bungalow | $780,687 | 21.4% |
| 1 1/2 storey | $679,850 | -3.1% |
| 2 storey | $761,989 | 13.2% |
| 3 storey | $785,848 | 6.9% |
| Split-Level | $781,695 | 11.8% |
| High-Ranch | $624,650 | 3.3% |
| Condo 2 Storey | $430,085 | 20.8% |
| Condo Apartment | $453,547 | 13.4% |
| 3 Storey Condo | $494,448 | 21.2% |
How long does it take to sell a Home in Ottawa?
Last month Freehold houses took 17 days to sell versus 10 days last year and Condominiums are taking 22 days to sell versus 9 days last year. The days quoted are Cumulative Days on the Market (more accurate)
Inventory Levels, how many homes are currently for sale?
There were Residential Properties listed for sale at the end of last month. 1534 were Freehold Listings vesrus 1472 last year and 504 listings were condos versus 594 last year.
Is it a Buyer's or Seller's Market?
We are in a Sellers' Market here in Ottawa, but we are seeing it calm a little. Still a sellers market, but more balanced than a few weeks ago.
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).