Ottawa Real Estate Market Report - February 2026

Ottawa's Average Home Price Surges to $1,120,753

Ottawa's real estate market in February 2026 is defined by a striking average home price of $1,120,753, a significant figure that sets the tone for current market dynamics. With 2,631 active listings and 1,599 new listings in the last 30 days, the market is seeing a healthy level of activity. The price range is remarkably wide, from $1 to an extraordinary $514,900,000, indicating diverse opportunities for buyers and sellers alike.

Price Breakdown by Property Type

Implications for Buyers

Buyers face a market where the average home price exceeds $1.1 million, necessitating a strategic approach. With 823 condos available, those seeking lower entry points might focus here, given the absence of townhouse options. The median price of $663,800 suggests potential affordability in certain segments, but competition remains intense. Buyers should act swiftly on new listings, with 1,599 entering the market recently, offering fresh opportunities.

Implications for Sellers

Sellers in Ottawa can capitalize on the high average price of $1,120,753, especially in the housing sector with 1,280 available properties. The wide price range suggests potential for significant returns, particularly for those with unique or high-value properties. With 2,631 active listings, standing out requires strategic pricing and marketing to attract discerning buyers. The influx of 1,599 new listings signals a competitive landscape, urging sellers to position their properties effectively.

30-Second Takeaway

• Ottawa's average home price is at $1,120,753, with a median of $663,800.
• Active listings total 2,631, with 1,599 new in the past 30 days.
• Buyers should focus on the condo market due to limited townhouse options.
• Sellers can leverage high prices but must navigate a competitive market.