Ottawa Real Estate Market Report - June 2026

Ottawa's Real Estate Market Sees High Average Prices Amid Limited Inventory

In June 2026, Ottawa's real estate market reported an average property price of $953,760, significantly higher than the median price of $669,987. This discrepancy highlights a skew towards higher-end listings, impacting overall market dynamics.

Price Breakdown by Property Type

Implications for Buyers

With 4,493 active listings, including 2,416 houses and 1,344 condos, buyers face limited options, especially in the townhouse segment where no listings are available. This scarcity could lead to competitive bidding, particularly for properties priced around the median of $669,987. Buyers should be prepared to act quickly and consider broadening their search criteria to include both houses and condos.

The new listings count of 2,378 over the past 30 days suggests a moderately active market, but the high average price indicates a concentration in the upper market range. Buyers aiming for properties below the average price should focus on properties closer to the median price point.

Implications for Sellers

Sellers in Ottawa can leverage the high average price point of $953,760, especially those with properties in the higher price brackets. The absence of townhouses suggests an opportunity for sellers to capitalize on any townhouse listings they might have, as this niche is currently unserved.

With 2,378 new listings in the past month, competition is present but not overwhelming. Sellers should emphasize unique property features to stand out. Given the skew towards higher-end properties, sellers in this segment should focus on strategic pricing and marketing to attract buyers looking at premium listings.

30-Second Takeaway

• Ottawa's average property price is $953,760, with a significant gap from the median of $669,987.
• Active listings include 2,416 houses and 1,344 condos, with no townhouses available.
• Buyers should prepare for competitive conditions and consider a range of property types.
• Sellers can benefit from the high average price, especially in the luxury segment.