Ottawa Real Estate Market Report - October 2026

Ottawa Real Estate Market Shows Resilience with $623,500 Benchmark Price

The Ottawa real estate market remains robust, with the MLS® HPI composite benchmark price reaching $623,500 as reported by the Ottawa Real Estate Board for September 2026. This figure underscores the market's stability amidst fluctuating economic conditions.

Price Breakdown by Property Type

What This Means for Buyers

With 4,426 active listings and 1,940 new listings in the last 30 days, buyers have a substantial inventory to choose from. The absence of townhouses and the dominance of house and condo listings suggest that buyers should focus their search on these property types. The wide list price range, from $1 to $12,000,000, indicates opportunities across all budget levels. Buyers should act swiftly, as the 1,010 sales in September 2026 suggest a competitive market.

What This Means for Sellers

Sellers benefit from the $623,500 benchmark price, reflecting strong property values. With 1,010 sales in September 2026, demand remains high, particularly for houses and condos. Sellers should price competitively to attract interest, especially given the influx of 1,940 new listings in the past month. Highlighting unique property features could differentiate listings in this active market.

30-Second Takeaway

• The MLS® HPI composite benchmark price is $623,500.
• Active listings total 4,426, with 1,940 new listings in the last 30 days.
• Houses and condos dominate the market, with 2,400 and 1,252 active listings, respectively.
• There were 1,010 sales in September 2026, indicating strong buyer activity.
• Sellers should capitalize on current demand and maintain competitive pricing.