Ottawa Real Estate Board February 2026: 780 home sales; composite benchmark price $615,400

Ottawa Real Estate Board — February 2026

Ottawa Real Estate Board reports 780 home sales in February 2026 and a composite benchmark price of $615,400. The average sale price is $662,773, and active listings total 2,928.

Market Analysis

The board reports that February 2026 home sales are down 6.8% from February 2025, 13.8% below the five-year average and 17.6% below the 10-year average for February. Year-to-date sales total 1,390 units, down 6.3% from the same period in 2025. The composite benchmark price is down 1.3% from February 2025. The average sale price is down 1% from February 2025; the year-to-date average price is $653,586, down 2.5% from the first two months of 2025. The board says the average sale price should not be used as an indicator that specific properties have increased or decreased in value.

The board reports $517 million in February 2026 home sales, down 7.8% from February 2025. New listings total 1,582, down 7.8% from February 2025, and are 3.2% above the five-year average and 4.5% above the 10-year average for February. Active listings total 2,928, up 11.1% from the end of February 2025, and are 39.8% above the five-year average and 35.7% above the 10-year average for February. Months of inventory are 3.8, compared with 3.1 at the end of February 2025 and the long-run average of 2.4 for this time of year.

Property Type Analysis

Ottawa Real Estate Board reports February 2026 benchmark prices of $693,200 for single-family homes, down 1.2% year over year; $560,700 for townhouse/row units, down 3.4%; and $385,500 for apartments, down 2.7%.