Is the Ottawa Housing Market Crashing or Recovering? | March 2026 Market Update

Описание: 🏡Real Estate Market Update for Ottawa in February 2026 versus February last year. Ottawa had 646 Residential Properties sell in February, 2026, up 0.2%. (includes freehold and condos).

432 sales were freehold, down 0.5%, and 214 were condo sales, up 1.4% over last year.

Breaking down the average prices into houses and condos:

💲The average price for a freehold house in Ottawa for February was $768,855, down 1.9%. This includes detached singles, Townhouses and Semi-Detached homes.

💲The average price for a condominium in Ottawa for February was $419,578 down 2.1%. This includes apartments, row units and stacked-style condos.

❔How long does it take to sell a Home in Ottawa?
Last month Freehold houses took 34 days to sell versus 30 days last year and Condominiums are taking 54 days to sell versus 48 days last year.

❔Inventory Levels, how many homes are on the market?
There were 1,243 Residential Properties listed for sale at the end of last month within our territory.

❔Is it a Buyer's, Seller's or Balanced Market?
With new listings of 1,243 and 646 homes sold, the ratio is 52% which is just into a Balanced Market.

For more information about home prices in Ottawa, visit our website to see more comprehensive statistics.

➡️See the average price in Ottawa by the type of property
➡️See the average price month over month for the short term trend
➡️ https://agentinottawa.com/stats

CHAPTERS
00:00 Introduction
00:18 Total Freehold Sales
00:33 Average Price for a Freehold Home
00:48 How long for Freehold to sell
00:59 Total Condo Sales
01:11 Average Price for a Condo
01:25 How long for Condos to Sell
01:35 What Market is Ottawa in
02:11 Ottawa Home Prices month over month

#ottawarealestate #ottawarealestatemarket #marketupdate #homeprices