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Real Estate Market Update for Ottawa, February 1, 2026. Ottawa had 488 Residential Properties sell in January, 2026, down 7.8%. (includes freehold and condos). 335 sales were freehold, down 4.8%, and 153 were condo sales, down 13.6% over last year. Breaking down the average prices into houses and condos: The average price for a freehold house in Ottawa for January was $730,631, down 4.2%. This includes detached singles, Townhouses and Semi-Detached homes. The average price for a condominium in Ottawa for January was $383,899 down 12.9%. 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 49 days to sell versus 46 days last year and Condominiums are taking 66 days to sell versus 52 days last year. Inventory Levels, how many homes are on the market? There were 1,743 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 1,190 and 488 homes sold, the ratio is 41% which is just into a Balanced Market. Average price by the type of property last month with % Change compared with same month last year. Single Family Detached Houses $832,433 -2.8% Townhouses $619,673 -5.5% Bungalows $710,746 -4.0% 1 1/2 Storey Residential $620,017 -3.2% 2 Storey Residential $750,969 -2.7% 3 Storey Residential $742,432 -3.6% Split Level $714,213 -3.5% High Ranch $691,250 16.2% Condo Townhomes, Semi Detached and Stacked $385,324 13.4% Condo Apartments $382,902 -13.5% Keep an eye on New Listings and SOLD Listings in any neighbourhood or street. https://agentinottawa.com/Sellers/Str... #ottawarealestate #ottawarealestatemarket #ottawa #marketupdate