Ottawa Market Update


📊🏡 Ottawa Market Update: May 2026

Ottawa’s housing market remained balanced in May, with activity picking up from April while inventory continued to give buyers more choice. 📈

Here are a few key highlights:
🔹 1,616 homes sold in May
🔹 Average sale price: $721,270
🔹 Median sale price: $660,000
🔹 Active listings reached 4,917 homes
🔹 Months of inventory: 3.0

Single-family homes remain strong, while townhomes and condos continue to see softer conditions. Overall, Ottawa’s market remains active and balanced, with stable prices and trends varying by property type.

💡 What does this mean for you? Whether you’re buying or selling, strategy matters more than ever. Understanding your local market and pricing correctly can make all the difference.

📩 Thinking about making a move? Let’s talk about what these numbers mean for your real estate goals.

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