Ottawa’s housing market has pushed higher over the past year in this rolling three-month view. Typical home values are up about 8 percent year over year, reaching around $230,000, while median list prices have risen a bit more modestly. Sales activity has also picked up, with homes sold increasing nearly 10 percent compared with a year ago.
Looking more closely at supply and demand, active listings are up roughly 14 percent year over year, yet months of supply has climbed to about three months, reflecting a shift from the very tight conditions seen in 2023. At the same time, pending sales have jumped nearly 24 percent from last year, signaling strong buyer interest even as inventory expands.
In the latest period ending in September 2026, homes are taking a median of 49 days to sell, similar to a year ago, and about 27 percent of properties are closing above list price. The average sale-to-list ratio sits just under 97 percent, while roughly 42 percent of homes go off the market in two weeks, underscoring that well-priced listings still move quickly. With Ottawa currently characterized as a seller’s market, both buyers looking to compete effectively and sellers aiming to maximize their sale can benefit from Agent Pronto’s help in finding a local agent who knows these trends inside and out.
