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🏡 Ottawa Real Estate Market Update – February 2026

Posted on March 9, 2026 by Jai Patel

Key Market Changes Compared to February 2025

Ottawa’s housing market in February 2026 showed slower sales but rising inventory compared with the same month last year. More homes on the market are giving buyers more choice and negotiating power, while prices remain relatively stable overall.

📊 Key Market Changes

Metric	Feb 2026	Feb 2025	Change
🏠 Homes Sold	780	837	🔻 -6.8%
💰 Average Price	$662,773	$669,000	🔻 -1.0%
📋 New Listings	1,582	1,716	🔻 -7.8%
📦 Active Listings	2,928	2,635	🔺 +11.1%
⏳ Months of Inventory	3.8	3.1	🔺 +22.6%

📈 Market Trends by Property Type

February 2026 vs February 2025

🏠 Detached Homes (Single-Family)

Metric	Feb 2026	Feb 2025	Change
Homes Sold	358	402	🔻 -10.9%
Average Price	$830,951	$825,900	🔺 +0.6%
Months of Inventory	3.8	3.2	🔺 +18.8%

🏘️ Townhouses (incl. condo towns)

Metric	Feb 2026	Feb 2025	Change
Homes Sold	280	246	🔺 +13.8%
Average Price	$539,639	$583,400	🔻 -7.5%
Months of Inventory	2.7	2.3	🔺 +17.4%

🏢 Condo Apartments

Metric	Feb 2026	Feb 2025	Change
Homes Sold	122	170	🔻 -28.2%
Average Price	$428,538	$425,000	🔺 +0.8%
Months of Inventory	5.6	3.9	🔺 +43.6%

📌 Market Summary

Comparing February 2026 vs February 2025:

🏠 Detached Homes: Stable pricing despite fewer sales
🏘️ Townhomes: Higher demand but prices adjusting downward
🏢 Condos: Lower demand with significantly higher inventory

Overall, Ottawa real estate is shifting toward balanced conditions, where buyers have more options and sellers must price homes competitively.

📩 Thinking of Buying or Selling in Ottawa?

Let’s talk about your options.

👤 Jai Patel
📞 613-404-8706

📍 Ottawa Real Estate