Inventory Climbs While Home Prices Hold Steady
The Ottawa housing market remained balanced in June 2026, giving buyers more choice while sellers continued to benefit from stable home values. Inventory increased across most property types, creating healthier market conditions without a significant drop in prices.
Whether you're buying, selling, or investing in Ottawa real estate, here's what you need to know.
📈 Ottawa Real Estate Market Snapshot
June 2026 vs. June 2025
🏡 Single-Family Homes
🏠 879 homes sold (▼1.8%)
💰 Average Price: $880,467 (▲1.2%)
💵 Median Price: $790,000 (▼1.2%)
📋 Active Listings: 2,421 (▲7.7%)
📦 Inventory: 2.8 months
✅ Market Insight
Detached homes continue to be Ottawa's strongest market segment, with steady demand and relatively stable pricing despite increased inventory.
🏘️ Townhouses
🏘️ 429 homes sold (▼7.3%)
💰 Average Price: $554,990 (▼3.1%)
💵 Median Price: $560,000 (▼3.4%)
📋 Active Listings: 1,372 (▲27.6%)
📦 Inventory: 3.2 months
✅ Market Insight
Townhouse inventory increased significantly compared to last year, giving buyers more negotiating power while creating more competition for sellers.
🏢 Condominiums
🏢 178 units sold (▼14.0%)
💰 Average Price: $432,199 (▲3.2%)
💵 Median Price: $360,000 (▼8.2%)
📋 Active Listings: 940 (▲8.4%)
📦 Inventory: 5.3 months
✅ Market Insight
Although the average condo sale price increased 3.2%, the MLS® Home Price Index (HPI) Benchmark Price declined 6.0%, indicating that the increase in average price was likely influenced by the mix of condos sold rather than overall price appreciation. Apartment-style condos remain the most buyer-friendly segment of Ottawa's market.
📉 MLS® Home Price Index (HPI)
The MLS® Home Price Index (HPI) is considered one of the most accurate measures of home values because it adjusts for differences in the types of homes sold.
📌 Key Takeaway
While the average sale price increased 1.3%, both the median sale price and the HPI Benchmark Price declined by 1.3%, indicating that overall home values remained generally stable with slight downward pressure.
💬 Thinking of Buying or Selling in Ottawa?
Every neighbourhood tells a different story.
Whether you're planning to buy your first home, sell your current property, or invest in Ottawa real estate, understanding your local market is the key to making informed decisions.
📞 Have questions about your home's value or your neighbourhood? Let's connect for a personalized market update.
Jai Patel
REALTOR®
613.404.8706
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