Ottawa · Ontario · Canada
Ottawa
Real
Estate
A decade of residential market data — units sold, average prices, and seasonal patterns from 2016 through 2026.
2016 — 2026 · RESIDENTIAL
10,260
Record Units Sold · 2021
6,775
Decade Low Units · 2023
$905K
Peak Monthly Avg · Mar 2022
$799K
Peak Annual Avg · 2022
Units Sold by Year
Residential transactions · annual totals · 2016–2025
Annual Volume
Average Sale Price
Annual average sold price in CAD · 2016–2025
Price Trend
Key Insights
What the data reveals
Price Growth
+78%
Average home prices climbed from $440K in 2016 to $785K in 2025, nearly doubling over the decade with the sharpest surge between 2020 and 2022.
COVID Effect
2021
The pandemic drove Ottawa's busiest year on record: 10,260 units sold, 18% above the 10-year average, as remote work and low rates fuelled demand.
The Danger Window
Jan–Jun 2022
Monthly prices hit $853K–$905K in early 2022 before rate hikes took hold. Buyers who purchased in this window paid peak prices and have yet to fully recover their equity. Those who bought before February 2022 are most likely in the clear.
The Rebound
98% Back
By 2025, average prices recovered to $785K — just $14K (1.8%) below the annual 2022 average. However, those who bought at the monthly peak of $905K are still roughly $120K below where they purchased.
Seasonal Patterns
10-year average share of annual sales by month
Peak Season
53.5%
March — July (5 months)
More than half of all annual residential sales happen in just five months. May is consistently the single busiest month, averaging 12.5% of yearly volume.
JFMAMJJASOND
Off-Season
46.5%
August — February (7 months)
Seven months share less than half of yearly sales. December is the quietest, averaging just 4% of annual volume — though 2020 and 2021 saw unusually active winters.
Quietest Month
December
~4.0% of annual sales
Monthly Units Sold
Residential units sold per month · 2016–2026 (partial)
| Month | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan | 398 | 381 | 398 | 376 | 369 | 455 | 463 | 320 | 362 | 360 | 365 |
| Feb | 516 | 563 | 539 | 531 | 591 | 687 | 776 | 428 | 502 | 451 | 461 |
| Mar | 591 | 865 | 987 | 785 | 805 | 1,161 | 1,033 | 607 | 649 | 643 | 653 |
| Apr | 1,062 | 1,192 | 1,196 | 1,093 | 482 | 1,237 | 959 | 813 | 865 | 788 | — |
| May | 1,156 | 1,378 | 1,344 | 1,325 | 675 | 1,193 | 901 | 947 | 886 | 1,045 | — |
| Jun | 1,105 | 1,272 | 1,105 | 1,099 | 1,058 | 1,080 | 712 | 799 | 815 | 951 | — |
| Jul | 821 | 881 | 818 | 935 | 1,038 | 861 | 542 | 623 | 711 | 755 | — |
| Aug | 793 | 834 | 794 | 837 | 1,027 | 802 | 541 | 541 | 606 | 696 | — |
| Sep | 735 | 764 | 679 | 770 | 1,168 | 830 | 538 | 533 | 611 | 630 | — |
| Oct | 675 | 690 | 711 | 799 | 1,077 | 871 | 468 | 425 | 688 | 711 | — |
| Nov | 498 | 624 | 542 | 639 | 815 | 745 | 443 | 417 | 635 | 519 | — |
| Dec | 351 | 377 | 293 | 338 | 455 | 338 | 314 | 322 | 361 | 325 | — |
| Total | 8,701 | 9,821 | 9,406 | 9,527 | 9,560 | 10,260 | 7,690 | 6,775 | 7,691 | 7,874 | — |
* 2026 data through March only. Red = monthly high · Green = notable low.
Average Sold Price
CAD per transaction · monthly average · 2016–2026
| Month | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan | $436K | $430K | $471K | $497K | $588K | $740K | $853K | $719K | $722K | $760K | $739K |
| Feb | $408K | $465K | $474K | $501K | $616K | $788K | $879K | $720K | $776K | $788K | $774K |
| Mar | $437K | $452K | $484K | $526K | $610K | $804K | $905K | $765K | $789K | $784K | $790K |
| Apr | $436K | $466K | $497K | $538K | $568K | $796K | $883K | $794K | $815K | $800K | — |
| May | $445K | $471K | $495K | $542K | $616K | $785K | $858K | $791K | $793K | $812K | — |
| Jun | $447K | $473K | $498K | $555K | $634K | $789K | $823K | $790K | $778K | $812K | — |
| Jul | $432K | $465K | $490K | $553K | $640K | $724K | $773K | $804K | $783K | $790K | — |
| Aug | $439K | $456K | $477K | $546K | $654K | $730K | $744K | $772K | $759K | $789K | — |
| Sep | $439K | $460K | $505K | $538K | $680K | $764K | $745K | $783K | $780K | $771K | — |
| Oct | $434K | $468K | $508K | $543K | $659K | $762K | $723K | $767K | $758K | $788K | — |
| Nov | $462K | $462K | $486K | $569K | $652K | $770K | $716K | $730K | $741K | $765K | — |
| Dec | $471K | $495K | $520K | $571K | $672K | $795K | $689K | $722K | $746K | $754K | — |
| Avg | $440K | $464K | $492K | $540K | $632K | $771K | $799K | $763K | $770K | $785K | — |
* 2026 data through March only. Red = period high · Values rounded to nearest $K.