Ottawa Real Estate Market Update — June 2026
Ottawa’s resale market held its balanced footing in June 2026, with early-summer activity cooling in line with typical seasonal patterns while prices stayed relatively steady. Here’s what the Ottawa Real Estate Board’s official figures show, and what it means if you’re buying or selling in the region right now.
June 2026 at a Glance
| Metric | June 2026 | vs. June 2025 |
|---|---|---|
| Average sale price | $733,648 | +1.3% |
| Median sale price | $655,000 | −1.3% |
| Homes sold | 1,518 | −4.9% |
| Sales-to-new-listings ratio | 48.8% | Balanced market |
| Months of inventory | 3.3 | Up from 2.8 |
| MLS® HPI composite benchmark | — | −1.3% |
Sell Your Ottawa Home for Just 1% Listing Commission
Price Trends by Property Type
| Property type | Trend (YoY) | Notes |
|---|---|---|
| Single-family detached | Nearly flat (−0.7% benchmark) | Most resilient segment |
| Townhome | Softer | More volatility than detached |
| Apartment/condo | −6.0% benchmark | Continued weakest segment |
The gap between average price (up 1.3%) and median/benchmark price (down slightly) tells the real story of June: a larger share of higher-value detached homes changed hands, pulling the average up even as typical, mid-market home values stayed soft or slipped. That’s a useful reminder for sellers — the average price you read in the news isn’t necessarily what your specific home is worth.
Sales Activity and Inventory
Sales fell 4.9 percent year over year to 1,518 units, down from May’s 1,616 as the market moved from spring into its usual early-summer slowdown. Year to date, 6,969 homes have sold across Ottawa, down 6.1 percent from the same point in 2025, with total dollar volume at roughly $4.9 billion, also down 6.2 percent.
Months of inventory rose to 3.3, up from 2.8 a year earlier — a meaningful shift toward more buyer choice, though still within the balanced-market range rather than a full buyer’s market. New and active listings both continued climbing, which is the main force behind the price softness in the median and benchmark numbers even as the average held up.
Get Cash Back When You Buy a Home in Ottawa
What This Means for Buyers
More inventory means more negotiating room than Ottawa buyers have had in recent years, particularly for townhomes and condos, where price softness is most pronounced. Detached homes in strong locations are still competitive, so buyers targeting family-home neighbourhoods in areas like Kanata or Stittsville shouldn’t expect the same room to manoeuvre as in the condo segment.
What This Means for Sellers
The 3.3 months of inventory and softer benchmark pricing mean overpricing carries real risk right now — homes priced against last year’s numbers rather than June’s are the ones most likely to sit. Realistic pricing from day one, especially for townhomes and apartment-style properties, is the difference between a quick sale and a stale listing.
Ottawa Real Estate Market Update — June 2026 (FAQs)
The average residential sale price in Ottawa in June 2026 was $733,648, up 1.3 percent from June 2025.
It depends on the measure. The average price rose 1.3 percent year over year, but the median price ($655,000) and the MLS® Home Price Index benchmark both declined slightly, reflecting a shift in the mix of homes sold rather than a broad price increase.
With 3.3 months of inventory and a 48.8 percent sales-to-new-listings ratio, June 2026 sits in balanced-market territory, leaning slightly more toward buyers than the same month last year.
1,518 homes sold through the Ottawa MLS® System in June 2026, a 4.9 percent decrease from June 2025.
Apartment-style condos, with prices down roughly 6 percent year over year on a benchmark basis — the softest segment of the market, followed by townhomes.
