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Ottawa Real Estate Market Update

Based on information by the Ottawa Real Estate Board.

Monthly Snapshot:
March 2023


  • Average Sale Price
    -16.9% over March 2022


  • Properties Sold
    -39.9% over March 2022


  • Average Sale Price
    -12.7% over March 2022


  • Properties Sold
    -41.7% over March 2022


MARCH 2023

With year-to-date average sale prices at $701,837 for residential and $414,698 for condominiums, these values represent a 15.5% decrease over 2022 for residential-class properties and an 11.4% decrease for condominium-class properties.

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