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March 2021 Ottawa Real Estate Market Update

There was  a significant uptick in the number of new listings that came onto the Ottawa real estate market last month. However, the ongoing pent-up Buyer demand meant that most of the properties were quickly acquired.

Here’s a snapshot of the March 2021 average sales prices:

Further, the current year-to-date price average for the condo and residential classes are below:

Average Condo Sale Price: $415,054 (up 17% from 2020)

Average Residential Sale Price: $729,897 (up 32% from 2020)

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