Market Insights - June 2026
Ottawa Real Estate Market Update: What June 2026 Numbers Mean for You
If you are thinking about buying or selling in Ottawa this summer, the latest numbers from the Ottawa Real Estate Board give a clear picture of where things stand.
The average sale price in Ottawa was $733,648 in June, up 1.3% from June 2025. The median sale price was $655,000, down 1.3% year over year. When the average goes up and the median goes down, it usually means more higher priced homes sold this month, which pulls the average up without changing what a "typical" home sold for. That is worth knowing if you are comparing your home, or your budget, to the headline number.
Homes are selling close to asking. The sale to list price ratio held steady at 98.5%, unchanged from June 2025. In plain terms, homes are selling for about 98 to 99 cents on every listed dollar. Pricing accurately from the start still matters.
Homes are taking a bit longer to sell. Median days on market rose from 19 days to 22 days compared to last June. It is a modest shift, not a dramatic one, but it does mean buyers have a little more breathing room than they did a year ago.
The market overall remains balanced. The sales to new listings ratio sits at 48.8%, and months of inventory is at 3.3, up from 2.8 last June. Neither buyers nor sellers have a clear citywide advantage right now, though conditions vary by neighbourhood and property type.
What this means if you are selling: Pricing strategy still matters more than ever. With more inventory for buyers to choose from, homes that are priced right from day one are the ones selling closest to asking and fastest.
What this means if you are buying: You have a little more time and a little more selection than you did a year ago, especially compared to the tighter markets of recent years. That said, well priced homes in sought after neighbourhoods are still moving quickly.
Every situation is different, and citywide numbers only tell part of the story. If you want to know what these trends mean for your specific street, price point, or timeline, reach out and let's talk it through.