Ottawa Real Estate Market Update – February 2026

by Tyler Verheul

📝 Ottawa Real Estate Market Update – February 2026

The Ottawa real estate market is beginning to shift as we move through early 2026, showing signs of more balanced conditions.

📊 February Snapshot

  • Homes Sold: 780 (↓ 6.8% YoY)
  • Average Price: $662,773
  • Median Price: $615,450
  • Active Listings: 2,928
  • Months of Inventory: 3.8
  • Median Days on Market: 24

🔍 What This Means

There are more homes available, and buyers are taking more time to make decisions. This doesn’t mean the market is declining—it’s simply transitioning away from the intense seller’s market of previous years.

🏡 Seller Strategy

To succeed in today’s market:

  • Price accurately
  • Present your home well
  • Use strong marketing

Overpricing can lead to longer time on market and lower final results.

📩 Final Thoughts

Ottawa remains a stable and resilient market. With the right strategy, great results are still achievable.

If you’d like a more detailed market review tailored to your area, feel free to reach out anytime.

 

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