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Ontario
Ottawa
City of Ottawa
CentretownHousing market
Centretown
Centretown

Centretown Housing Market Report

Strong Buyer's Market

All types - for the month of June

Buyer's market Seller's market

6

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

31

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

142

New

47(-18.97% YoY)

Relisted

4(+300.00% YoY)

Compared to number of active, same period, in 2024: 74, in 2023: 42, in 2022: 53

Total Sold Listings*

23

Median Sold Price

$490,500

Avg Days on Market

31 days

Median Bidding

-$12,500

Compared to number of sold, same period, in 2024: 27, in 2023: 33, in 2022: 28

*Data is for the month of June

Median Sold Price vs Average Days and Average Total Days on Market - Centretown - All types

Sold vs Active vs New vs Relisted - Centretown - All types

Sold Price Distribution - Centretown - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Centretown - All types

Property type distribution based on data from the last 3 months.

Median Price - Centretown - All types

Population and Demographics

Overview

Total population 17
Average household income $146,890

Age (%)

0 to 19
6%
20 to 34
35%
35 to 49
22%
50 to 64
22%
65 and plus
15%

Household composition (%)

Single person
56%
Single family
37%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
57%
French
24%
Spanish
4%
Arabic
3%
English and French
3%
Mandarin
2%
Russian
2%
English, French and non-official language(s)
2%
Iranian Persian
1%
Others
0%

House tenancy (%)

Renters
63%
Owners
37%

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within a few minutes' walk

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

4/5

Variety of cafés within a few minutes' walk

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

3/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within a few minutes' walk