DowntownHousing market

Downtown

Downtown Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

10

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.

40

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*

91 active

New

34(-8.11% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 38, in 2023: 30, in 2022: 14

Total Sold Listings*

9 sold

Median Sold Price

$348,000

Avg Days on Market

40 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 10, in 2023: 6, in 2022: 25

*Data is for the month of March

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

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

Sold Price Distribution - Downtown - All types

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

Property Type Distribution - Downtown - All types

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

Median Price - Downtown - All types

Just listed - Downtown

Unknown for 124 Caithness pvt N/A, Ottawa Ontario K1W 0G5

Re-listed 13 hours ago

$•••,•••

124 Caithness pvt N/A, Ottawa

Townhouse221500-2000 sq ft

Listed by KELLER WILLIAMS INTEGRITY REALTY

Unknown for 340 Queen St #1903, Ottawa Ontario K1R 0G1

Re-listed 15 hours ago

$•••,•••

340 Queen St #1903, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 556 Laurier Ave #907, Ottawa Ontario K1R 7X2

1 day on market

556 Laurier Ave #907, Ottawa

Condo22900-999 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 1035 Bank St #305, Ottawa Ontario K1P 5N5

1 day on market

1035 Bank St #305, Ottawa

Condo21800-899 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Patio, building for 428 Sparks St #406, Ottawa Ontario K1R 0B3

Re-listed 3 days ago

$•••,•••

428 Sparks St #406, Ottawa

Condo-10-499 sq ft

Listed by ENGEL & VOLKERS OTTAWA

Unknown for 200 BAY St #1103, Ottawa Ontario K1R 7W8

3 days on market

200 BAY St #1103, Ottawa

Condo11600-699 sq ft

Listed by HOME RUN REALTY INC.

Unknown for 340 Queen St #2005, Ottawa Ontario K1R 0G1

Re-listed 7 days ago

$•••,•••

340 Queen St #2005, Ottawa

Condo22900-999 sq ft

Listed by KELLER WILLIAMS INTEGRITY REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 340 Queen St #1808, Ottawa Ontario K1R 0G1

Re-listed 7 days ago

$•••,•••

340 Queen St #1808, Ottawa

Condo-1500-599 sq ft

Listed by COMFREE

Unknown for 500 Laurier Ave #2205, Ottawa Ontario K1R 5E1

7 days on market

$•••,•••

500 Laurier Ave #2205, Ottawa

Condo22900-999 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 475 Laurier Ave #208, Ottawa Ontario K1R 7X1

9 days on market

475 Laurier Ave #208, Ottawa

Condo21700-799 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Just sold - Downtown

Patio, street for 470 Laurier Ave #PH-2302, Ottawa Ontario K1R 7W9

Sold for $453,000

$7K below asking

470 Laurier Ave #PH-2302, Ottawa

Condo221000-1199 sq ft

Listed by COLDWELL BANKER FIRST OTTAWA REALTY

Unknown for 530 Laurier Ave #1405, Ottawa Ontario K1R 7T1

Sold 2 days ago

Sold for $342,000

$8K below asking

530 Laurier Ave #1405, Ottawa

Condo21800-899 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Unknown for 3127 QUAIL Dr, Ottawa Ontario K1T 1T9

Sold 3 days ago

Sold for $392,000

$8K below asking

3127 QUAIL Dr, Ottawa

Condo321400-1599 sq ft

Listed by EXP REALTY

Unknown for 151 BAY St #905, Ottawa Ontario K1R 7T2

Sold 3 days ago

Sold for $389,000

151 BAY St #905, Ottawa

Condo22900-999 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 445 LAURIER Ave #705, Ottawa Ontario K1N 6R4

Sold 7 days ago

Sold for $320,000

$20K below asking

445 LAURIER Ave #705, Ottawa

Condo-1500-599 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 470 Laurier Ave #604, Ottawa Ontario K1R 7W9

Sold 8 days ago

Sold for $367,000

$6K below asking

470 Laurier Ave #604, Ottawa

Condo22900-999 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 500 Laurier Ave #2104, Ottawa Ontario K1R 5E1

Sold 8 days ago

Sold for $508,000

$18K below asking

500 Laurier Ave #2104, Ottawa

Condo231200-1399 sq ft

Listed by RE/MAX AFFILIATES REALTY LTD.

Indoor foyer for 199 Slater St #2109, Ottawa Ontario K1P 0C8

Sold 10 days ago

Sold for $568,000

199 Slater St #2109, Ottawa

Condo22900-999 sq ft

Listed by EXP REALTY

Unknown for 556 Laurier Ave #1504, Ottawa Ontario K1R 7X2

Sold 14 days ago

Sold for $497,000

$23K below asking

556 Laurier Ave #1504, Ottawa

Condo22800-899 sq ft

Listed by ROYAL LEPAGE TEAM REALTY ADAM MILLS

Unknown for 324 Laurier Ave #811, Ottawa Ontario K1N 6P6

Sold 15 days ago

Sold for $418,000

$17K below asking

324 Laurier Ave #811, Ottawa

Condo11600-699 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Population and Demographics

Overview

Total population 6119

Average household income $205,304

Age (%)

20 to 34

43%

35 to 49

21%

50 to 64

15%

65 and plus

14%

0 to 19

8%

Household composition (%)

Single person

62%

Single family

30%

Multi person

7%

Multi family

0%

Mother tongue (%)

English

66%

French

15%

Others

3%

Arabic

3%

Mandarin

3%

Spanish

3%

English and French

2%

Iranian Persian

1%

House tenancy (%)

Renters

75%

Owners

25%

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 walking distance

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