DowntownHousing market

Downtown

Downtown Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

11

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.

29

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*

42 active

New

20(-33.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2025: 83, in 2024: 21, in 2023: 31

Total Sold Listings*

4 sold

Median Sold Price

$496,500

Avg Days on Market

29 days

Median Bidding

-$13,650

Compared to number of sold, same period, in 2025: 15, in 2024: 6, in 2023: 2

*Data is for the month of February

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 470 Laurier Ave #708, Ottawa Ontario K1R 7W9

1 day on Market

470 Laurier Ave #708, Ottawa

Condo221000-1199 sq ft

Listed by Metrovantis Real Estate Inc.

Unknown for 340 Queen St, Ottawa Ontario K1R 0G1

1 day on Market

340 Queen St, Ottawa

Condo11600-699 sq ft

Listed by HOME RUN REALTY INC.

Unknown for 199 Kent St #1804, Ottawa Ontario K2P 2K8

2 days on Market

199 Kent St #1804, Ottawa

Condo21700-799 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Unknown for 200 Bay St #1102, Ottawa Ontario K1R 7W8

3 days on Market

200 Bay St #1102, Ottawa

Condo11600-699 sq ft

Listed by RE/MAX HALLMARK REALTY GROUP

Indoor foyer for 428 Sparks St #501, Ottawa Ontario K1R 0B3

5 days on Market

428 Sparks St #501, Ottawa

Condo11600-699 sq ft

Listed by EXP REALTY

Unknown for 1448 Foxwell St #20, Ottawa Ontario K1B 5J5

8 days on Market

1448 Foxwell St #20, Ottawa

Condo321200-1399 sq ft

Listed by AVENUE NORTH REALTY INC.

Unknown for 530 Laurier Ave #2502, Ottawa Ontario K1R 7T1

9 days on Market

530 Laurier Ave #2502, Ottawa

Condo321200-1399 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Balcony in the apartment, city buildings view from balcony for 475 Laurier Ave #1907, Ottawa Ontario K1R 7X1

9 days on Market

475 Laurier Ave #1907, Ottawa

Condo21900-999 sq ft

Listed by SOLID ROCK REALTY

Indoor foyer for 199 Slater St #2204, Ottawa Ontario K1P 0C8

Sold conditionally for $699,000

199 Slater St #2204, Ottawa

Condo23900-999 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 199 SLATER St #2203, Ottawa Ontario K1P 0C8

Re-listed 12 days ago

199 SLATER St #2203, Ottawa

Condo331400-1599 sq ft

Listed by ENGEL & VOLKERS OTTAWA

Just sold - Downtown

Indoor foyer for 530 Laurier Ave #809, Ottawa Ontario K1R 7T1

Sold 2 days ago

Sold for $315,000

$5K below asking

530 Laurier Ave #809, Ottawa

Condo11600-699 sq ft

Listed by ROYAL LEPAGE TEAM REALTY

Unknown for 500 Laurier Ave #1608, Ottawa Ontario K1R 5E1

Sold 2 days ago

Sold for $545,000

$5K below asking

500 Laurier Ave #1608, Ottawa

Condo321000-1199 sq ft

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Unknown for 500 Laurier Ave #2301, Ottawa Ontario K1R 5E1

Sold 2 days ago

Sold for $395,000

$25K below asking

500 Laurier Ave #2301, Ottawa

Condo22900-999 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 199 Slater St #2017, Ottawa Ontario K1P 0A6

Sold 2 days ago

Sold for $368,000

$12K below asking

199 Slater St #2017, Ottawa

Condo11500-599 sq ft

Listed by PAUL RUSHFORTH REAL ESTATE INC.

Unknown for 530 LAURIER Ave #1503, Ottawa Ontario K1R 7T1

Sold 9 days ago

Sold for $562,000

$8K below asking

530 LAURIER Ave #1503, Ottawa

Condo221400-1599 sq ft

Listed by HOME RUN REALTY INC.

Unknown for 199 Slater St #2015, Ottawa Ontario K1P 0C8

Sold 9 days ago

Sold for $399,900

199 Slater St #2015, Ottawa

Condo11500-599 sq ft

Listed by KELLER WILLIAMS ICON REALTY

Indoor foyer for 340 Queen St #1110, Ottawa Ontario K1R 0G1

Sold 12 days ago

Sold for $373,000

$16K below asking

340 Queen St #1110, Ottawa

Condo11500-599 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC.

Patio, city buildings view from balcony for 340 Queen St #410, Ottawa Ontario K1R 0G1

Sold 12 days ago

Sold for $373,500

$6K below asking

340 Queen St #410, Ottawa

Condo11500-599 sq ft

Listed by ONE PERCENT REALTY LTD.

Unknown for 530 Laurier Ave #1906, Ottawa Ontario K1R 7T1

Sold 19 days ago

Sold for $357,500

530 Laurier Ave #1906, Ottawa

Condo21800-899 sq ft

Listed by COLDWELL BANKER RHODES & COMPANY

Pool for 556 Laurier Ave #1105, Ottawa Ontario K1R 7X2

Sold 23 days ago

Sold for $415,000

$25K below asking

556 Laurier Ave #1105, Ottawa

Condo221000-1199 sq ft

Listed by COLDWELL BANKER RHODES & COMPANY

Population and Demographics

Overview

Total population 6119

Average household income $205,304

Age (%)

0 to 19

8%

20 to 34

43%

35 to 49

21%

50 to 64

15%

65 and plus

14%

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