Lowertown
Lowertown

Lowertown Housing Market Report

Strong Buyer's Market

All types - for the month of April

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.

37

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*

104

New

29(+7.41% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 43, in 2023: 35, in 2022: 23

Total Sold Listings*

10

Median Sold Price

$368,400

Avg Days on Market

37 days

Median Bidding

-$11,300

Compared to number of sold, same period, in 2024: 14, in 2023: 11, in 2022: 13

*Data is for the month of April

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

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

Sold Price Distribution - Lowertown - All types

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

Property Type Distribution - Lowertown - All types

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

Median Price - Lowertown - All types

Just sold - Lowertown

View all

Population and Demographics

Overview

Total population 7958
Average household income $111,627

Age (%)

20 to 34
35%
35 to 49
18%
65 and plus
16%
50 to 64
16%
0 to 19
14%

Household composition (%)

Single person
55%
Single family
34%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
57%
French
25%
Arabic
3%
English and French
3%
Mandarin
3%
Spanish
3%
Others
2%
French and non-official language(s)
1%

House tenancy (%)

Renters
75%
Owners
25%

Top 3 Schools in Lowertown

École Secondaire Publique de la Salle501 ancienne St-Patrick rue, K1N 8R3, Ottawa, ON
7.5/10
Public9-12
York Street Public School310 York St, K1N 5V3, Ottawa, ON
5.2/10
PublicJK-8
École Élémentaire Catholique Sainte-Anne235 Beausoleil promenade, K1N 0C1, Ottawa, ON
4.3/10
PublicJK-8

Transportation

Car Friendly

4/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

3/5

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 walking distance