A big congratulations goes to my buyer on this fantastic home with a one-of-a-kind lot and outstanding backyard! It wasn't easy, we beat-out two competing offers, but this one was so worth it. And the best part is - he's now walking distance to his grandson!

2026 March was not as brisk as March of last year: volume of sales, months of inventory and new listings are all slightly bearish, however, these ranges are all within the statistics of the last five years. Seasonality is in affect as we kickstart the spring market, prices have pulled the YTD average for all properties up to 670k (approximately 17k higher than the YTD at the end of February), marking a slightly negative .9% y/y (from a -2.5% in the preceding month). All-in-all, the Ottawa residential market is in a healthy balanced state with months of inventory ranging from 2.8 (townhomes) to 5.5 (apartments).

As always, it's important to understand that within each segment, market activity can vary widely based on a number of factors - a 1920 row house on one street can sell quite differently than a competing property two streets over.