Property prices for sale in Ottawa (Ontario)

The prices in real estate in Ottawa, in the Ontario region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$956,607.5
Average price last 6 months
$65,384.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ottawa has fallen in the last 6 months. In July, the average price per sq.feet was $69,291. In the following month the price per sq.feet decreased to $60,279. The price for the following two months in (September, October) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable increase of 160 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $54,534.5 to $87,083.5 during November, and December.

Average price

Based upon to the price in Ottawa (cities), this has gone downing the last 6 months. The average price for July is $1,065,095. During August the price had a slight fall till $935,076. In the following two months the average price has remained the same with regard to the previous two months from $1,000,085.5 to $978,217.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $989,151.5 to $891,519.5 in November and December.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $865,459 they are 50 % more affordable than the average price for Ottawa. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $832,952.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $420 / sq.feet, with an average $44,777 / sq.feet price in Ottawa. The properties with the highest average prices have 4 bedrooms. They are 191 % more expensive than the average followed by properties with 3 bedrooms with a price at $38,452 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $865,459 it is 79 % cheaper than the average price in Ottawa. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $1,215,113 it is 51 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $397 / sq.feet followed by "Apartment" priced at $661 / sq.feet. "Duplex" is the most costly type of property with a $278,564 / sq.feet cost followed by "Commercial" with an average price of $144,103 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Ottawa
Number of properties used in region Ontario
$865,459
$44,777
4,896
326,468
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value