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Market Update

Ottawa Real Estate Market Update: September 2026

Autumn has arrived — and with it, Ottawa's second-busiest season for real estate. Here's what September's numbers reveal about prices, inventory, and where the market is headed through the end of 2026.

September 2026 12 min read Market Update

September is the turning point of the Ottawa real estate calendar. The Labour Day long weekend marks the start of the autumn market, and this year the shift was immediate: new listings surged, serious buyers re-entered the market, and well-priced homes moved quickly. After a balanced summer, September delivered clear evidence that momentum is building into the final quarter of 2026.

Key Market Statistics — September 2026

Average Sale Price
$724,500
+0.8% from August 2026
Average Days on Market
24 days
-2 days from August
New Listings
2,240
+35.8% vs. August (autumn surge)
Active Listings
3,480
+4.8% more choice for buyers

What September Means for Buyers

Buyers entered September with an unusually strong combination: the largest pool of active listings of the year and a fresh wave of motivated sellers who want to close before winter. The competition that many feared would return after Labour Day did return — but only for turnkey homes priced correctly. For everything else, well-prepared buyers found genuine negotiating room on price and conditions.

Key takeaways for buyers

  • Selection is at its 2026 peak — but it won't last past November
  • Move quickly on well-priced homes; slow down on overpriced ones
  • Get pre-approved now to compete on terms, not just price

What September Means for Sellers

September is prime selling season — but only for sellers who respect the market. With new listings up more than 35% month-over-month, your property is competing against far more inventory than it did in August. Homes that were staged, professionally photographed, and priced with precision sold in under three weeks; those that weren't sat and chased the market downward.

Key takeaways for sellers

  • Early September sellers capture the strongest buyer energy
  • Comparison shopping is fierce — presentation is non-negotiable
  • Price accurately at launch; autumn leaves little room for corrections

Neighbourhood Spotlight

Here's how key Ottawa neighbourhoods performed in September:

Neighbourhood Avg. Price Days on Market Trend
Kanata $795,000 19 Rising
Barrhaven $732,000 22 Stable
Orleans $655,000 24 Rising
Nepean $702,000 23 Stable
Downtown (Condos) $475,000 31 Buyer-friendly

Looking Ahead: The Final Quarter of 2026

History tells us Ottawa's autumn market runs strong through October before slowing into the holidays. With inventory healthy and interest rates steady, buyers and sellers alike have a clear window: act decisively in the next six to eight weeks to get the best outcome before the winter lull. If you're planning a 2026 move, September was your signal to start.

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