About Ottawa Real Estate

April Property Statistics

Modest Gains Across Ottawa’s MLS® Market a Sign of Shared Confidence
May 6, 2024

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,456 units in April 2024. This was an increase of 8.9% from April 2023.

The average price of homes sold in April 2024 was $705,117 increasing 1.2% from April 2023. The more comprehensive year-to-date average price was $675,817, increasing by 2.4% from the first four months of 2023. The benchmark price for single-family homes was $727,700, up 1.6% on a year-over-year basis in April. By comparison, the benchmark price for a townhouse/row unit was $500,800, up slightly at 1% compared to a year earlier.

“It’s a typical spring in Ottawa’s real estate market,” says OREB President Curtis Fillier. “What sets it apart from recent springs is a restored mutual confidence among both buyers and sellers. Buoyed by recent sales activity, sellers are more confident that they can move their property as evidenced by the uptick in listings. For buyers, the pressure of the pandemic market has eased and they’re comfortable taking the time to find the property that best suits their needs. The pace is still conservative while the economy is holding some back, but overall Ottawa’s market is strong and stable, and that’s a win-win.”

Read more

1,456

Properties Sold

8.9%

Increase in Homes Sold

$727,700

Benchmark price (residential)

$500,800

Benchmark price (condos)

My Latest Properties

Check out these great homes

1206-151 Bay St.

Centretown
$439,900

Welcome to this impeccably curated urban retreat in the heart of downtown with one parking spot, but just steps to LRT.



More details

512 Recolte Private

Bilberry Creek
$559,900

Nestled within the Hillside Vista enclave of homes of Billberry Creek, this 3-bed, 2.5-bath freehold seamlessly combines style & functionality.


More details

135-2111 Montreal Rd.

Beacon Heights
$510,000

Discover this rare larger three bedroom, two full bath gem in sought after Beacon Hill, only minutes to downtown with quick highway access and minutes to LRT (2025).


More details

Chris MacDonald

Craig Dow turned that scary first time home buying process into a streamlined process. Always prompt with a great attention to detail. Good at asking the right questions to help you understand how you really feel. Patient and willing to work with you until the right property comes along. Quickly learns what you tend to like and dislike based off of your (sometimes non-verbal) reactions to previous showings. Works well under strict timelines and takes a lot of the stress out of the situation as he is prepared for seemingly anything and everything that could come up.

John Kellam

Craig helped me purchase my very first condo back in 2012. He was very patient, helpful and knowledgeable as he answered any and all questions and concerns that I had. He is very prompt, thorough and diligent in everything he does. He also provided me with many options for potential homes that he thought would suit my needs, which is why I didn't hesitate to ask him to be my realtor again when I moved last year. I have thoroughly enjoyed the smoothness and easiness both times that he has helped me and would highly recommend him to anyone looking for a similar experience!

Heidi Wong

Craig has gone above and beyond my expectations. From the very first conversation, Craig was intuitive, caring, and patient. He was honest and upfront about everything. Anything he didn't know/wasn't aware of, he was willing to admit, find out and got back to me very promptly. I couldn't have asked for a better Realtor and very grateful for everything Craig has done for me.

Tim and Liz

We were looking for a rural home and had Craig drive us around the Ottawa Valley for a few months, usually taking up all hours of the evening. He was incredibly patient, kind and honest when it was needed. Our time with Craig was enjoyable, and when it came time to get down to business he was incredibly professional, answered all questions we had (we had a lot as first time home buyers). Because of Craig's advice, we were able to land our first dream home. I truly believe that if we didn't listen to Craig we may not be in the house we are in now. I will thank him forever for that. Thank you for being assertive and knowledgeable. I would absolutely recommend Craig to anyone purchasing a home.