|Apartment Size||Aug||vs Last Month|
|Studio for sale||$1,967,695||N/A|
|1 bed for sale||$578,524||+9.5%|
|2 bed for sale||$1,019,980||+62.8%|
|3 bed for sale||$1,512,999||+38.5%|
|4+ bed for sale||$1,245,814||-5.3%|
During Aug 2022, the average price for an apartment in/near Ottawa, ON, Canada increased by 21.8% to CA$1,237,194.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 9.5% to CA$578,524. Asking price for 2-bed apartment also increased by 62.8% and a place of this size will now cost you CA$1,019,980. A 3-bed apartment goes for CA$1,512,999, it increased by 38.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.3% and made it down to CA$1,245,814.
|Listing Type||Aug||vs Last Month|
|Apartments for sale||$1,022,560||+27.7%|
|Lofts for sale||$1,425,291||N/A|
|Townhouses for sale||$1,018,168||+87.2%|
|Houses for sale||$1,382,838||+9.7%|
|Condos for sale||$811,939||+57.1%|
|Land for sale||$484,739||N/A|
The average cost of an apartment in Ottawa, ON, Canada rised by 27.7% to CA$1,022,560. Price reports demonstrate that house price increased by 9.7% this month making it up to CA$1,382,838. Condos are really in demand in this season. The median price for a condo increased by 57.1%, it’s now available for CA$811,939. The price statistics of lofts have not significantly changed, it now still goes for CA$1,425,291. The property value of townhouses increased by 87.2%, you’ll have to spend around CA$1,018,168 to get one.