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Average Ottawa Prices Over 25 Years


Year

Sale

% Change

1978$59,1343.7
1979$61,8964.7

1980

$62,748

1.4

1981

$64,896

3.4

1982

$71,080

9.5

1983

$86,245

21.3

1984

$102,084

18.4

1985

$107,306

5.1

1986

$111,643

4.0

1987

$119,612

7.1

1988

$128,434

7.4

1989

$137,455

7.0

1990

$141,438

2.9

1991

$143,361

1.4

1992

$143,868

0.4

1993

$148,129

3.0

1994

$147,543

-0.4

1995

$143,193

-2.9

1996

$140,534

-1.9

1997

$143,873

2.4

1998

$143,953

0.1

1999

$149,650

4.0

2000

$159,511

6.6

2001

$175,971

10.3

2002

$200,711

14.1

2003

$218,692

9.2

2004

$235,678

7.8

      2005      $244,531        3.8
      2006        $255,889        4.7
2007$272,6186.4
2008$289,7666.3
The Board cautions that average price information can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The average price is calculated based on the total dollar volume of all properties sold.
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