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Average Ottawa Prices Over 30 Years
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Year | Sale | % Change | 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 | $272,618 | 6.4 | | 2008 | $289,766 | 6.3 | | 2009 | $303,888 | 4.9 |
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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