The Average Time to Sell a Condo in Ottawa — Matt Richling - Ottawa Condos and Lofts - Ottawa Real Estate For Sale

Matt Richling is a licensed Salesperson with RE/MAX Hallmark Realty Group.

The Average Time to Sell a Condo in Ottawa

In general, condos in Ottawa take about 20–60 days to sell after being listed on MLS. But the timeline isn’t one-size-fits-all.

Here’s what can impact your sale:

  • Neighbourhood: Condos in Centretown, ByWard Market, and Little Italy tend to move faster due to high demand and walkability.

  • Price point: Well-priced units under $500K usually sell quicker than high-end or luxury condos.

  • Building reputation: Buildings with strong management, good amenities, and low condo fees often sell faster.

  • Time of year: Spring and early fall tend to be the busiest seasons for condo sales in Ottawa.

What Slows Down a Condo Sale?

Even in a relatively healthy market, some units linger. Here’s why:

  • Overpricing: This is the #1 reason condos don’t sell. Buyers are informed and sensitive to value.

  • Poor presentation: If your photos are dark, cluttered, or don’t show off your space properly, it’ll hurt your chances.

  • High condo fees: Monthly fees over $800, unless justified by amenities or size, can scare off buyers.

  • Limited availability for showings: Buyers move quickly. If your unit isn’t easy to see, it might be skipped.

  • Older finishes: Even small cosmetic upgrades (like cabinet handles or light fixtures) can help a unit show better and sell faster.

How to Sell Your Condo Faster in Ottawa

Here’s how we help our clients cut down the days-on-market and maximize sale price:

  • Pricing strategically: We do a full market analysis—not just based on what’s listed, but what’s sold. We also use off-market data to gauge demand.

  • Professional photography & marketing: Your listing is everywhere it needs to be—MLS, Realtor.ca, Google, Instagram, our private email list, and more.

  • Highlighting lifestyle, not just square footage: We sell your building, your location, and the lifestyle that comes with it.

  • Positioning your unit competitively: We’ll recommend the right prep work—whether it’s paint touch-ups, minor staging, or just better lighting—to make it pop.

  • Using off-market tools: Through platforms like Knokd, we can give your listing early exposure to qualified buyers before it hits the open market.

Real Results: What We've Seen

We recently helped a seller offload their unit after just 72 hours on the market—despite it having sat for two months with a previous agent. Why did it work?

  • We priced it based on current trends.

  • We launched with strong marketing and professional photos.

  • We used off-market exposure first to generate buzz before hitting MLS.

This approach consistently shortens the selling timeline—and gets sellers closer to asking.

Final Thoughts

Selling a condo in Ottawa doesn’t have to be stressful or slow. With the right pricing, marketing, and guidance, your unit can stand out—even in a competitive market.

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