Market report
Ottawa, Ontario, Canada
Published July 27, 2026 · Period 2026-07
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Pass 1 - Prices Cumberland in Ottawa, Ontario currently shows median asking prices in the low–mid \$500,000s, with detached homes around \$800,000, townhouses around \$700,000, and condo/apartments around \$400,000.
Balanced-to-Buyer Leaning
With an Average Days On Market of 92 days and a notable gap between asking and recent sale prices, Cumberland shows signs of a market where buyers have negotiating room and properties are not moving quickly.
Cumberland shows a significant gap between its Median Asking Price of $535,000 and its Average Asking Price of $1,000,000 for detached homes, according to searchlistingsonline.ca. This spread suggests a diverse housing stock, with higher-end detached properties pulling the average well above the median. Separately, oreb.ca reports an Average Residential Sale Price of $721,270 for May 2026, which sits between these two asking-price figures.
Cumberland properties are averaging 92 days on market as of June 2026, according to searchlistingsonline.ca. For a summer month—typically the most active period for real estate—this pace is notably unhurried. With 52 active listings also reported by searchlistingsonline.ca, supply appears sufficient relative to apparent demand.
Cumberland's Average Price Per Square Foot stands at $520, according to searchlistingsonline.ca. This metric provides a useful benchmark for comparing properties of different sizes across the neighborhood. Combined with the 92-day average marketing period, buyers may find room to negotiate below listed per-square-foot rates.
With an Average Days On Market of 92 days reported by searchlistingsonline.ca, Cumberland properties are not moving quickly, which may translate into stronger negotiating positions. The Median Asking Price of $535,000 across all property types suggests entry points exist well below the detached average of $1,000,000. Buyers can also use the Average Price Per Square Foot of $520, reported by searchlistingsonline.ca, to evaluate whether individual listings are priced competitively relative to the broader neighborhood.
Properties in Cumberland are averaging 92 days on market according to searchlistingsonline.ca, signaling that pricing precision matters significantly. With 52 active listings competing for buyer attention, overpricing relative to the neighborhood's Median Asking Price of $535,000 risks extended time without offers. Sellers of detached homes should note that while the Average Asking Price sits at $1,000,000 per searchlistingsonline.ca, the Average Residential Sale Price reported by oreb.ca for May 2026 was $721,270, indicating that final sale prices may settle meaningfully lower than initial asks.
According to searchlistingsonline.ca, the Average Asking Price for detached homes in Cumberland is $1,000,000 as of June 2026.
According to searchlistingsonline.ca, homes in Cumberland are spending an average of 92 days on market as of June 2026. This suggests a relatively slow absorption rate for the summer season.
According to searchlistingsonline.ca, the Median Asking Price across all property types in Cumberland is $535,000 as of June 2026.
According to searchlistingsonline.ca, there are 52 active listings in Cumberland as of June 2026.
According to searchlistingsonline.ca, the Average Price Per Square Foot in Cumberland is $520 as of June 2026. This figure covers all property types in the neighborhood.
With 92 days on market and 52 active listings as of June 2026, according to searchlistingsonline.ca, conditions in Cumberland lean in favor of buyers. The extended marketing period gives purchasers time and leverage during negotiations.
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