Sandy Hill, Ottawa - August 2026 Real Estate Report

Sandy Hill Real Estate Check-In: Two Very Different Stories Under One Roof

If you own property in Sandy Hill right now, the story depends entirely on what you own. Houses and condos are moving in opposite directions - and knowing which side you're on could change what you do next.

The Vibe: Houses vs. Condos

Let's start with houses. The HonestDoor Price for a Sandy Hill house sits at $1,069,507, and it's down 1.02% from last period. The predicted market value is $1,080,487, which is sliding below the 3-month moving average of $1,100,230. Property values have dipped 2.11% recently, and on the neighbourhood growth leaderboard, Sandy Hill houses rank 81 out of 100 comparable areas in Ottawa. That puts us near the bottom of the pack for growth right now. The market is taking a breather.

On the sales side, only 1 house sold last month at an average of $1,345,000 - buyers paid 99.70% of list price, just a hair under asking. Homes are sitting for about 15 days before selling, which is a moderately fast pace. Listings are priced around $1,349,000 right now, and price per square foot is running at $456. We're above average in price compared to other Ottawa neighbourhoods - ranking 8th out of 25 - but growth momentum just isn't there at the moment.

Condos are a different conversation. The HonestDoor Price for a Sandy Hill condo is $819,259, and it's up 4.41% from last period. The predicted market value of $784,656 is climbing above the 3-month moving average of $756,374, with recent value growth of 2.94%. On the leaderboard, Sandy Hill condos rank 30 out of 104 Ottawa neighbourhoods for growth - that puts us solidly above average. Compared to nearby areas, we're sitting higher than Old Ottawa East condos at $734,095 and below Lowertown at $855,730. We're in a good spot in that range.

• House HonestDoor Price: $1,069,507 (down 1.02%)
• House predicted market value: $1,080,487
• House 3-month moving average: $1,100,230
• House recent value change: -2.11%
• House growth rank: 81 out of 100 in Ottawa
• House average sale price: $1,345,000
• House price per square foot: $456
• House days on market: 15
• House rental yield: 4.70%
• House estimated rent: $4,383 per month
• Condo HonestDoor Price: $819,259 (up 4.41%)
• Condo predicted market value: $784,656
• Condo 3-month moving average: $756,374
• Condo recent value change: +2.94%
• Condo growth rank: 30 out of 104 in Ottawa
• Condo rental yield: 3.58%
• Condo estimated rent: $3,259 per month

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the problem with waiting for the city's next assessment. It is a snapshot from the past. By the time that number lands in your mailbox, the market has already moved - sometimes by a lot. For Sandy Hill condo owners, that gap is real money. The HonestDoor Price is updated in real time using actual sales data, listing activity, and local market signals. It is the number that reflects what a buyer would actually pay today, not what the city calculated based on data from a year or two ago.

For house owners, this matters just as much. If your city assessment is lagging behind a softening market, you could be paying property taxes based on a higher value than what your home would actually fetch right now. Knowing your HonestDoor Price gives you a real-world check - and a starting point for any conversation about selling, refinancing, or just understanding where you stand.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Sandy Hill and are thinking about listing this summer, the honest answer is: timing matters. With values down 2.11% recently and the growth rank sitting at 81 out of 100, this is not a market where you can overprice and wait. Buyers are paying 99.70% of list - close to asking, but not over it. Price it right from day one. The good news is homes are still moving in about 15 days, so well-priced properties are not sitting forever.

If you own a condo, the picture is brighter. Values are climbing, the growth rank is strong at 30 out of 104, and the momentum is moving in your favour. If you have been on the fence, this summer could be a reasonable window before the market shifts again.

Either way, check your HonestDoor Price before you do anything else. It is the fastest way to know where you actually stand - no waiting, no guessing, no outdated government number telling you something that stopped being true 18 months ago.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.