Ottawa vs Smiths Falls
Side-by-side Real Estate market comparison, Ontario, Canada
| Metric | Ottawa | Smiths Falls |
|---|---|---|
| Active Listings | 1,885 | 70 |
| Sold (12 mo) | 5,844 | 152 |
| Median Price | $635K | $377K |
| Average Price | $683K | $377K |
| Avg Days on Market | 38 days | 56 days |
| SP/LP Ratio | 98% | 97% |
| Months of Inventory | 4.0 | 5.4 |
| Above Asking % | 12% | 12% |
| Below Asking % | 78% | 79% |
Frequently Asked Questions
Is Ottawa or Smiths Falls more affordable?
The median home price in Ottawa is $635K compared to $377K in Smiths Falls. Smiths Falls is currently the more affordable market.
Which city has faster home sales, Ottawa or Smiths Falls?
Homes in Ottawa sell in an average of 38 days compared to 56 days in Smiths Falls. Ottawa has a faster-moving market.
Is Ottawa or Smiths Falls a buyer's market?
Ottawa has 4.0 months of inventory and Smiths Falls has 5.4. A market with over 6 months of inventory generally favours buyers.