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Ottawa Real Estate Market Update - 15th July 2025

Ottawa Real Estate Market Update - 15th July 2025

๐—๐˜‚๐—ป๐—ฒ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜†

๐’๐š๐ฅ๐ž๐ฌ ๐€๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ:

1,602 homes sold in June 2025

๐๐ซ๐ข๐œ๐ข๐ง๐ :

Average sale price: $723,152 (+5.2%)

Single-family homes: $707,600 (+1.6%)

Townhomes/row units: $467,900 (+9.0%)

Apartments: $411,500 (-0.6%)

๐ˆ๐ง๐ฏ๐ž๐ง๐ญ๐จ๐ซ๐ฒ:

New listings: 2,933

Active listings: 4,350

Months of inventory: 2.7 months

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Delayed spring market led to a busy June

New listings up nearly 14% year-over-year, giving buyers more options

Sellers advised to price strategically and prepare homes well

Apartment sales down ~20%, with inventory rising due to high fees, financing costs, and construction.

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLSยฎ. The data is deemed reliable but is not guaranteed to be accurate.