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Ottawa Real Estate Market Update – July 2025: Prices & Trends

Ottawa Real Estate Market Update – July 2025: Prices & Trends

Ottawa’s housing market stayed strong in July 2025, showing steady demand, moderate price growth, and balanced inventory despite slowdowns in other Ontario cities.

Key Ottawa Housing Market Stats – July 2025

  • Home sales: 1,318 (+4.9% year-over-year)

  • Average home price in Ottawa: $695,209 (+2.2%)

  • Year-to-date average price: $702,840 (+3%)

  • New listings: 2,549 (+11.7%)

  • Active listings: 4,205 (+14%)  – 23.6% above the 5-year average

  • Months of inventory: 3.2  – Balanced market

Ottawa Home Prices by Property Type

  • Single-family homes:

    674 sales (+3.4%)

    Benchmark Price $704,800 (+2%)

  • Townhouses:

    436 sales (+22.5%)

    Benchmark Price $468,000 (+8.3%)

  • Condos:

    Benchmark $411,900 (-1.6%)

    181 sales (-23%)

Market Outlook

With a stable employment base and consistent population growth, Ottawa is less prone to dramatic price swings. Rising inventory means more choice for buyers, while sellers benefit from continued healthy demand.

Overall, the market remains balanced heading into fall — positive news for both buyers and sellers in the Ottawa real estate market.

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 MLS®. The data is deemed reliable but is not guaranteed to be accurate.