Ottawa’s housing market remained resilient in August, with balanced conditions, steady demand, and moderate price growth setting it apart from broader provincial trends.
August 2025 Snapshot
- Homes Sold: 1,236, up 12.1% compared to August 2024
- Average Price: $686,536, up 3.6% year-over-year
- Year-to-Date Sales: 9,936, a 4.1% increase from 2024
- Total August Sales Value: $850M, up 16% YoY
- New Listings: 2,121, up 8.6%
- Active Listings: 3,971, up 13.3% from August 2024, 37.1% above the 5-year average
- Months of Inventory: 3.2, indicating a balanced market
While inventory remains elevated compared to both last year and the five-year average, this is not unusual for late summer, when available listings typically build ahead of the fall market. Ottawa’s sales-to-new-listings ratio of 58.3% and 3.2 months of inventory show that demand is keeping pace with supply, maintaining balanced conditions.
Property Type Trends
- Single-family homes: Broadly steady values
- Townhouses: Showing solid price gains
- Apartments/Condos: Softer demand, particularly downtown
These variations highlight how opportunities differ across property type, location, and price point.
Market Perspective
As Tami Eades, OREB President-Elect, notes:
“August was an active month for Ottawa’s housing market, with overall prices trending upward and sales activity stronger than in recent years as the summer season winds down. While we continue to see different price movements across segments, the broader picture points to renewed momentum in the Ottawa Region as buyers and sellers alike re-engage ahead of the fall market.”
Bottom Line
Ottawa’s market remains healthy, with stable price growth and more options for buyers than in recent years. As we head into the fall season, inventory trends will be key to watch, but for now, conditions reflect a balanced market that benefits both buyers and sellers.
