As summer winds down, Ottawa’s housing market continues to demonstrate its trademark stability. September brought a seasonal dip in sales but steady prices — a clear sign that underlying demand remains firm, even as buyers enjoy more choice in the market.
September 2025 Snapshot
- Homes Sold: 1,089 (+2.4% compared to Septemeber 2024)
- Average Price: $690,397 (+0.3% year-over-year)
- Year-to-Date Sales: 11,025 (3.9% increase from 2024)
- Total Sales Value: $751M (+2.8% YoY)
- New Listings: 2,832 (+19.3% YoY)
- Active Listings: 4,388 (+19.4% from September 2024; +21.8% above 5-year avg.)
- Months of Inventory: 4.0 (Balanced Market)
With the Bank of Canada’s recent 25-basis-point rate cut and a 19% jump in new listings, the Ottawa market is poised for renewed activity this fall. Balanced conditions continue to favour thoughtful decisions — giving both buyers and sellers room to act strategically.
Property Type Trends
- Single-Family Homes: Holding steady
- Townhouses: Star performers
- Condos: Lagging behind a bit
Townhomes once again lead price stability across the region, reinforcing their role as the “missing middle” in Ottawa’s housing mix. Detached homes remain steady, while condos continue to see softening at the entry level — providing opportunities for first-time buyers entering the market.
Bottom Line
Ottawa’s housing market remains resilient — balanced supply, steady demand, and early signs of renewed buyer confidence following the rate cut. With inventory levels climbing and prices holding firm, fall 2025 may offer a rare window of opportunity before momentum builds again heading into the new year.
Ottawa’s real estate story this fall is one of resilience and renewal. Balanced, stable, and still moving — that’s the GoodStory way.
