Ottawa Real Estate Market Update – September 2025
Ottawa’s housing market held its ground in September 2025, continuing the late-summer slowdown while maintaining balanced conditions. According to the latest data from the Ottawa Real Estate Board (OREB), overall demand remains steady despite a gradual increase in listings and a small dip in monthly sales. With prices showing remarkable stability and a recent rate cut from the Bank of Canada, the fall season is shaping up to be active yet measured for both buyers and sellers.
📊 September 2025 Market Overview
- Total homes sold: 1,089 (⬇ 12.0% MoM, ⬆ 2.4% YoY)
- Average sale price: $690,397 (⬆ 0.3% YoY)
- Active listings: 4,388 (⬆ 19.4% YoY)
- New listings added: 2,832 (⬆ 19.3% YoY)
- Months of inventory: 4.0 (Balanced market)
Sales eased slightly from August’s 1,236 transactions, but prices remained firm as demand balanced out higher supply. The uptick in listings gives buyers more choice while maintaining enough momentum to prevent significant price softening — a hallmark of Ottawa’s resilient housing landscape.
🏡 Property Type Breakdown
- Single-Family Homes: Benchmark $697,200 (⬆ 1.0%) | Avg. Price: $850,181 | Median DOM: 19
- Townhouses: Benchmark $462,800 (⬆ 7.8%) | Avg. Price: $555,679 | Median DOM: 22
- Condominiums: Benchmark $408,200 (⬇ 1.7%) | Avg. Price: $424,568 | Median DOM: 36
Townhomes continued to lead market stability this month, showing the strongest year-over-year price growth. Single-family homes saw slight upward movement, while condos softened marginally — a trend that’s consistent with buyer preferences for more space amid steady inventory gains.
🧠 What This Means for Buyers & Sellers
Buyers: With more than 4,300 active listings and balanced conditions, buyers have regained a degree of negotiating power — especially in detached and condo segments. The recent Bank of Canada rate cut to 2.5% may also encourage more first-time buyers to enter the market this fall.
Sellers: Homes that are competitively priced and well-presented continue to sell efficiently. While bidding wars are less common than in pandemic years, demand remains solid, particularly for townhomes and updated family properties in core neighborhoods.
📍 Ottawa Market Outlook
September reinforced Ottawa’s reputation for market resilience. With sales up 2.4% year-over-year, prices holding steady, and more listings enriching buyer choice, the region remains a model of balance compared to other Canadian cities. OREB President Paul Czan noted that townhomes continue to drive stability while detached homes ease slightly — a reflection of shifting affordability and buyer behavior.
As the fall market unfolds, expect modestly stronger activity as lower borrowing costs filter through and Ottawa’s stable employment base keeps confidence high.
🎧 Listen to Ottawa’s September Real Estate Trends
🎧 Listen to Ottawa’s September Real Estate Trends
Join Miguel Vidal and Cristofer Vidal as they unpack Ottawa’s September 2025 housing stats, rate changes, and what these shifts mean for the months ahead.
Source: The Real Deal with The Home Guyz – Episode: “Ottawa’s Balanced Fall Market”
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