Ottawa Real Estate Market Update – August 2025
Ottawa’s real estate market continued to evolve in August 2025, offering both buyers and sellers a more balanced playing field. According to the latest data from the Ottawa Real Estate Board (OREB), inventory has grown steadily, while buyer activity remains strong — resulting in one of the most stable late-summer markets in recent years.
📊 August 2025 Market Overview
- Total homes sold: 1,236 (⬆ 12.1% YoY)
- Average sale price: $686,536 (⬆ 3.6% YoY)
- Active listings: 3,971 (⬆ 13.3% from 2024)
- New listings added: 2,121 (⬆ 8.6% YoY)
- Months of inventory: 3.2 (Balanced market)
Inventory is sitting about 37% above the five-year August average, and when excluding pandemic years (2020–2021), it's still about 33–34% higher than 2018–2019 levels. That means more options for buyers — but without the panic selling or oversupply concerns.
🏡 Property Type Breakdown
- Single-Family Homes: Benchmark $700,100 (⬆ 1.5%) | Avg. Price: $839,282 | Median DOM: 23
- Townhouses: Benchmark $466,200 (⬆ 8.3%) | Avg. Price: $555,710 | Median DOM: 27
- Condominiums: Benchmark $412,300 (⬇ 1.1%) | Avg. Price: $407,882 | Median DOM: 38
🧠 What This Means for Buyers & Sellers
Buyers: More listings = more choice and potentially more negotiating power.
Sellers: It's not 2021, but a well-priced, well-marketed home still sells — especially in high-demand segments like townhomes.
📍 Ottawa Market Outlook
Ottawa continues to show signs of a healthy and resilient market. With government job stability and a relatively affordable average price compared to other major Canadian cities, many buyers are ready to re-enter this fall season.
🎧 Listen to Ottawa’s August Real Estate Trends
Need Advice?
Thinking of buying or selling this fall? Connect with The Home Guyz Team or use our free Home Value Estimator to get started.