Ottawa Real Estate Market Update – Fall 2025

As summer winds down, Ottawa’s housing market is still active. August data shows balance overall, but each property type is moving differently. For both buyers and sellers, fall offers real opportunities if you understand where the market is heading.

The Market at a Glance

Ottawa currently has close to 4,000 active listings — about 37% higher than the five-year average. This increase is typical for the season, as more homes are listed before the busy fall market.

The sales-to-new-listings ratio sits at 58%, with just over three months of supply. That puts Ottawa in “balanced market” territory, where buyers have more choice, but sellers are still getting solid results.

Detached Homes: Consistent Demand

  • Average Price: $839,282 (up from last year)

  • Days on Market: 23 (steady)

  • Inventory: 3.1 months

Detached homes remain the most in-demand property type. Prices are climbing slowly, and most sell within three weeks.

Takeaway: Sellers of detached homes are well-positioned this fall. Buyers should expect competition for well-kept properties.

Townhomes: Slower Pace, More Choice

  • Average Price: $555,710 (down slightly, -0.6%)

  • Days on Market: 27 (5 days longer than last year)

  • Inventory: 2.5 months

Townhomes are still popular with first-time and budget-minded buyers, but listings are staying on the market a bit longer.

Takeaway: Buyers can take their time and compare options. Sellers should focus on pricing competitively and showcasing upgrades or low-maintenance living.

Condos: Buyer-Friendly Conditions

  • Average Price: $407,882 (down -1.3%)

  • Days on Market: 38

  • Inventory: 4.5 months

Condos, especially downtown, have the most supply and the slowest sales. Prices are dipping slightly, giving buyers more leverage.

Takeaway: Buyers have strong negotiating power here, whether asking for price adjustments, extras like appliances, or flexible closing dates. Sellers will need sharp pricing and strong marketing to stand out.

Advice for Buyers

  • Get pre-approved: Being ready helps you act fast on the right property.

  • Negotiate smart: Especially in the condo market, ask for extras or price flexibility.

  • Move early: Demand usually rises later in fall, so buying sooner can mean less competition.

Advice for Sellers

  • Price carefully: Homes priced in line with recent sales attract the most attention.

  • Invest in presentation: Staging and professional photos help you reach more buyers.

  • List early: September and October bring motivated buyers before the holiday slowdown.

Fall 2025 Outlook

Ottawa’s housing market remains steady going into fall. Detached homes will stay strong, townhomes will stay competitive, and condos will offer the most opportunity for buyers. Broader factors like interest rates and employment will affect affordability, but Ottawa’s stable government and tech sectors continue to support the market.

This fall, buyers benefit from choice and negotiating room, while sellers succeed by standing out with the right pricing and marketing.

Reed Allen

reed@newpurveyors.com

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Ottawa Real Estate: Why Fall is the Perfect Season to Make Your Move