Ottawa Real Estate Market Update: June 2025

Jul 9

As summer unfolds in Ottawa, the real estate market is offering a clearer picture of where things stand midway through the year. June brought a meaningful shift that reflects a delayed but steady recovery after a slower start to the spring market. Whether you are thinking of buying, selling, or simply staying informed, this update will give you the insight you need.

June at a Glance

In June 2025, a total of 1,602 homes were sold across the city. This marks a typical slowdown from May, which is common as the summer season begins. However, compared to June 2024, sales were up by 10.6 percent. That year-over-year increase suggests a healthy and stable market, even if the pace feels more measured than in past hot seasons.

This growth is particularly interesting because the traditional spring market began later than usual. It took longer for both buyers and sellers to jump in, but we are now seeing a surge in activity that arrived just a few weeks behind schedule.

Yearly Price Trends

Each property type is following its own trend, but overall, home values in Ottawa continue to show resilience:

The benchmark price for single-family homes was $707,600, which represents a 1.6 percent increase compared to June 2024.
Townhouses and row units saw the strongest growth, with a benchmark price of $467,900, reflecting a nine percent year-over-year increase.
Apartments experienced a slight dip, with a benchmark price of $411,500, down 0.6 percent.

Across all home types, the average sale price in June was $723,152. This represents a two percent increase from the same time last year.

This data suggests that buyers are still willing to pay for well-located, well-maintained homes. Townhouses continue to lead the way, likely due to their affordability and practicality for many first-time buyers and growing families.

What Buyers and Sellers Should Consider

For sellers, preparing your home thoughtfully is more important than ever. The market has more listings now, but not all homes are moving quickly. The homes that are priced accurately, look great online and in person, and are marketed with care are the ones getting the most attention and the best offers.

For buyers, this is a window of opportunity. With more inventory available, you have a better chance of finding a home that suits your needs without feeling rushed. However, well-presented homes in high-demand areas are still selling quickly, so it is important to be ready to act when you find the right one.

Property Types and Performance

Not all listings perform the same. Here's how different types of properties are faring in Ottawa right now:

Owner-Occupied Homes
These homes are leading the pack. They represent less than half of active listings but account for 58 percent of sales. They also sell faster, with an average of just 23 days on the market. Owner-occupied homes are usually well maintained, easier to show, and offer a more personal feel, which helps buyers picture themselves living there.

Vacant Properties
Roughly one-third of both listings and sales are vacant properties. These homes are neutral in performance and tend to sell more slowly unless they are professionally staged or priced very competitively. Without furniture or personal touches, buyers often struggle to connect emotionally with a space.

Tenant-Occupied Homes
These are the most difficult to sell right now. Tenant-occupied listings make up 17 percent of active listings but only seven percent of sales. They also stay on the market the longest, averaging over 42 days. The main challenges are limited showing flexibility and inconsistent presentation, which can deter potential buyers.

Final Thoughts

June 2025 has shown that Ottawa’s market remains strong and steady. Sales activity is trending in a positive direction, and values continue to grow modestly across most property types. If you are thinking about selling, now is a good time to prepare. Homes that show well, are priced right, and are marketed with intention are still seeing great results.

Thinking about buying or selling in Ottawa? Reach out for a customized strategy. We are here to help you navigate the market with confidence and clarity.