August 2025 at a Glance
August reinforced the sense of balance that has been building across Ottawa’s real estate market throughout the summer. Sales activity moderated compared to the spring peak, yet remained well above last year’s levels. At the same time, inventory continued to expand, providing buyers with greater choice while maintaining stability in pricing. Together, these trends point to a market that is steady, resilient, and positioned for measured growth.
Inventory Levels in August 2025
In August 2025, the Ottawa Real Estate Board (OREB) saw 1,236 residential properties sold across the Ottawa real estate market. This represents a 12.1% increase compared to August 2024. August saw 2,121 new listings (+8.6%) and 3,971 active listings (+13.3%). The increase in active listings suggests a market that is gradually shifting toward balance, giving buyers more options while encouraging realistic pricing strategies for sellers.
Home Prices in August 2025
The benchmark price represents the value of a typical home in a given category. The overall benchmark price for all property types across the Ottawa MLS® system was $633,000 (+1.5%). Breaking it down by property type:
- Single-Family Homes: $700,100 (+1.5%)
- Townhomes/Row Units: $466,200 (+8.3%)
- Apartments: $412,300 (-1.1%)
Townhomes recorded the strongest price growth, underscoring their continued appeal to entry-level buyers, while apartment values softened slightly, reflecting differing dynamics across property types. The average sale price for all homes sold in August was $686,536 (+3.6%). While this figure can vary from month to month, it offers a helpful snapshot of overall price trends and long-term market movement.
Overall, August demonstrated stability in Ottawa’s real estate market, with incremental price growth and a wider selection of properties available to buyers. As we move into the fall, it will be important to watch how additional inventory shapes buyer demand and influences price trajectories. The coming months are expected to offer both buyers and sellers meaningful opportunities within a balanced and evolving market.
If you’re considering buying or selling in the coming months, now is a strategic time to evaluate your options. Contact me to discuss how these trends may impact your goals and to develop a tailored plan for your next move.
