Ottawa’s market maintained a measured pace in July, with sales activity improving over last year and inventory levels continuing to rise. The additional supply is giving buyers more options, while prices remain stable across most property types. Here’s a closer look at the Ottawa Real Estate Board’s July 2025 statistics.
July 2025 at a Glance
Inventory Levels in July 2025
In July 2025, the Ottawa Real Estate Board (OREB) saw 1,318 residential properties sold across the Ottawa real estate market. This represents a 4.9% increase compared to July 2024. July saw 2,549 new listings (+11.7%). There were 4,205 active listings (+14.0%), 23.6% above the five-year average.
Home Prices in July 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 $633,100 (+1.9%). Breaking it down by property type:
- Single-Family Homes: $704,800 (+2.0%)
- Townhomes/Row Units: $468,000 (+8.3%)
- Apartments: $411,900 (-1.6%)
The average sale price in July was $695,209 (+2.2%). The more comprehensive year-to-date average price is $702,840 (+3.0%).
July’s numbers reflect a market in balance. Sales are keeping pace with demand, inventory is trending above historical norms, and price movements remain moderate. As summer progresses, the combination of increased choice for buyers and steady values for sellers positions the market well heading into the fall season.
