December 2025 at a Glance
As Ottawa’s real estate market moved through December, activity reflected the typical seasonal slowdown seen at year-end. Sales eased compared to December 2024, while new listings and overall inventory levels continued to rise, providing buyers with more choice and supporting a balanced market environment. With updates to benchmark price methodology underway, average sale prices and other key metrics offer the most reliable insight into current market conditions.
Market Activity and Pricing in December 2025
In December 2025, the Ottawa Real Estate Board (OREB) saw 587 residential properties sold across the Ottawa real estate market. This represents a 6.2% decrease compared to December 2024. December saw 644 new listings (+10.7%). There were 2,544 active listings (+28.5%).
The benchmark price is commonly used to represent the typical value of a home in Ottawa. However, the Canadian Real Estate Association (CREA) and OREB are currently updating the methodology used to calculate benchmark prices to better reflect local market conditions. As this revised approach is implemented, benchmark prices were not reported for December.
In the meantime, average sale prices offer a valuable measure of current market trends. The average sale price in December was $658,943 (-0.2%).
To complement pricing data, OREB shared Months of Inventory, which measures how long it would take for all active listings to sell at the current pace of sales, assuming no new listings are added:
- Single-family homes: 4.3 months
- Townhomes: 2.8 months
- Apartments: 7.9 months
Homes continued to sell at a steady pace, with an average of 38 days on the market, underscoring the overall balance between supply and demand across Ottawa’s residential segments.
December’s data illustrates a market in balance as the year came to a close. While sales activity slowed slightly, increased inventory and steady average prices point to continued stability across Ottawa’s residential segments. The inclusion of Months of Inventory and Days on Market data further highlights the equilibrium between supply and demand. As the revised benchmark pricing methodology is fully implemented in 2026, these insights will become even more precise, helping buyers and sellers make informed decisions in the year ahead.
