Ottawa Real Estate Market Wrap-Up — December 2025

As we closed out 2025, the Ottawa real estate market has clearly shifted into a more balanced, thoughtful environment. Activity slowed seasonally in December, but the bigger story is inventory, choice, and patience returning, with meaningful differences depending on property type.

Overall Residential

Average prices finished the year at $658,943, relatively flat year-over-year. Days on market increased to 38 days, and active listings climbed 28.5% compared to last year. With 4.3 months of inventory, the market is offering buyers more breathing room while asking sellers to be strategic on pricing and presentation.

Single Family Homes

Single family homes remained the most resilient segment. The average price closed December at $796,608, down slightly year-over-year, but homes sold faster than last year at 31 days on market. Inventory rose modestly, bringing this segment to 4.3 months of supply, a healthier, more balanced pace compared to recent years.

Townhomes

Townhomes continued to be the most competitive category. Prices held steady at $548,745, with inventory sitting at just 2.8 months. While days on market increased slightly, demand remained strong relative to supply, keeping this segment tight heading into 2026.

Condo Apartments

Condos saw the biggest adjustment in 2025. Prices ended the year at $401,465, down year-over-year, with inventory climbing to 7.9 months. Longer days on market signal more negotiating power for buyers and a need for sellers to price aggressively and differentiate their units.

Looking Ahead 2025 marked a reset year, moving us away from urgency and toward clarity and choice. As we head into 2026, success will depend less on speed and more on good planning, accurate pricing, and realistic expectations, whether you’re buying, selling, or holding. If you’re curious how these broader trends apply to your home, your neighbourhood, or your plans for the year ahead, please reach out.