š” Ottawa Real Estate: A Balanced Market is Back
By Linda Lauzon ā RealtorĀ® with 45 Years of Ottawa Experience
If youāve been waiting for a sign to get back into the market, this might be it.
After a slow start to the year, Ottawaās real estate market found its rhythm this spring. The numbers from May 2025 show strong buyer activity, solid price growth, and a noticeable increase in new listings. In short, weāre back to what we call a balanced market and thatās good news for both buyers and sellers.
š Whatās Happening in Ottawa?
- Average home price: $728,623
- Benchmark price: $629,800
- Homes sold: 1,807 in May alone
- New listings: 3,430
- Median days on market: 17
- Sales-to-listing ratio: 53% ā perfectly balanced
Townhomes, condos, and detached homes are all moving, but buyers are selective. The days of bidding wars on every property are mostly behind us, but well-prepared homes that are priced right are still selling quickly, and close to asking price.
š§ What Does a Balanced Market Mean?
A balanced market is when neither buyers nor sellers have the upper hand. It gives buyers time to think, and sellers the opportunity to plan. Thereās less panic, more strategy, and a better chance of creating a win-win on both sides of the deal.
Thatās where experience matters. Iāve worked through many cycles over the past 45 years, and what I know for sure is this: in every market, thereās opportunityāyou just have to know where to look and how to act.
š What Buyers Should Know
- More choice: Inventory is up
- Prices are stable, not skyrocketing
- You have room to negotiateābut act quickly when it feels right
š What Sellers Should Know
- Buyers are seriousābut picky
- Your home must be staged well, priced correctly, and marketed with care
- Curb appeal, condition, and timing all matter more than ever
If youāre thinking of selling, now is a smart time to prepare for a fall listing. Iām already working with clients to get ahead of the crowd.
ā Letās ChatāNo Pressure
Whether youāre downsizing, upsizing, or just trying to figure out what to do next, Iād love to help. I believe in real conversations, straight answers, and solutions that feel right for you.
Give me a call, send a quick note, or letās meet for coffee in the garden. Iām here to make your next move easierāwhatever that looks like.
Warm regards,
Linda Lauzon
RealtorĀ® ā Ottawa Real Estate
āRooted in Experience, Guided by Heartā