šŸ” Ottawa Real Estate: A Balanced Market is Back

July 6, 2025

šŸ” Ottawa Real Estate: A Balanced Market is Back

By Linda Lauzon – RealtorĀ® with 45 Years of Ottawa Experience

If you’ve been waiting for a sign to get back into the market, this might be it.

After a slow start to the year, Ottawa’s 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, we’re back to what we call a balanced market and that’s good news for both buyers and sellers.

šŸ“ˆ What’s 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% – 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.

🧭 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. There’s less panic, more strategy, and a better chance of creating a win-win on both sides of the deal.

That’s where experience matters. I’ve worked through many cycles over the past 45 years, and what I know for sure is this: in every market, there’s opportunity—you just have to know where to look and how to act.

šŸ” What Buyers Should Know

  • More choice: Inventory is up
  • Prices are stable, not skyrocketing
  • You have room to negotiate—but act quickly when it feels right

šŸ  What Sellers Should Know

  • Buyers are serious—but picky
  • Your home must be staged well, priced correctly, and marketed with care
  • Curb appeal, condition, and timing all matter more than ever

If you’re thinking of selling, now is a smart time to prepare for a fall listing. I’m already working with clients to get ahead of the crowd.

ā˜• Let’s Chat—No Pressure

Whether you’re downsizing, upsizing, or just trying to figure out what to do next, I’d 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 let’s meet for coffee in the garden. I’m here to make your next move easier—whatever that looks like.

Warm regards,
Linda Lauzon
RealtorĀ® – Ottawa Real Estate
ā€œRooted in Experience, Guided by Heartā€