🏡 Linda’s News & Views – Ottawa Real Estate Market Update (Summer 2025)
Welcome back to Linda’s News & Views. A lot has changed since my February update, and I want to make sure you have the most current market insights heading into the heart of summer. Whether you’re thinking of buying, selling, or just staying informed, here’s what matters most.
🌿 Ottawa Market at a Glance – May 2025
- Average home price (all property types): $728,623
5.5% increase year-over-year, and up 3% from April. - Benchmark price (typical property): $629,800
- Homes sold: 1,807 – +17% +38% more than April
- New listings: 3,430 – similarly strong spring growth
- Inventory: 2.4 months — consistently a balanced market
- Sales pace: Median days on market is 17 days, with properties selling for about 99% of list price
🏘️ Trends in Property Types
- Single-family homes: Average $870,788
- Townhomes: Average $569,352
- Condos: Average $492,359, with minor benchmark adjustments
💬 Linda’s Observations
It’s been a slightly late-blooming spring, but once it kicked in, buyers returned with confidence. Ottawa remains one of Canada’s most stable and affordable major markets, unlike the craziness in Toronto or Vancouver.
What this means:
- Buyers enjoy some negotiating space in this balanced environment
- Sellers still see strong interest, especially with thoughtful pricing and marketing
💡 Guidance for You
With 45 years in the business, I take pride in combining solid data with sincere support. Whether you’re navigating a first purchase, downsizing, or planning your next move, I’m here to offer straight talk and smart advice.
📞 Want to Take the Next Step?
Let’s connect over coffee, a walk-through, or a chat. I’m here whenever you’re ready to explore your options.
All my best,
Linda Lauzon
Realtor® | Ottawa Real Estate
“Rooted in Experience, Guided by Heart”