Ottawa Real Estate Trend: March & April 2025

The Ottawa real estate market gained momentum this spring, with more homes coming onto the market and a notable rise in sales from March to April. In March 2025, 2,074 homes were listed and 1,103 were sold at an average price of $701,837. By April, new listings jumped to 2,589 and sales climbed to 1,306, while the average home price increased to $707,180.

Detached homes in Ottawa led the market with 669 sales in April, followed by condos in Ottawa (216), townhomes in Ottawa (409), and semi-detached homes in Ottawa (46). Here’s a quick look at the latest numbers:

Ottawa Real Estate Market Stats for March & April 2025

Home Sales in Ottawa by Property Type (April 2025)

What’s Happening in Ottawa’s Housing Market?

• More homes for sale:  2,589 new listings in April, up from 2,074 in March.

• Sales up: 1,306 homes sold in April, compared to 1,103 in March.

• Prices rising: The average price was $707,180 in April, up from $701,837 in March.

• Detached homes most popular:  669 detached homes sold in April, leading all property types.

What’s Driving the Ottawa Real Estate Market in Spring 2025?

A surge in inventory and renewed buyer confidence are fueling spring activity. While sales are still below long-term averages, higher inventory and stable prices are giving buyers more negotiating power. Economic uncertainty and affordability remain factors, but Ottawa’s balanced market offers opportunities for both buyers and sellers.

What Does This Mean for You?

• For Buyers:
  With more homes on the market, you can compare detached homes in Ottawa, townhomes in Ottawa, condos in Ottawa, and semi-detached homes in Ottawa to find your ideal property and negotiate a great deal.
• For Sellers:
  With more competition and longer days on market, it’s important to price your home right and present it well to attract buyers.

Explore Ottawa Resale Listings

Ready to find your next home? Browse the latest resale listings in Ottawa by property type:

• Detached homes in Ottawa

• Townhomes in Ottawa

• Condos in Ottawa

• Semi-detached homes in Ottawa

Source:

Ottawa Real Estate Board (OREB) Market Update, April 2025

Disclaimer: The content above is a compilation from diverse reliable online sources, including blogs and news articles. The Homebaba.ca content team does not ensure the factual accuracy of the information. The provided information may be outdated, and it should not be considered as advice or a recommendation. It is advisable to consult with a licensed real estate agent or broker for accurate advice and recommendations.