market updates - AUGUST 2025
Average Sale Price Residential: $686,536 up +3.6% over August 2024
Average Sale Price Condo: $407,882 down -1.3% over August 2024
Total Residential Homes Sold: 1,236 up +12.1% from August 2024
Total Condo Sales: 176 down -15.4% from August 2024
“August was an active month for Ottawa’s housing market, with overall prices trending upward and sales activity stronger than in recent years as the summer season winds down,” said Tami Eades, OREB President-Elect.
“While we continue to see different price movements across segments, the broader picture points to renewed momentum in the Ottawa Region as buyers and sellers alike re-engage ahead of the fall market. Ottawa’s market reflects balanced conditions, though we are mindful of broader economic factors—such as federal employment trends and U.S. trade policies—that could affect our market in the months ahead.”
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