Market Update: Ottawa Real Estate December 2025
What Happened This December: What It Means for Buyers and Sellers
December 2025 closed out the year with a noticeably calmer pace across Ottawa’s real estate market. Compared to December 2024, fewer homes changed hands, inventory climbed, and pricing softened slightly across most housing types. This wasn’t a sudden shift, it was a gradual rebalancing that became more visible toward the end of the year.
New listings dipped slightly year-over-year, while total homes sold fell more sharply. At the same time, months of inventory increased from 3.3 to 4.8 months, signalling that buyers had more choice and more time to make decisions. That combination pushed the market further away from the urgency we saw in previous winters.
Compared to December 2024, this market feels more measured and balanced. Sellers no longer hold all the leverage, and buyers are approaching purchases with caution, strategy, and negotiation in mind. This shift doesn’t mean prices are collapsing, it means the market is resetting to something healthier and more sustainable.
Ottawa Real Estate Market Home Prices at a Glance
Here’s how each segment performed in December 2025 compared to December 2024.
Single-Family Homes
Average Price: $584,745
Change: -2.8%
Townhomes saw a slightly larger year-over-year price dip, reflecting increased supply and a more price-sensitive buyer pool. With more listings available and fewer bidding wars, this segment has become one of the most competitive, in a good way for buyers.
For sellers, townhomes now require a clear strategy. Condition, presentation, and realistic pricing are key. For buyers, this segment offers strong long-term value, especially for those moving up from condos or entering the market with a defined budget.
Townhomes & Row Units
Average Price:$543,777
Change:-6.6%
Townhomes are feeling the impact of rising inventory. New listings increased sharply, giving Buyers more negotiating power. While demand is still there, pricing pressure has eased, and Sellers need to be more strategic. This segment is shifting away from the rapid price growth we saw in previous years.
Apartments & Condos
Average Price: $401,465
Change: – 4.8%
Condos experienced the biggest adjustment this December. Sales were down significantly, inventory climbed, and prices softened the most among all housing types. With months of inventory near 5 months, buyers had the strongest negotiating position here.
This shift reflects affordability pressures, interest-rate sensitivity, and cautious investor activity. Sellers need to be especially strategic, pricing aggressively and preparing units properly to stand out. Buyers, on the other hand, are seeing opportunities that simply didn’t exist a year ago.
What This Means for You
With all these numbers in mind, what do they actually mean for you as a Buyer or Seller in Ottawa? Here are the key takeaways.
for buyers
December’s market gives you something rare: options and leverage. More inventory and slower sales mean you can take your time, ask questions, and negotiate with confidence. Whether you’re looking at a condo, townhome, or single-family home, today’s market rewards patience and preparation, not rushing.
for sellers
The market hasn’t stopped, it’s just become more selective. Buyers are paying attention to price, condition, and value. Homes that are positioned correctly are still selling, but strategy matters more than ever. Understanding your neighbourhood data, timing your listing, and pricing with precision can make all the difference.
Why Work With PREMIER
At PREMIER Real Estate Group, we don’t just glance at headlines, we dive into the numbers. We analyze local trends, neighbourhood-level data, and real buyer behaviour to guide every decision. Whether you’re buying or selling, we use market insight to help you move with confidence, clarity, and purpose.
If you’re thinking about making a move in 2026, let’s talk. The data tells a story, and we know how to use it to your advantage.
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For more information and personalized guidance on navigating today’s housing market, contact PREMIER Real Estate today!
