Market Update: Ottawa Real Estate June 2025
A Detailed Breakdown for Buyers and Sellers in a Ottawa Real Estate Market
The Ottawa Real Estate Market showed a boost in activity this June, with sales rising over last year despite a slower pace compared to May. While many expected a typical summer cool-down, the numbers suggest we’re still feeling the ripple effect of a delayed spring market. With more listings and stronger prices, it’s clear we’re entering a new seasoh. But what does that actually mean for buyers, sellers, and the future?
Let’s break it down.
How’s the Market in June 2025?
Home Sales: Annual Growth Despite Slower Summer Start
According to the Ottawa Real Estate Board (OREB), a total of 1,602 homes were sold in June 2025. That’s 10.6% more than the number sold in June 2024. While that marks a strong year-over-year increase, it also reflects a typical seasonal slowdown as sales dipped 11.3% compared to May 2025. This shift confirms what we often see a quieter market in early summer as buyers take a step back or finalize spring purchases.
Price Trends: Steady Increases, Except for Apartments
According to the latest averages:
- Single-family homes had an average sale price of $871,877, a 5.4% increase from June 2024.
- Townhomes/row units held relatively steady at $571,595, down just 0.2% year-over-year.
- Apartments, however, saw a notable decline, dropping 6.1% to an average sale price of $418,886.
This shift highlights a continued trend: low-rise homes are holding or gaining value, while apartment-style properties are facing affordability challenges and inventory pressures.
Inventory & Listings: More Homes Hitting the Market
Buyers now have more options, with 2,933 new listings added in June, a 13.8% jump compared to last year. This increase has pushed active inventory levels up and helped keep months of inventory steady at 2.7 suggesting a healthier balance between supply and demand.
More inventory doesn’t necessarily mean lower prices, but it does create more negotiating room for buyers and more competition for sellers.
What Does It Mean for Buyers?
Good news: you have more choice. The jump in inventory means you’re less likely to face extreme bidding wars or rushed timelines.
But don’t get too comfortable. Townhomes and well-priced single-family homes are still moving quickly, and financing remains a challenge for many due to high interest rates.
Tips for buyers:
- Get pre-approved to stay competitive
- Be prepared to act fast on homes that check your boxes
- Don’t overlook homes with price drops. They could be hidden gems
What Does It Mean for Sellers?
If you’re planning to sell, strategy matters more than ever. Buyers have options now, so pricing your home thoughtfully and presenting it in its best light is key.
OREB’s President said it best: “Sellers need to be future-focused—pricing thoughtfully and preparing their homes to be one of the top picks in their area.”
What sellers should focus on:
- Staging your home to stand out
- Working with an agent who knows your neighborhood
- Pricing based on current demand—not wishful thinking
Bigger Picture: How Is the Economy Affecting Real Estate?
There’s no doubt that global and local factors are shaping our market:
- Ongoing economic uncertainty and trade tensions are making buyers cautious
- High interest rates are still limiting affordability
- Inflation pressures are easing, but not gone
- New construction adds options but impacts resale condo demand
These factors are creating a market that rewards smart, informed decisions on both sides.
What Might the Future Look Like?
Expect a more active fall as families look to move before the school year and university students return. Inventory will likely stay strong, and if interest rates ease even slightly, we could see a second wave of demand.
That said, don’t expect dramatic price swings. Ottawa’s market tends to adjust gradually, which is great news for long-term buyers and sellers.
What It All Means
Together, these numbers paint a picture of a market that’s offering more balance and opportunity, especially for buyers. With more inventory and price growth slowing (particularly for apartments), we’re entering a phase where thoughtful pricing, preparation, and guidance will make all the difference, whether you’re buying or selling.
Navigating the Market with PREMIER
At PREMIER Real Estate Group, we don’t just track the market, we live it, every day, in real conversations with buyers, sellers, and homeowners across Ottawa. We understand that real estate decisions aren’t just about numbers; they’re about timing, goals, and what’s happening in your life.
That’s why we take the time to break down the data, watch the shifts, and guide you based on what’s actually happening, not just what the headlines say. Whether you’re months away from a move or ready to list tomorrow, we’re here to talk strategy, pricing, timing, or even just to help you figure out your next step.
Want to know what your home is worth today, or what the numbers mean in your neighbourhood? Let’s connect.
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For more information and personalized guidance on navigating today’s housing market, contact PREMIER Real Estate today!
