Get Started Here
Ottawa Real Estate Market Update
Based on residential MLS system data information from Ottawa Real Estate Board. jurisdictional boundaries. All percentage changes are year over year comparisons.
Monthly Snapshot:
March 2025
OVERALL
- Average Sale Price
$685,866
+0.0% over March 2024
- Properties Sold
1,103
-6.2% over March 2024
TOWNHOUSE
- Average Sale Price
$558,232
+3.3% over March 2024
- Properties Sold
347
+3.0% over March 2024
SINGLE FAMILY
- Average Sale Price
$851,653
+0.9% over March 2024
- Properties Sold
550
-6.0% over March 2024
APARTMENT
- Average Sale Price
$426,413
-2.9% over March 2024
- Properties Sold
177
-25.9% over March 2024
Year-to-Date
Highlights
March 2025
With year-to-date average overall sale prices at $685,866, this value represents a 0.0% increase over March 2024. Despite fewer sales in March 2025, Ottawa’s real estate market remains strong with steady demand and resilient prices. High sale prices and growing month-over-month activity show confidence is returning as buyers respond to lower interest rates. As the spring market heats up, opportunities are emerging for both buyers and sellers to make their move.
Search for Your Next Ottawa Home
Looking for your next Ottawa home?
Start your search here.
Featured Condos in Ottawa
Featured New or Pre-Construction Condos and Homes in Ottawa
Recent News
Can You Buy Real Estate With Crypto in Canada?
Before I start, this is a gentle reminder that this post is not a financial or tax advice. Before proceeding with any real estate transaction with crypto, consult your lawyer…
A Guide for First-Time Real Estate Investors
Investing in real estate for the first time can be a lucrative and rewarding venture, but it also requires careful planning and research. To help you navigate the process, here's a guide with key steps and considerations for first-time real estate investors.
What to Prepare for When Buying Real Estate in 2025
Buying real estate in 2025 means navigating rising interest rates, inflation, and election-year uncertainties. Preparation and smart planning are key to success.
Boosting Home Value: Smart Renovations That Pay Off
https://youtu.be/hmf_VgC4ApY Home renovations can be the golden ticket to increasing property value and market appeal of your home. Whether you’re preparing to sell or simply looking to enhance your living…
Should I Buy a Condo or a Freehold Property?
Investing in real estate or purchasing a place to call home is one of the most significant decisions you'll face whether you buy a condo or a freehold property. Each…
March 2023 Ottawa Real Estate Market Update
Members of the Ottawa Real Estate Board (OREB) sold 1,194 residential properties in March through the Board’s Multiple Listing Service® (MLS®) System, compared with 2,003 in March 2022, a decrease…
Why You Should Relocate to Ottawa
Ottawa, the capital of Canada, is a beautiful and vibrant city that offers many opportunities for those looking to relocate. There are several reasons why you should consider relocating to…