Ottawa Real Estate Market Update April 2025

Описание: Housing Market Update for Ottawa, May 1, 2025. Ottawa had 1000 Residential Properties sell in April 2025, down 15.1%.

693 sales were freehold, down 17.5%, and 307 were condo sales, down 9.2% over last year.

The average price for a home in Ottawa (including residential homes and condos) is now $695,625, a decrease of 1.9% over April, 2024.

Breaking down the average prices into houses and condos:

The average price for a freehold house in Ottawa for April was $805,934, down 1.3%. This includes detached singles, Townhouses and Semi-Detached homes.

The average price for a condominium in Ottawa for April was $446,622 up 1.1%. This includes apartments, row units and stacked-style condos.

How long does it take to sell a Home in Ottawa?

Last month Freehold houses took 23 days to sell versus 21 days last year and Condominiums are taking 33 days to sell versus 31 days last year.

Inventory Levels, how many homes are on the market?

There were 2447 Residential Properties listed for sale at the end of last month within our territory.

Is it a Buyer's, Seller's or Balanced Market?

With an inventory of 2,447 homes and 1,000 sold, there are 2.4 months or 9.8 weeks of supply which translates to a Seller's Market.

Average Price and Percent Change by property type in April.

Single Detached Houses
$912,777
Down by 0.8%

Townhouses
$663,871
Down by 1.1%

Bungalows
$748,699
Down by 6.5%

1 1/2 Storeys
$748,582
Down by 24%

2 Storeys
$807,467
Down by 1.0%

3 Storeys
$875,062
Up by 1.5%

Split Level
$792,275
Up by 3.5%

High Ranch
$881,750
Up by 34%

Condo 2 Storey
$447,003
Up by 3.4%

Condo Apartment
$429,190
Down by 1.9%

Condo 3 Storey
$598,241
Up by 20.8%

Find out how much your home is worth...
https://agentinottawa.com/sellers/hom...

CHAPTERS:
00:00 Introduction
00:18 Number of Residential sales
00:31 Average price for a residential home
00:43 How long to sell a house
00:53 Number of condos sold
01:04 Average price for a condo
01:14 How long for a condo to sell
01:25 Buyer or seller market
01:39 Month over month average price in Ottawa

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