Ottawa Real Estate Market Report - December 2025

Ottawa (MLS® HPI) — December 2025

In December 2025, the Ottawa real estate market shows a composite benchmark price of $613,700, reflecting a slight decrease of 0.1% compared to December 2024. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Ottawa real estate market in December 2025 demonstrates a steady environment with a composite benchmark price of $613,700. This represents a minor decline from the previous month’s benchmark of $620,300, suggesting a slight cooling in price growth. Year-over-year, the benchmark price has decreased marginally from $614,100, indicating that while prices are stabilizing, they are not experiencing significant fluctuations. The balanced market condition suggests that supply and demand are relatively equal, providing opportunities for both buyers and sellers to engage without extreme pressure on either side.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $694,900, while attached/townhouses are priced at $548,200, and apartments at $386,800. This price differentiation highlights the ongoing demand for detached homes, which continue to command higher prices, while townhouses and apartments remain more accessible options for buyers seeking affordability in the current market.

Regional Highlights

Regional trends indicate that the Ottawa market is maintaining its appeal, with a consistent demand across various neighborhoods. The balanced market condition suggests that buyers are actively seeking properties, while sellers are also motivated to list their homes, contributing to a stable inventory level. This environment is conducive to healthy market activity as both parties navigate the buying and selling process.

For Buyers

For prospective buyers, it is advisable to remain vigilant and prepared to act quickly when suitable properties become available. With the current balanced market conditions, buyers may find opportunities to negotiate favorable terms, particularly for detached homes, which have shown resilience in pricing.

For Sellers

Sellers should consider pricing their homes competitively to attract interest in a balanced market. With the slight decline in benchmark prices, it is crucial to present properties well and highlight unique features to stand out among the available listings.