market updates - OCTOBER 2025
Average Sale Price Residential: $709,002 up +5.7% over October 2024
Average Sale Price Condo: $437,482 up +4.5% over October 2024
Total Residential Homes Sold: 1,177 down -1.2% from October 2024
Total Condo Sales: 152 down -21.2% from October 2024
“Ottawa’s market continues to demonstrate balance and resilience,” said OREB President Paul Czan. “We’re seeing modest growth in sales activity, stable pricing, and a seasonal easing of elevated inventory levels. The recent rate adjustments provide optimism for the coming months, but economic uncertainty looms, and buyers and sellers remain cautious, watching how broader economic factors play out. The current environment points to a steady market rather than a rapid shift in either direction.”