We continue to see meaningful changes that may impact your future plans. Read on for the details…

This past month, we saw a steady pace of sales alongside a notable increase in new listings. A total of 1,177 homes were sold (a slight -1.2% change from last year), while 2,405 new listings came to market. This has increased our housing supply to 3.6 months of inventory, up from 2.9 months a year ago. 

What does this mean? 
Buyers now have more choice and negotiating room, while Sellers are still benefiting from stable and growing home values, though with more competition than last year. 

Average Prices Across Ottawa (October 2025) 

• Overall Average Price: ~$709,000 (+5.7% year-over-year) 

By Property Type: 

• Single-Family Homes: ~$857,078 (+6.5%) 
  Demand remains strong—well-presented homes continue to perform very well. 

• Townhomes / Row Units: ~$556,302 (-1.2%) 
  More inventory here means Buyers may find better value and negotiation opportunities. 

• Condominium Apartments: ~$437,482 (+4.5%) 
  Condo supply has increased, offering Buyers more selection and flexibility. 

Key Takeaways 

For Buyers: 
You’ll find more selection and time to consider your options, with increased ability to include conditions and negotiate strategically—especially in the townhome and condo segments. 

For Sellers: 
Pricing and presentation are essential. While values remain strong, today’s Buyers are comparing more listings and are highly informed. Homes that are well-prepared and priced appropriately are still achieving excellent results. 

How We Support You 

At Sotheby’s International Realty Canada, we provide guidance rooted in market data, strategic pricing, and tailored marketing. Whether you are exploring your first purchase or preparing to sell, we ensure every decision is informed, confident, and aligned with your goals. 

If you would like: 

• A current market evaluation of your home 

• A list of properties that match your criteria 

• Or simply a conversation about next steps 

Please message me. I’m always here to help. 

Warm regards, 
Shara Turner, REALTOR 

Sotheby’s International Realty Canada