The Ottawa Real Estate Board has released its July 2025 statistics, and overall, the market continues to show strength and stability. We’re seeing year-over-year increases in sales, new listings, and average prices—positive signs that confidence remains strong among both buyers and sellers.
That said, it’s important to remember: averages are just that—averages. They don’t always reflect what’s happening in specific neighbourhoods or price points. And let me tell you, July was anything but average in my world!
From rentals to resales, I was right in the thick of an incredibly active market. Multiple offers weren’t the exception—they were the norm.
Here’s a glimpse of what I experienced:
A rental listing in Orléans received four strong applications and was leased in under a week.
When helping tenant clients search across Orléans and Ottawa, we had to act fast—every desirable rental had a lineup of qualified renters ready to go.
My client searching for a semi-detached in Westboro Beach fell in love with a stunning $1.499M home. Just three days on market, and it attracted four offers and sold over asking—without conditions.
Another client considered a fixer-upper listed at $399K... until we found out there were 18 other offers on the table. Eighteen!
Even my investor clients are navigating a highly competitive space, and my buyers are now more prepared than ever—armed with pre-approvals, documentation, and a strategy to act decisively.
So, what does this tell us?
July was busy, competitive, and full of opportunity—but only for those who were ready. Will August slow down, as it traditionally does, or will this momentum carry straight into the fall market? Time will tell.
In the meantime, one thing is certain: having the right guidance is essential. Whether you're buying, selling, or renting, working with an experienced realtor who understands the nuances of your specific market can make all the difference. From strategic planning to navigating multiple offers, I’m here to ensure you're ready to win—when the right opportunity comes your way.
If you’re thinking about making a move, or just want to better understand your options, I’d love to help.
Wishing you a fantastic August!
Warmly,
Shara Turner
Sales Representative
Sotheby’s International Realty Canada