Spring activity is building in Ottawa’s housing market, which continues to remain nicely balanced for both buyers and sellers. In April, 1,336 homes sold — a modest 1.9% decrease from the same month last year, but a healthy increase from March. Year-to-date sales are running slightly behind 2025, but the recent uptick suggests the market is gaining momentum as the season progresses.
Supply has increased, giving buyers more options. New listings jumped 19.3% to 3,258, pushing total active listings to 4,535 (up 17.2% from last April). Homes are taking a little longer to sell — the median days on market rose to 21 days — and the sales-to-new-listings ratio sits at 41%, which points to balanced market conditions.
Prices remained stable. The average sale price was $712,184 (up just 0.8% from last year), while the median price held steady at $650,000. Benchmark prices have also begun to stabilize after earlier softness, with most property types showing modest month-over-month gains.
Inventory currently sits at approximately 3.4 months overall (Single-family: 3.1 months, Townhomes: 3.0 months, Apartments: 4.9 months). This level of supply gives buyers more choice and flexibility while keeping competition reasonable for sellers.
Regionally, suburban areas (especially the west) remain the most stable and active. Ottawa Centre is softer, largely due to higher condo inventory, while rural markets continue to offer more buyer-friendly conditions with longer selling times.
Looking ahead, the market is finding its footing after a slower winter. With interest rates holding steady and more listings coming to market, Ottawa continues to show good stability. Inventory levels will be the key factor to watch in the coming months.
Overall, it’s a balanced spring market that offers opportunities for both buyers and sellers. If you’re thinking about buying or selling this year, now is a great time to have a conversation about how these conditions affect your specific situation.
Despite ongoing economic uncertainty, Ottawa continues to demonstrate relative stability. Prices have remained in a narrow range and demand, while measured, continues to support balanced conditions rather than any sharp shift in either direction.