News Release

95% of Ottawa Neighbourhoods Selling Below Asking

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New research from Wahi, a digital real estate platform and brokerage, shows Ottawa’s spring housing market stayed cooler than expected — with 95% of neighbourhoods seeing homes sell below asking price in the second quarter of 2025.

TORONTO, ONT. —July 29, 2025 — While a few Ottawa neighbourhoods saw homes going for above list price, Ottawa’s market mostly showed balanced conditions, modest underbidding, and pockets of buyer opportunity. The median home sold for just $9,000 below list price, showing that while competition is muted, the gap between buyers and sellers remains narrow.

Only five neighbourhoods — including Champlain Park and Lindenlea — bucked the trend with above-asking sales, likely due to low inventory in central, established areas. Meanwhile, more rural regions like Carp Ridge and Manotick saw the largest underbidding.

“The market continues to show signs of balance, where buyers have room to negotiate but sellers are seeing the gap narrow between list and sold price, “ says Wahi CEO Benjy Katchen.

See which Ottawa neighbourhoods came out on top for the most overbid and most underbid in Q2 2025.

The complete report, with downloadable charts, can be found here.

About Wahi

Wahi is a digital real estate platform that redefines the homebuying experience by putting more power into consumers’ hands by combining cutting-edge tech and market data with expert REALTORS®.

News Media Contacts:

Kristin Doucet

Wahi

Tel: 877-207-4273

Kristin.Doucet@wahi.com