14 Oct October 2025 Newsletter – Staying in Touch
October 2025 Newsletter – Staying in Touch
Read the full issue of October 2025 Newsletter – Staying in Touch
Happy October & Thanksgiving!
The fall season is off to a great start! October brings the colours in the trees, a time to give thanks, last visits to local markets and Halloween fun. A reminder that October is fire safety awareness month, making it the perfect time to review fire prevention strategies. We have provided some tips to protect your home and real estate investment.
If you are thinking of moving up or entering the resale market, there is more choice available and more time to make an informed decision. Its a good time to review your finances and talk to your mortgage broker about financing/refinancing options. The decrease in the interest rate is also helping with purchasing and encouraging buyers to act. Market trends are changing in buying and selling.
Overall in September our real estate market in Ottawa remained balanced, with demand being steady. However there were 4,388 properties (all housing types) on the market at the end of September, an increase of approximately 19.4% when compared to September 2024. The sales-to-new listing ratio was about 38.5%. It’s important to monitor the supply of homes on the market and in specific neighborhoods. The average price for all sold propties in September in Ottawa was $690,397, up 0.3% from last year and year to date price is $699,910, a 2.7% increase when compared with the first 9 months of 2024. Months of inventory rose to 4.0 months from 3.2 months in August, still considered to be a balanced market. For more market information read our 50 Years of Change and our newsletter.
This month we’ve included:
- An Update on the Ottawa market and Mortgage information: The Foundation of Your Financing
- Articles: Fire Safety Tips in the Home, Repurpose Natural Elements in Your Fall Home Decor, 4 Ways to Make Home Hunting Easier
- Community events to enjoy in our city, including many local area farmers’ markets to check out before the end of the season!
We offer our support to the Kanata Food Cupboard this October. For more information, to donate or volunteer please visit their website.
We thank our family, friends, clients and colleagues for their continued support and trust. Enjoy Thanksgiving and take some time to enjoy our beautiful City this wonderful season.
As always, please feel free to contact us with any real estate questions or if you need a professional contact to assist you, whether it be a lawyer, painter, landscaper, mortgage broker, etc.
Joan, Victoria & Luc
Follow us on:
@JoanSmithRealEstateFamily
@JoanSmithRealEstateFamily
Mrs. Joan Smith
The Joan Smith Real Estate Family
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