Ottawa Real Estate – Easter, Tariff Talks & Election Distraction Breakdown

Heads up: Good Friday was March 29th and Easter Monday was April 1st last year — three weeks earlier. So year-over-year comparisons are a little skewed. It's not quite apples to apples... more like apples to Easter Eggs.

March 31–April 6 (No Holidays This Year, Easter Last Year)

  • Total Sales: 247 (up +7.4% from 230 last year)

  • Residential:

    • 175 sales

    • 99.10% LP vs SP

    • 26 days to sell

  • Condos:

    • 72 sales

    • 98.13% LP vs SP

    • 35 days to sell

Normal spring activity, solid pricing. Slightly slower condo movement. No Easter slowdown like last year.

April 7–13 (Pre-Good Friday Week)

  • Total Sales: 249 (down -16.2% from 297 last year)

  • Residential:

    • 173 sales

    • 99.06% LP vs SP

    • 23 days to sell

  • Condos:

    • 76 sales

    • 98.16% LP vs SP

    • 32 days to sell

Sales volume cooled off hard year-over-year, but prices held steady. Buyers weren’t rushing, but they were still paying.

April 14–20 (Good Friday + Easter Weekend This Year)

  • Total Sales: 216 (down -27.8% from 299 last year)

  • Residential:

    • 150 sales

    • 99.22% LP vs SP (highest of all weeks)

    • 20 days to sell (fastest of all weeks)

  • Condos:

    • 66 sales

    • 97.82% LP vs SP

    • 30 days to sell

Holiday weekend cratered volume, but serious buyers moved fast and paid full price.

April 21–27 (Post-Easter Recovery)

  • Total Sales: 227 (down -15.9% from 270 last year)

  • Residential:

    • 159 sales

    • 98.99% LP vs SP

    • 25 days to sell

  • Condos:

    • 68 sales

    • 98.28% LP vs SP

    • 32 days to sell

Sales tried to bounce back post-Easter, but still lagged behind last year. Pricing dipped slightly but stayed strong.

Big Picture:

  • Sales Volume: Every week (except the first) saw a double-digit drop in sales compared to 2024.

  • Pricing: Still fierce — homes selling within 1–2% of asking price.

  • Speed: Faster sales around Good Friday; a little slower as Easter passed.

  • Market Sentiment: Tariffs and election noise cooled the fence-sitters, but real buyers stayed sharp.

Final Verdict:
Ottawa’s market didn't crack under the pressure — fewer deals, but sellers still flexed on price.

For a personalized market assessment and tailored advice, reach out to a local real estate expert, like Mitch MacKenzie, to get insights specific to your real estate needs.

Mitch MacKenzie

mitch@mattrichling.com

Interested in learning more? Reach out via phone or email!