2025 Carleton Place and Lanark County Real Estate Market in Review
In 2025, I posted a short market update every month. Here they are in one place, so you can see how the whole year played out for Lanark County and Ottawa without clicking through twelve posts.
The short version: 2025 was a balanced year. Sales held steady, prices rose a little, and buyers took their time. Homes that were priced right still sold well.
2025 at a Glance
These are the full-year numbers from my December 2025 update.
| Lanark County | Ottawa | |
|---|---|---|
| Homes sold in 2025 | 1,247 (about the same as 2024) | 12,119 (up 2.89%) |
| Average sold price | $583,144 (up 3.08%) | $707,945 (up from $688,074) |
| Average days on market | 48 days (down from 51) | About 34 days for most of the year |
How the Year Unfolded
Winter: A strong start, with some worry
Lanark County started the year busy. In January, 58 homes sold, up 45% from 40 the year before, and 18.2% of homes sold over asking. There was also some worry about U.S. tariffs and what they might do to building costs. The Bank of Canada cut its rate to 3% in January.
Spring: Prices moving up
The Bank of Canada cut again in March, to 2.75%. By April, the average price in Lanark County was $581,466, up 6.81% from 2024. By May, 492 homes had sold, and homes were selling a little faster, in about 49 days.
Summer: Busier than last year
By the end of July, Lanark County had 813 sales, up 7% from the year before, with an average price of $586,944. Homes were selling in about 47 days, down from 51. In Ottawa, 7,699 homes had sold, with an average price of $714,464.
Fall: A more balanced market
The Bank of Canada cut in September and again in October, ending at 2.25%. By October, Lanark County had 1,122 sales and an average price of $582,631. Fewer homes sold over asking, down to 13.7% from 15.7%. Buyers had a bit more room to negotiate, and sellers still had steady demand.
Lanark County Month by Month
| Year to date | Homes sold | Average sold price | Days on market |
|---|---|---|---|
| January 2025 | 58 | $559,354 | 65 |
| February 2025 | 139 | $549,362 | 72 |
| March 2025 | 218 | $555,893 | 62 |
| April 2025 | 352 | $581,466 | Not listed |
| May 2025 | 492 | $582,595 | 49 |
| June 2025 | 659 | $588,619 | 46 |
| July 2025 | 813 | $586,944 | 47 |
| August 2025 | 914 | $583,209 | 47 |
| September 2025 | 1,014 | $581,168 | 47 |
| October 2025 | 1,122 | $582,631 | 47 |
| November 2025 | 1,190 | $579,021 | 47 |
| Full year 2025 | 1,247 | $583,144 | 48 |
What 2025 Tells Us Today
Looking back, 2025 was the year pricing mattered most. Buyers were active, but they compared homes carefully. Homes that were priced right from the start sold well. Homes that were priced too high sat.
That has carried into 2026. Through July 2026, the average sold price in Lanark County was $602,063. You can see the latest numbers in my Carleton Place Real Estate Market Update: Summer 2026. If you want to go back one more year, here is my 2024 Market in Review.
The Monthly Snapshots
If you want the details, here are my original one-page snapshots for each month of 2025:
- January 2025 Market Snapshot (PDF)
- February 2025 Market Snapshot (PDF)
- March 2025 Market Snapshot (PDF)
- April 2025 Market Snapshot (PDF)
- May 2025 Market Snapshot (PDF)
- June 2025 Market Snapshot (PDF)
- July 2025 Market Snapshot (PDF)
- August 2025 Market Snapshot (PDF)
- September 2025 Market Snapshot (PDF)
- October 2025 Market Snapshot (PDF)
- November 2025 Market Snapshot (PDF)
- December 2025 Market Snapshot (PDF)
If you would like to know what these numbers mean for your own home, I am happy to talk it through.
Keep reading
- Carleton Place Real Estate Market Update: Summer 2026
- 2024 Carleton Place and Lanark County Real Estate Market in Review
- Carleton Place Real Estate Market Forecast 2026
Want the details for your town? See my local market stats, including Carleton Place, or ask me what your home could sell for.
