Montreal’s residential market shows renewed activity as spring approaches. Inventory remains below the 10-year average while immigration-driven demand keeps prices firm. The condo market is split: new builds face absorption challenges while resale condos in established neighborhoods remain competitive.
$525K
Median price
+12% YoY
Sales volume
38
Days on market
-5% YoY
New listings
Price Trends
The median residential price reached $525K, up 6% year-over-year. Single-family homes in the Plateau, Outremont, and Westmount continue to command premiums. The $400K–$600K condo segment sees the most activity.
Inventory & Demand
Active listings are 5% below last year, keeping the market in balanced-to-seller territory. Immigration continues to fuel rental and purchase demand, particularly in the condo segment.
Neighborhood Highlights
Verdun and Villeray offer the best value for first-time buyers. Griffintown condo resales have stabilized after 2024’s correction. The Plateau and Mile End remain perpetually tight.