Anjou condo market — March 2025
Based on 8 actual sales · CourtiConnect
Market context: condo in Anjou
The condo market in Anjou recorded eight sales in March 2025, with a median price of $405,000 and an average price of $423,563. This positioning places Anjou notably below the broader Montréal market, where the median condo price over the trailing twelve months stood at $640,000—making Anjou condos 36.7% cheaper than the city as a whole. The gap underscores Anjou's appeal for buyers seeking more affordable entry points into the condo market relative to other neighbourhoods across Montréal. The pace of sales activity, as reflected in the eight transactions recorded, suggests a modest but steady market during this period. While average days on market data is not available for this snapshot, the transaction count points to a neighbourhood experiencing regular turnover rather than exceptional momentum or pronounced stagnation, consistent with a stable residential area serving established and new homeowners alike. Among six documented sales with recorded asking and sale prices, the average sale-to-asking ratio was 0.981, indicating that buyers negotiated final prices slightly below the initial asking amounts on average. This ratio suggests a market where sellers held modest leverage during negotiations, with transactions closing at approximately 98 cents on the dollar of listed price. This figure reflects the dynamic between supply and demand as it played out across these documented cases in March. The building profile in Anjou's March market shows a uniform composition, with 100 percent of sales involving condos built between 1980 and 2010. No properties from before 1980 or after 2010 changed hands during the period, meaning all transacted units represent mid-era housing stock typical of the neighbourhood's residential character. This concentration in a single construction period may be relevant for buyers evaluating maintenance patterns, building system upgrades, and renovation cycles. A noteworthy detail for purchasers is that 38 percent of sales concluded without a legal warranty of quality. This is a standard aspect of real estate transactions that buyers should address through their own due diligence, including professional inspections and customary pre-purchase checks to ensure they understand the property's condition and any work that may be needed. For buyers, Anjou presents an opportunity to acquire condos at prices substantially below the Montréal median, though the modest sample size warrants caution in extrapolating broader trends. For sellers, the negotiating environment in March reflected balanced conditions where properties moved at asking prices within a narrow margin, suggesting realistic pricing and steady buyer interest. To explore current conditions and estimate property values in Anjou, consider using the real estate estimator tool to assess individual listings and neighbourhood dynamics as the market evolves.