Anjou condo market — July 2025
Based on 12 actual sales · CourtiConnect
Market context: condo in Anjou
The condo market in Anjou recorded 12 sales in July 2025, with a median price of $386,750 and an average price of $421,042. This neighbourhood sits notably below the broader Montréal market, where the median condo price over the trailing twelve months reached $558,800 across 852 transactions; Anjou's median price is 30.8% cheaper than the city as a whole, positioning it as a comparatively affordable option within the metropolitan real estate landscape. This pricing differential reflects the neighbourhood's character and appeal to buyers seeking lower entry points while remaining within the greater Montréal area. The average time on market for condos in Anjou during this period was 55 days, a metric that reveals a moderate sales pace. This duration suggests a market where properties typically spend nearly two months from listing to sale, indicating neither rapid turnover nor extended stagnation. Properties move through the market at a measured rhythm, giving both buyers and sellers reasonable time to make informed decisions without the pressure of either extreme urgency or prolonged uncertainty. Among the documented sales where this metric could be assessed, the average sale-to-asking price ratio stood at 0.984, a figure covering ten documented transactions. This ratio indicates that buyers are closing deals at approximately 1.6% below the asking prices listed, suggesting a market environment where seller expectations are generally realistic and modest negotiation occurs in the buyer's favour. This dynamic reflects balanced conditions where neither party holds overwhelming leverage in typical transactions. The building profile in Anjou's condo market is notably homogeneous: across the twelve sales recorded, 100% of properties were built between 1980 and 2010, with no transactions involving buildings constructed before 1980 or after 2010. This concentration underscores that the neighbourhood's condo stock consists entirely of mid-era residential buildings, typically ranging from fifteen to forty-five years old, which influences both the character of available units and their maintenance profiles. Of the twelve sales concluded, 42% were finalized without a legal warranty of quality, a proportion that reflects standard practice in some real estate transactions. Buyers considering properties in this neighbourhood should undertake customary due diligence including professional inspections and title verification, procedures that represent normal precautions in any real estate acquisition regardless of warranty status. For buyers, Anjou presents an opportunity to acquire a condo at a substantial discount relative to Montréal's median, making it an accessible neighbourhood for those prioritizing affordability. For sellers, the moderate days on market and near-asking sales ratios suggest a receptive buyer base willing to transact at reasonable valuations without excessive holding periods. To estimate a property value in Anjou or explore current market conditions further, consider using a detailed real estate estimator tailored to this neighbourhood's specific dynamics.