Anjou condo market — August 2025
Based on 10 actual sales · CourtiConnect
Market context: condo in Anjou
In August 2025, the condo market in Anjou recorded ten sales transactions, establishing a median price of $381,500 and an average price of $400,600. This neighbourhood positions itself as notably more affordable than Montréal as a whole, where the trailing twelve-month median across 988 sales reached $560,000—making Anjou's median approximately 31.9% cheaper than the city-wide benchmark. This significant price differential reflects Anjou's position within the broader metropolitan landscape and offers meaningful context for buyers and sellers evaluating local market conditions. The pace of sales in Anjou during this period averaged 52 days on the market, a metric that suggests a moderately active sales cycle. This timeline indicates neither an exceptionally fast-moving market nor one experiencing prolonged inventory delays; rather, it reflects a steady rhythm where properties typically require just under two months from listing to closing. This duration provides a reasonable window for both marketing effort and buyer decision-making. Among the documented sales with recorded asking prices—covering eight transactions—the average sale-to-asking price ratio was 0.974. This figure, which sits below the 1.0 threshold, indicates that across these sales, properties generally concluded below their initial asking prices. This dynamic suggests that seller expectations may have outpaced buyer valuations during this particular month, though the proximity of this ratio to parity shows the gap was modest. Readers should note that this ratio is grounded in eight sales within a single month, and broad conclusions drawn from a small sample warrant appropriate caution. The building profile in Anjou's transaction set reflects exclusively properties constructed between 1980 and 2010, which represent 100% of the ten sales recorded. This composition means the neighbourhood's recent transaction activity centres on mid-range vintage housing, neither brand-new construction nor older pre-1980 stock. Such housing typically carries established maintenance histories and systems of intermediate age. In reviewing properties during purchase consideration, buyers should know that 30% of the ten sales documented were concluded without a legal warranty of quality, a circumstance that simply signals the need for standard due diligence including professional inspection and customary title verification. This arrangement reflects a straightforward transaction structure where purchasers rely on their own verification steps. For buyers, Anjou presents an entry point into Montréal's condo market at a meaningful discount to city-wide pricing. For sellers, the modest gap between asking and selling prices underscores the importance of realistic pricing strategy within a market where buyer leverage exists. To explore current valuations and market conditions in Anjou in greater depth, consider using a professional real estate estimator tailored to this neighbourhood.