Chomedey condo market — June 2025
Based on 11 actual sales · CourtiConnect
Market context: condo in Chomedey
The condo market in Chomedey recorded 11 sales in June 2025, with a median price of $410,000 and an average price of $440,864. This positions the neighbourhood at a 2.1 percent premium relative to the broader Laval condo market, where the median price over the trailing twelve months across 232 transactions stood at $401,500. The slightly higher valuation in Chomedey compared to the city as a whole reflects local market dynamics and the composition of properties that transacted during this period. The average time on market for condos in Chomedey during June 2025 was 46 days, a metric that provides insight into the sales velocity and absorption rate of the neighbourhood. This timeframe suggests a market moving at a deliberate pace, neither particularly brisk nor sluggish, indicating that buyers and sellers had reasonable opportunity to evaluate opportunities and negotiate terms without undue time pressure. The pace of sales reflects typical conditions for a secondary neighbourhood within the broader metropolitan area. Among the documented sales where asking price information was available, the average sale-to-asking price ratio was 0.990, calculated across ten transactions. This figure indicates that, on balance, properties sold slightly below their listed asking prices, suggesting a buyer-favourable dynamic where purchasers held modest negotiating leverage. It is important to note that this ratio covers only documented sales with clear asking price records and should be understood within that specific scope. The building profile in Chomedey is predominantly composed of mid-range residential stock. Across the eleven sales, no properties dated before 1980, while 73 percent were constructed between 1980 and 2010, and 27 percent were built after 2010. This distribution reflects a neighbourhood largely anchored by structures from the 1980s through 2000s, with a meaningful proportion of newer construction, indicating a reasonably contemporary housing stock with limited heritage or heritage-adjacent properties. Among the eleven sales recorded, 18 percent were concluded without a legal warranty of quality, a situation that is entirely normal in real estate transactions. Purchasers in such transactions simply undertake standard due diligence measures, including professional home inspections and conventional title and legal verification, as part of their acquisition process. For the buyer, the modest price premium and balanced negotiating position suggest a neighbourhood where fair market pricing is achievable with appropriate due diligence. For the seller, the June 2025 activity level and pricing indicate a market where properties are moving at a steady pace with realistic buyer interest. To explore current valuations and market conditions in Chomedey with greater precision for your specific property profile, consider using a detailed market estimator tailored to neighbourhood data.