Chomedey condo market — February 2026
Based on 8 actual sales · CourtiConnect
Market context: condo in Chomedey
Chomedey's condo market recorded 8 sales in February 2026, with a median price of $442,250 and an average price of $438,688. This neighbourhood sits notably above the broader Laval market, commanding a median price that is 8.4 percent higher than the city-wide median of $408,000 over the trailing 12 months, which was calculated from 635 sales. This premium reflects Chomedey's relative strength and desirability within the municipal landscape. Over the preceding six months, the neighbourhood's median price has climbed 3.9 percent, suggesting steady appreciation and continued buyer interest despite the modest transaction volume. The average time a property spent on the market in Chomedey was 78 days during this period. This timeframe indicates a moderate pace of sales activity—neither a fast-moving seller's market nor a sluggish buyer's market. Properties typically required more than two months to find a buyer, which suggests that while there is genuine demand, sellers cannot assume immediate offers and should price strategically to compete. Among the documented sales where asking and final prices could be compared, the average sale-to-asking price ratio was 0.974, calculated across seven transactions. This figure sits just below parity, meaning that on average, buyers negotiated modest discounts from the asking price during this window. This dynamic indicates reasonably balanced market conditions, where sellers retain some leverage but buyers have meaningful room to negotiate. The building profile in Chomedey shows a split between newer and established stock. Sixty-three percent of the eight sales involved properties built between 1980 and 2010, while 38 percent were constructed after 2010. No transactions involved condos built before 1980. This composition reflects a neighbourhood dominated by mid-range vintage units alongside a growing share of contemporary buildings, offering buyers a choice between established neighbourhoods with mature amenities and newer construction with modern systems. All eight transactions in February 2026 included a legal warranty of quality. As a buyer, standard due diligence such as professional inspections and thorough document review remains essential prior to purchase, regardless of warranty status, to ensure informed decision-making and uncover any specific property conditions. For buyers, Chomedey offers accessibility to a neighbourhood premium with moderate negotiating power and a reasonable selection window. For sellers, pricing competitively and understanding the 78-day market pace will be key to achieving timely, attractive results. To explore current conditions in Chomedey or to estimate a specific property's value, consider using the real estate estimator tool tailored to this neighbourhood.