Chomedey house market — April 2025
Based on 16 actual sales · CourtiConnect
Market context: house in Chomedey
Chomedey recorded 16 documented sales in April 2025, with a median price of $625,000, positioning the neighbourhood at 28.7% below the median price for all of Laval over the trailing twelve months, which stood at $877,000 across 211 transactions. This substantial gap reflects Chomedey's position as a more affordable segment of the broader Laval market, offering entry and mid-range options for buyers seeking value in the region. The average price across the neighbourhood's sales reached $666,731, indicating that while some transactions exceeded the median, the overall distribution remained consistent with the neighbourhood's price positioning. The pace of sales in Chomedey during April 2025 reflects a moderately active market, though average days on market data for the neighbourhood was not available for this period. Understanding the velocity of sales requires attention to other indicators, particularly the relationship between listing prices and actual selling prices, which can reveal whether properties are moving quickly or facing prolonged inventory periods. Among documented sales where asking and final prices were recorded, the average sale-to-asking price ratio stood at 0.971 across fifteen sales. This figure indicates that, on average, properties in Chomedey sold slightly below their asking price, suggesting modest leverage in favour of buyers during this period. The ratio of 0.971 reflects the negotiation dynamics that characterized these specific transactions and should be understood as limited to the documented sales sample from April. The building profile in Chomedey shows a neighbourhood composed primarily of older and mid-age homes. Over fourteen documented sales, 43% of properties dated from before 1980, while 57% were constructed between 1980 and 2010. This mix indicates a neighbourhood where buyers should expect to encounter both established housing stock and more recently built inventory, with no sales recorded from properties constructed after 2010 during this period. Approximately 31% of the sixteen documented sales were concluded without a legal warranty of quality, a common scenario in residential transactions that simply means buyers should undertake standard due diligence procedures including home inspection and other customary checks prior to purchase completion. This is a normal part of the buying process regardless of warranty status. For buyers, Chomedey presents an opportunity to access the Laval market at a meaningful discount to the city's median price. For sellers, the modest sale-to-asking ratio underscores the importance of competitive pricing and property presentation in the current environment. To estimate the current market value of a specific property in Chomedey, consider using a local real estate estimator that incorporates recent transaction data and neighbourhood characteristics.