Chomedey house market — July 2025
Based on 16 actual sales · CourtiConnect
Market context: house in Chomedey
July 2025 recorded 16 documented sales in Chomedey, with a median price of $627,500. This figure places the neighbourhood notably more affordable than Laval as a whole, where the trailing twelve-month median across 431 recorded transactions stands at $850,000—representing a 26.2% discount relative to the broader city. This positioning reflects Chomedey's character as a value-oriented segment within the regional market, where buyers can access residential properties at a meaningful premium to pricing in higher-demand areas of Laval. The average time on market for these 16 sales reached 46 days, indicating a moderate pace of turnover. This duration suggests neither an exceptionally tight seller's market nor prolonged inventory pressure. Properties in Chomedey are moving at a measured rhythm, giving both buyers and sellers reasonable opportunity to negotiate terms while remaining competitive within typical market cycles. Among the documented sales, the average sale-to-asking price ratio was 0.989, a figure compiled from the 16 transactions recorded in July. This ratio—sitting slightly below one—indicates that buyers, in aggregate across these transactions, secured properties at prices marginally below their listing asking price. The pattern reflects balanced negotiating dynamics rather than runaway bidding wars, suggesting that while sellers retain reasonable positioning, buyers retain meaningful leverage in discussions. The housing stock involved in these sales skews toward mid-age properties. Fully 56% of the 16 sales involved homes built between 1980 and 2010, positioning the bulk of turnover in the post-war, pre-millennium bracket. Meanwhile, 38% of transactions involved homes built before 1980, capturing older, established housing stock. Only 6% of sales involved newly constructed homes after 2010, indicating that newer development represents a minor component of Chomedey's available inventory. This composition reflects a neighbourhood characterized primarily by conventional residential housing from established decades. In 38% of the 16 documented sales, properties were concluded without a legal warranty of quality. Buyers in such transactions should exercise standard due diligence, including professional home inspections and customary checks, to evaluate property condition and systems before closing—a prudent step in any residential purchase regardless of warranty status. For buyers, Chomedey presents an accessible entry point into Laval's residential market at a meaningful price advantage relative to the broader municipality. For sellers, the moderate absorption pace and balanced pricing dynamics suggest realistic expectations around both listing price and marketing timeline. To explore current valuations or test property estimates in Chomedey, consider using a real estate estimator designed for the Laval market.