Côte-Saint-Luc condo market — February 2025
Based on 14 actual sales · CourtiConnect
Market context: condo in Côte-Saint-Luc
In February 2025, the condo market in this neighbourhood of Côte-Saint-Luc recorded 14 documented sales with a median price of $570,000. This neighbourhood median sits notably above the broader condo market across Côte-Saint-Luc, where the trailing twelve-month median stands at $479,000—a gap of 19.0% that underscores the relative desirability and positioning of this particular area within the municipality. The average sale price across these 14 transactions reached $636,780, reflecting a range of property values and conditions typical of an established residential neighbourhood. Over the past six months, the neighbourhood's median price has appreciated by 5.6%, suggesting modest but consistent upward momentum in the local market. This trend indicates steady demand and relatively stable conditions, though the observation is based on a small sample of documented transactions in the neighbourhood over this period. The sale-to-asking price ratio across the 14 documented sales in February averaged 0.953, meaning properties sold at approximately 95.3 percent of their asking prices on average. This figure reveals a market where buyers retain meaningful negotiating leverage; sellers are not commanding premiums above listing prices, and prices tend to settle modestly below initial asks. This pattern covers only the documented transactions in the sample and reflects conditions specific to this particular month and neighbourhood. The building stock in this neighbourhood reflects a predominantly modern composition, with 92 percent of documented sales involving properties built between 1980 and 2010, while 8 percent date from before 1980. No sales involved buildings constructed after 2010 in the documented transactions. This mix indicates a neighbourhood composed largely of mid-life residential buildings, which typically offer established infrastructure and communities while generally requiring ongoing maintenance planning. Over the 14 sales examined, 71 percent were concluded without a legal warranty of quality. This arrangement is not uncommon in residential real estate transactions and simply means that purchasers should undertake standard due diligence including professional inspections and customary title and financial checks—prudent steps in any property acquisition. For buyers, this neighbourhood offers a premium positioning within Côte-Saint-Luc at prices where negotiation remains realistically available. For sellers, the modest gap below asking prices suggests realistic market conditions requiring competitive positioning and proper presentation to attract qualified interest. To explore properties and values more deeply in this neighbourhood, consider using a current market estimator tailored to Côte-Saint-Luc conditions.