Drummondville plex market — July 2025
Based on 6 actual sales · CourtiConnect
Market context: plex in Drummondville
The plex market in Drummondville recorded six sales during July 2025, establishing a median price of $732,500 for properties in this category. When compared to the broader plex market across the entire city of Drummondville over the trailing twelve-month period, which saw ten total sales and a median price of $740,000, this neighbourhood sits marginally below the citywide benchmark at a difference of negative 1.0 percent, indicating that properties here trade at prices slightly more affordable than the municipal average. This modest variance suggests relatively balanced valuation across different Drummondville neighbourhoods in the plex segment. The average time on market for these properties reached 111 days, a figure that reflects a measured pace of sales activity typical of markets where buyers take sufficient time to evaluate options and negotiate terms without the pressure of rapid turnover. This duration suggests that plexes in this neighbourhood do not experience acute supply shortages or exceptional demand surges, instead moving through the market at a deliberate rhythm that allows both purchasers and vendors reasonable opportunity to reach agreements aligned with their respective positions. Among the documented sales where comparable data was available, the average sale-to-asking price ratio stood at 0.929 across four transactions, meaning that properties sold at approximately 92.9 percent of their initial listing prices on average. This ratio below the 1.0 benchmark indicates that sellers have generally negotiated downward from their asking positions, reflecting buyer leverage in negotiations during this particular period and suggesting a market environment where price expectations have become somewhat more realistic as transactions occur. The building profile of plexes sold during this period shows considerable age diversity, with half the sales involving properties built before 1980, while one-third dated from the 1980 to 2010 interval, and the remaining 17 percent were constructed after 2010. This composition demonstrates a market encompassing both established multi-unit properties with longer ownership histories and more recent constructions, offering buyers a range of potential renovation requirements and property conditions. When evaluating a purchase, buyers should note that 83 percent of the six documented sales in this sample concluded without a legal warranty of quality, a standard feature of many real estate transactions that simply reflects the normal due-diligence obligations falling to the purchaser to conduct inspections and complete their customary verification checks before finalizing acquisition. For buyers, this market offers properties at a modest discount relative to city-wide medians, allowing capital to extend further in the plex segment. For sellers, the current pace and pricing dynamics suggest realistic listing strategies aligned with documented transaction outcomes will facilitate successful negotiations. To evaluate properties in this neighbourhood with greater precision, you may wish to use the Quebec real estate estimator, which can provide individualized assessments based on property-specific characteristics.