Duvernay condo market — May 2025
Based on 10 actual sales · CourtiConnect
Market context: condo in Duvernay
In May 2025, the condo market in Duvernay recorded ten documented sales, establishing a median price of $383,000 for the neighbourhood. This median sits 5.4 percent below the trailing twelve-month median across all of Laval, which stood at $405,000 over 173 transactions, positioning Duvernay as a more affordable segment within the broader municipal market. The average sale price across these ten transactions reached $396,400, reflecting modest variation around the central tendency and suggesting a relatively homogeneous price distribution within the sample. The pace of sales activity in Duvernay during this period shows meaningful deliberation in the buying process. Properties remained on the market for an average of 88 days before closing, a duration that indicates neither rapid absorption nor prolonged inventory buildup, but rather a measured tempo typical of balanced market conditions where both parties have reasonable negotiating space. This timeframe allows prospective buyers adequate opportunity to conduct inspections and due diligence while enabling sellers to market their properties without extreme urgency. The sale-to-asking price ratio, calculated across the ten documented transactions, reached 0.978, meaning that properties sold at approximately 97.8 percent of their listing price on average. This figure below parity suggests a modest buyer advantage in negotiations, though the small sample of ten sales warrants caution in drawing broader conclusions about sustained market dynamics. Sellers in this context faced slight downward pressure, while buyers enjoyed incremental negotiating leverage, though neither position was pronounced. The building profile across these sales reveals a neighbourhood undergoing renewal. No properties from before 1980 changed hands in this dataset, while 40 percent of sales involved condos built between 1980 and 2010, and 60 percent involved newer stock constructed after 2010. This composition indicates that Duvernay's condo supply skews toward contemporary construction, with the majority of May transactions involving units less than fifteen years old at the time of sale. All ten recorded sales in Duvernay concluded with explicit legal warranty of quality intact, meaning that standard buyer protections and customary inspection procedures remained in place as part of the transaction framework. This alignment with conventional practice represents the baseline expectation in residential real estate, allowing buyers to exercise their normal due-diligence obligations with respect to property condition assessment and municipal records verification. For buyers, Duvernay offers newer housing stock at a five-percent discount relative to the broader Laval market, combined with moderate negotiating conditions. Sellers should recognize that the neighbourhood's price positioning and contemporary construction profile appeal to value-conscious purchasers willing to accept modest negotiating dynamics. To estimate a property value in Duvernay or explore this neighbourhood further, consider using the real estate estimator tool for current market conditions.