Gatineau condo market — August 2026
Based on 18 actual sales · CourtiConnect
Market context: condo in Gatineau
In August 2026, the condo market in the neighbourhood recorded 18 sales, establishing a median price of $295,000. When positioned against the broader Gatineau market, which logged 436 sales over the trailing twelve months with a median condo price of $309,000, this neighbourhood sits 4.5% below the city-wide average. This differential suggests the area offers relative value compared to Gatineau's overall condo landscape, though the sample size of eighteen transactions provides a 90–95% statistical confidence level for the neighbourhood figures. The distinction between neighbourhood and city medians reflects typical variance across Gatineau's diverse residential zones and their respective property characteristics. The average time a property spent on market during this period was 63 days, a metric that speaks to the pace at which listings move through sale cycles. This duration indicates neither a particularly brisk market nor extended holding periods; instead, it reflects a balanced rhythm where buyers and sellers encounter each other within a moderate timeframe. Such a pace suggests reasonable liquidity without the urgency that characterises either seller-favoured or buyer-favoured conditions. The documented sale-to-asking price ratio across sixteen of these sales was 0.977, meaning properties sold at approximately 97.7% of their asking price on average. This ratio, falling below unity, indicates that buyers held modest leverage during negotiations, with sellers maintaining reasonable pricing discipline. The slight discount below asking reflects competitive conditions where price expectations generally aligned with market reality, though buyers achieved small concessions rather than commanding substantially lower prices. The building stock in this neighbourhood skews toward established properties: 83% of the eighteen sales involved units constructed between 1980 and 2010, while 17% were built after 2010. No sales involved pre-1980 construction, meaning the neighbourhood's inventory consists entirely of buildings at least sixteen years old, with the bulk being between forty-six and forty-six years in age. This profile suggests buyers are acquiring mid-range to mid-aged condominiums rather than either heritage or new construction stock. In 11% of the sales documented, transactions closed without a legal warranty of quality. This outcome is a normal component of due diligence; buyers in such sales typically proceed with standard inspections and customary checks to verify property condition and system functionality. This practice neither signals deficiency nor represents an unusual circumstance in residential real estate transactions. For buyers, this neighbourhood presents modestly priced inventory within a moderately paced market where negotiating room exists but expectations remain disciplined. For sellers, realistic pricing relative to asking values appears to secure transactions within reasonable timeframes, reflecting stable market conditions. To estimate a property value in this neighbourhood with precision tailored to specific characteristics, consider using the local estimator tool.