Hull condo market — March 2025
Based on 23 actual sales · CourtiConnect
Market context: condo in Hull
The Hull condo market recorded 23 sales in March 2025, with a median price of $324,000, positioning the neighbourhood at a slight discount relative to the broader Gatineau market where the trailing twelve-month median across 160 sales stood at $325,050—a difference of 0.3% in Hull's favour. This pricing dynamic reflects a neighbourhood that remains competitively positioned within the city's larger condo landscape, neither commanding a premium nor trading at a substantial markdown. The average sale price across the documented transactions reached $411,126, a figure that indicates variability in unit types and conditions within the sample, as the gap between median and average suggests some higher-priced properties influenced the average upward. The pace of sales in March 2025 provides insight into market momentum at that moment in the seasonal cycle. Spring typically brings increased activity to real estate markets across Quebec, and the volume of transactions recorded—23 sales in a single month—reflects a market segment demonstrating meaningful buyer engagement and inventory circulation. This level of activity suggests neither a stalled market nor one experiencing exceptional urgency, but rather a measured pace consistent with spring conditions when more buyers become active after winter months. The sale-to-asking price ratio across the 23 documented sales averaged 0.986, a figure that reveals buyers were able to negotiate modest concessions from asking prices. When this ratio sits below 1.0, as it does here, properties are settling at approximately 1.4% below initial asking prices on average. This metric, calculated from the actual documented sales in the sample, indicates a market where sellers hold reasonable expectations but retain some flexibility—neither buyers nor sellers possessed overwhelming leverage in March 2025. The building profile shows a market concentrated in mid-tenure properties, with 65% of sales involving condos constructed between 1980 and 2010, while 35% represented newer buildings constructed after 2010. No sales occurred in buildings predating 1980. This composition reflects a neighbourhood where the housing stock is predominantly modern by Quebec standards, with the majority of units falling within the four-to-forty-five-year-old range and a meaningful minority representing the latest decade of construction. Among the 23 documented sales, 4% were concluded without a legal warranty of quality. Purchasers acquiring a property in this category should conduct standard due diligence including professional home inspections and customary title and municipal compliance checks, as would be prudent for any real estate transaction. For buyers, the modest gap between asking and sale prices suggests room for negotiation within reasonable parameters. For sellers, the volume of March activity and competitive pricing dynamics indicate a market receptive to well-presented inventory. To estimate the current value of a specific Hull condo, consider using the neighbourhood estimator tool to benchmark against recent transaction data.