Hull condo market — April 2025
Based on 15 actual sales · CourtiConnect
Market context: condo in Hull
The Hull condo market recorded 15 sales in April 2025, with a median price of $332,500 and an average price of $339,793. Relative to the broader Gatineau market, where the trailing twelve-month median across 212 sales stood at $325,050, Hull condos command a premium of 2.3 percent, positioning the neighbourhood slightly above the municipal average and suggesting sustained appeal among buyers seeking properties in this part of the National Capital Region. The pace of sales in Hull during this period reflects a market in moderate motion. With 15 documented transactions in a single month, the neighbourhood demonstrates consistent activity, though any assessment of the velocity of sales—typically measured in days on market—requires caution given the limited sample size covering only the April 2025 window. Buyers and sellers should recognize that a month's snapshot provides directional insight rather than a definitive trend, and broader patterns would become clearer as additional months of data accumulate. Among the 15 documented sales, the average sale-to-asking price ratio was 0.986, indicating that properties sold just slightly below their listed asking prices. This figure, grounded in the actual outcomes of these specific transactions, suggests a market where sellers retain modest negotiating power and buyers exercise reasonable diligence in their offers. The ratio sits marginally below parity, which typically reflects a balanced dynamic rather than a pronounced shift toward either party's advantage. The building profile in Hull leans heavily toward properties constructed between 1980 and 2010, which accounted for 80 percent of the sales sample. Older buildings predating 1980 represented 13 percent of transactions, while newer condos built after 2010 comprised 7 percent. This composition indicates that buyers in Hull are predominantly acquiring and trading mid-era condominiums, reflecting the neighbourhood's historical development patterns and the relatively smaller proportion of either heritage stock or recently constructed units in the current market cycle. Among the documented sales, 7 percent were concluded without a legal warranty of quality, a standard consideration in any real estate transaction. Prospective buyers should view this as part of routine due diligence—conducting inspections and verifying standard checks remain prudent practice regardless of warranty status, as these steps form the foundation of informed purchasing decisions. For buyers, Hull's pricing premium relative to Gatineau suggests confidence in the neighbourhood's desirability, warranting careful evaluation of property-specific conditions and value. For sellers, the modest gap between asking and sale prices indicates a market where realistic pricing and presentation remain essential to achieving timely transactions. To explore specific properties or refine your understanding of current valuations in Hull, consider using a detailed market estimator tailored to this neighbourhood's recent activity.