Hull condo market — July 2025
Based on 17 actual sales · CourtiConnect
Market context: condo in Hull
The Hull condo market recorded 17 sales in July 2025, establishing a median price of $300,000 and an average price of $341,788. This represents a neighbourhood positioned below the broader Gatineau market, where the trailing twelve-month median across 398 transactions stands at $328,000. Hull condos are trading at an 8.5 percent discount relative to the city as a whole, a meaningful gap that reflects distinct property characteristics and buyer preferences within this specific sector of Gatineau. The pace of sales activity in Hull remains measured, with an average of 77 days on market. This timeline suggests a deliberate buying and selling environment where properties are neither moving with exceptional urgency nor facing prolonged marketing periods. A three-month holding pattern is typical for residential real estate in secondary markets within the region, indicating that both buyers and sellers are operating with realistic expectations around exposure and negotiation timelines. The sale-to-asking price ratio across the 17 documented sales reached 0.979, meaning that properties in this sample sold at approximately 97.9 percent of their listed asking prices. This figure signals a modest seller's advantage, as buyers are systematically paying slightly below the initial ask, though the margin remains narrow. The dynamic reflects balanced market conditions where neither party commands overwhelming leverage, and successful transactions depend on reasonable pricing and property presentation rather than bidding wars or steep concessions. The building profile in Hull leans toward established stock, with 71 percent of sales involving condos built between 1980 and 2010, while 29 percent represent newer construction from 2010 onward. This composition underscores that the majority of the market consists of mid-range vintage properties, typically offering stable structures and conventional layouts, with a meaningful minority of contemporary units providing newer systems and finishes. No transactions in the sample involved pre-1980 buildings. During the purchase process, buyers should conduct standard due diligence inspections and quality checks, as is customary in any residential transaction. Notably, 6 percent of the recorded sales in this sample were concluded without a legal warranty of quality, a figure within the normal range of market activity and simply a point for prospective purchasers to verify and discuss with their legal representatives. For buyers, Hull offers below-city-average pricing in a stable, mid-cycle neighbourhood market. For sellers, realistic asking prices aligned with the current median position realistic timeframes and reasonable buyer interest. To estimate a specific property value in this neighbourhood, consider using the local market estimator tool to refine your assessment based on individual unit characteristics.