Hull condo market — February 2026

Market context: condo in Hull

The Hull condo market in February 2026 recorded nine sales, establishing a median price of $301,400 and an average price of $301,200. Within the broader context of Gatineau, where the median condo price over the trailing twelve months across 506 sales reached $324,900, Hull's neighbourhood median sits 7.2 percent below the city-wide figure, positioning it as a more affordable pocket within the municipality. This price positioning reflects the particular appeal of the Hull market for buyers seeking value relative to Gatineau's overall residential condo offerings. The pace of sales in Hull during this period shows a measured rhythm, with properties spending an average of 68 days on the market before closing. This timeline suggests neither rapid turnover nor prolonged stagnation, indicating a balanced cadence typical of neighbourhoods where buyers have time to make deliberate decisions and sellers can expect reasonable exposure periods. The six-month trend in neighbourhood median pricing has declined by 1.8 percent, signalling a softening trajectory over recent months that warrants attention from those monitoring market dynamics. Examining the relationship between final sale prices and initial asking prices reveals a sale-to-asking ratio of 0.967 across the nine documented sales, meaning properties overall closed at approximately 96.7 percent of their asking prices. This figure, grounded in the actual transactions recorded, indicates that sellers are experiencing modest downward negotiation pressure, suggesting that buyers retain meaningful leverage in negotiations, though not overwhelmingly so. The building profile of condos that changed hands reflects a neighbourhood composed predominantly of mid-era stock. Seventy-eight percent of the sales involved buildings constructed between 1980 and 2010, establishing these as the core housing type in Hull's market. Pre-1980 buildings accounted for 11 percent of sales, while newer construction from 2010 onward represented the remaining 11 percent, creating a balanced if somewhat traditional architectural composition. In the course of due diligence, prospective buyers should note that 22 percent of the sales concluded without a legal warranty of quality. This figure reflects transactions where standard inspection protocols and property assessments remain particularly important steps for any buyer evaluating condition and suitability. Such transactions are a normal part of real estate markets and underscore the necessity of thorough pre-purchase investigation by the buyer's representative. For buyers, Hull presents an opportunity to access condo ownership at a discount relative to Gatineau's broader market while navigating a measured sales environment. For sellers, the current backdrop suggests pricing strategies should remain realistic and responsive to modest buyer advantage in negotiations. To explore specific properties or estimate valuations for a particular address in Hull, an automated property estimator tool can provide a useful starting point for your decision-making process.

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