Hull duplex market — May 2025
Based on 10 actual sales · CourtiConnect
Market context: duplex in Hull
The duplex market in Hull recorded ten sales in May 2025, with a median price of $514,950 and an average price of $519,230. When compared to the broader duplex market across all of Gatineau, which posted a median of $539,160 over the trailing twelve months, Hull's neighbourhood median sits 4.5 percent below the city-wide figure. This pricing differential positions Hull as a relatively more affordable segment within the regional duplex market, though the sample of ten transactions represents a modest window into the month's activity and should be considered accordingly given the limited number of documented sales. The average time on market for these duplexes reached seventy-four days, a figure that reflects a moderate pace of transaction completion. This duration suggests neither a highly active seller's market where properties move quickly nor a sluggish buyer's market where listings accumulate significant inventory age. The seventy-four-day average indicates a market rhythm where properties require several months to find buyers, a pace typical of secondary markets within the broader region and consistent with typical seasonal patterns in the spring months. Among the ten documented sales, the average sale-to-asking price ratio came to 0.977, signifying that buyers concluded purchases at prices approximately two percent below initial asking prices on average. This metric, drawn from the ten documented sales in the sample, reveals a market where seller expectations and buyer offers converge with minimal deviation, indicating relatively balanced negotiating positions between the two parties rather than pronounced leverage concentrated in either direction. The building profile of these duplexes demonstrates a stock heavily weighted toward older construction, with eighty percent of the sales covering buildings erected before 1980 and twenty percent from the 1980 to 2010 period. No transactions involved properties constructed after 2010, meaning the Hull duplex market in May 2025 consisted entirely of pre-existing housing stock with substantial age, a characteristic that typically carries implications for ongoing maintenance and renovation needs. Sixty percent of the ten documented sales were concluded without legal warranty of quality, a contractual condition that places standard responsibility on buyers to conduct their own due diligence through property inspections and other customary checks prior to purchase. This represents a normal aspect of real estate transactions where buyers evaluate physical and structural condition independently. For buyers, this market offers established neighbourhoods with affordability relative to Gatineau's broader duplex landscape, though inspection and thorough assessment of older properties remains essential. For sellers, the balanced pricing dynamic suggests reasonable market conditions to list without expecting substantial price concessions. To estimate a specific property value in Hull, consider using a dedicated real estate estimator tool tailored to current market data.