Hull house market — February 2025
Based on 8 actual sales · CourtiConnect
Market context: house in Hull
Hull's residential market in February 2025 recorded eight documented sales, establishing a median price of $681,400 for the month. This median sits four point seven percent below the trailing twelve-month median for all of Gatineau, which stood at $714,850, positioning Hull as a more affordable neighbourhood within the broader municipal context. The average price across these eight transactions reached $699,738, indicating a modest spread between the median and mean figures that reflects relatively consistent pricing within this small sample of recorded sales. The pace of sales activity in Hull during February offers limited visibility into market momentum given the modest transaction count, yet eight sales in a single month suggests steady residential movement rather than stagnation. The number of documented closings provides a snapshot of buyer and seller activity but should be interpreted with appropriate caution, as smaller monthly samples can fluctuate considerably from seasonal patterns and broader trends. Examining the relationship between final sale prices and asking prices reveals that homes in this documented sample sold for an average of 102.9 percent of asking price, meaning buyers paid above the listed amount on average across these eight transactions. This ratio, calculated from the documented sales alone, indicates that seller positioning held some leverage during this period, with market conditions favouring those listing their properties. Such a premium to asking price typically reflects competitive conditions where buyer demand meets or exceeds available inventory at current price points. The housing stock changing hands in February reflects a neighbourhood with considerable age diversity. Half of the documented sales involved homes built before 1980, representing the neighbourhood's established housing character. Thirty-eight percent of transactions involved properties constructed between 1980 and 2010, while thirteen percent covered newer homes built after 2010. This mix underscores Hull's position as a neighbourhood where older heritage homes coexist alongside mid-century and contemporary construction. Among the eight documented sales, thirteen percent were concluded without a legal warranty of quality, a circumstance that represents a standard due-diligence consideration for buyers. Purchasers in such transactions typically rely on property inspections and their own investigative work to assess building condition, a normal component of residential real estate practice rather than an unusual indicator. For buyers, Hull's pricing discount relative to Gatineau overall may present value for those seeking affordability within the municipality. For sellers, the demonstrated willingness of buyers to exceed asking prices suggests receptive market conditions for well-positioned properties. To explore current conditions in Hull and obtain estimates for specific properties, consult a local real estate estimator to inform your buying or selling decisions.