Jonquière condo market — September 2024
Based on 5 actual sales · CourtiConnect
Market context: condo in Jonquière
In September 2024, the condo market in Jonquière recorded five documented sales with a median price of $235,000, positioning the neighbourhood approximately 3.1 percent above the median price observed across all of Saguenay over the trailing twelve months. That broader city comparison is anchored in 34 transactions over the same period, with Saguenay showing a median of $228,000. The five sales captured in Jonquière during this specific month represent a modest transaction volume, and any interpretation of market conditions should account for this small sample size and the limited window of observation. Information on average days on market for these properties was not available in the documented data, making it difficult to characterize the velocity of sales or the pace at which inventory moves through this particular segment. Without that metric, the discussion of buyer and seller motivation relative to market pace cannot be fully developed for this reporting period. The average sale-to-asking price ratio across the five documented sales stood at 0.973, indicating that properties sold slightly below their listing prices on average. This figure, derived from the recorded transactions alone, suggests that sellers retained some negotiating advantage or that listed prices held a modest premium to actual market clearance values during this interval. The building profile in the documented sales was notably uniform: one hundred percent of the five transactions involved properties built between 1980 and 2010, with no recorded sales of newer construction after 2010 and no older buildings predating 1980. This concentration reflects the available inventory that transacted during the month and underscores the prevalence of mid-market housing stock in the recorded activity. Among the five sales concluded, eighty percent were transacted without a legal warranty of quality. This outcome is a routine consideration in real estate due diligence; prospective buyers conducting standard property inspections and customary verification checks proceed as they would with any residential acquisition in the secondary market. For buyers evaluating properties in Jonquière, the median price point of $235,000 establishes a reference for market-rate valuation in the neighbourhood during this period. For sellers, the modest gap between asking and selling prices offers a realistic baseline for pricing strategy, though the very small transaction count warrants caution when extrapolating to future months. To explore how a specific property in Jonquière might compare to these September 2024 benchmarks, consider using a real estate estimator tailored to current market conditions in the region.