Jonquière plex market — March 2024
Based on 6 actual sales · CourtiConnect
Market context: plex in Jonquière
The plex market in Jonquière recorded six sales in March 2024, establishing a median price of $364,000 and an average price of $378,333. When compared to the broader Saguenay plex market, which posted a median price of $350,000 over the trailing twelve months based on fifteen sales, Jonquière properties commanded a premium of 4.0 percent, indicating that buyers in this neighbourhood paid meaningfully more than the city-wide average. This positioning reflects local demand dynamics and the relative appeal of Jonquière's housing stock within the regional context. The pace of market activity in Jonquière during this period points to a measured transaction environment. Without average days-on-market data available for this specific month, the raw transaction count of six sales suggests modest monthly activity typical of secondary market conditions in the region, where plex inventory moves deliberately rather than briskly. Among the five documented sales where asking price data was captured, properties sold at an average ratio of 1.063 relative to their listed asking price, meaning homes in the sample achieved prices above asking. This metric, drawn from a limited documented subset, suggests that sellers held modest negotiating advantage during March, with buyers competing sufficiently to push final prices above initial expectations in the transactions where complete pricing information was available. The six sales reveal a neighbourhood dominated by older construction. Half of the properties were built before 1980, representing the established housing stock that characterizes much of Jonquière's residential fabric. A further thirty-three percent of the sample dated from the 1980 to 2010 period, capturing mid-cycle properties that form the bulk of urban replacement. Only seventeen percent of sales involved newer construction from after 2010, underscoring that the plex market here remains anchored in heritage and intermediate-era buildings rather than recent development. All six documented sales in the sample were concluded without a legal warranty of quality, a standard characteristic that reflects the as-is purchase model common in secondary markets. Buyers in this context should undertake customary due diligence, including professional inspection and title verification, to satisfy themselves as to property condition and legal standing before purchase. For buyers, the 4.0 percent premium over city-wide medians suggests that Jonquière properties command recognition for their location or character relative to alternatives elsewhere in Saguenay. For sellers, the above-asking pricing signals sufficient demand to support realistic asking strategies without aggressive discounting. To estimate current market value for a specific plex in Jonquière, consult the real estate market estimator for this neighbourhood.