Lachine condo market — June 2025
Based on 13 actual sales · CourtiConnect
Market context: condo in Lachine
In June 2025, the condo market in Lachine recorded thirteen sales with a median price of $465,000 and an average price of $454,731. This neighbourhood sits notably below the broader Montréal condo market, trading at 17.5% cheaper than the trailing twelve-month median for the entire city, which stood at $563,500 across 689 documented transactions. This significant gap reflects Lachine's positioning as a more affordable segment within Montréal's residential landscape, appealing to buyers seeking value in established neighbourhoods. The average time a property remained on the market before sale was 67 days, a figure that speaks to a moderate pace of transaction activity. Neither overly brisk nor sluggish, this timeframe suggests a market where properties move at a steady rhythm—neither sitting vacant for extended periods nor selling within days of listing. This pace indicates a reasonably balanced environment where both buyers and sellers have opportunity to conduct thorough due diligence and negotiate terms without undue urgency. Among the eight documented sales where asking price data was available, the average sale-to-asking price ratio was 0.983, meaning properties sold on average at roughly 98.3% of their listed asking prices. This figure indicates that sellers held modest leverage during the period; while prices did not substantially exceed asking prices, neither did they fall significantly below them. The market reflected a equilibrium where neither party could command dramatic concessions, though the slight discount suggests buyers retained some negotiating capacity. The building profile across the thirteen transactions showed substantial diversity in construction periods. Properties built after 2010 represented the largest segment at 46% of sales, reflecting a cohort of newer condominiums. Buildings constructed between 1980 and 2010 accounted for 38% of transactions, representing the mid-period stock. Only 15% of sales involved properties built before 1980, indicating that older inventory represents a smaller portion of recent market movement in the neighbourhood. Regarding property condition protocols, none of the thirteen documented sales were concluded without a legal warranty of quality, meaning all transactions included standard protections. Buyers should understand that conducting a professional inspection and completing standard due-diligence checks remain prudent practice in any real estate purchase, regardless of warranty status. For buyers, Lachine offers established neighbourhood character at a meaningful discount to central Montréal pricing. For sellers, the steady pace and near-asking-price outcomes suggest realistic opportunities to move properties within reasonable timeframes at fair valuations. To estimate the potential value of a specific property in Lachine, consult an interactive estimator tailored to current market conditions and individual property characteristics.