LaSalle condo market — May 2025
Based on 24 actual sales · CourtiConnect
Market context: condo in LaSalle
In May 2025, the condo market in LaSalle recorded 24 sales with a median price of $499,500 and an average price of $499,162. This neighbourhood sits notably more affordable than Montréal as a whole, where the median condo price over the trailing twelve months across 473 sales reached $565,000. LaSalle's median represents an 11.6 percent discount relative to the broader city market, positioning it as a relatively accessible segment within the metropolitan real estate landscape for buyers seeking lower entry points than the typical Montréal property. The average time on market for LaSalle condos in May 2025 was 44 days, a figure that reflects a moderately paced sales cycle. This duration suggests neither an overheated market characterized by rapid turnover nor a sluggish environment where properties languish for extended periods. Properties moved through the market within roughly six weeks on average, indicating reasonable liquidity and a balanced rhythm between listing and transaction completion for this neighbourhood segment. Among documented sales where asking-price data was available, the average sale-to-asking price ratio stood at 0.992 across 19 transactions. This ratio, falling just below parity, indicates that buyers on average negotiated properties slightly below the initial asking price, suggesting that seller expectations required modest adjustment in the current market conditions. This modest discount reflects a market where neither buyers nor sellers held overwhelming leverage, with negotiations producing outcomes close to list values rather than dramatic price shifts in either direction. The building profile in LaSalle shows a market skewed toward newer construction. Among the 24 sales recorded, no properties dated before 1980, while 42 percent of sales involved buildings constructed between 1980 and 2010, and 58 percent involved buildings erected after 2010. This mix indicates that the LaSalle condo inventory is predominantly composed of relatively modern stock, with the majority having been built within the last fifteen years, which typically reflects contemporary building codes and amenity standards. When evaluating a condo purchase, all standard due diligence applies: inspections, property assessments, and customary legal reviews remain essential steps in any transaction. Across the 24 LaSalle sales documented in May 2025, none concluded without the legal warranty of quality, which is a routine component of residential property transactions in the province. For buyers, LaSalle offers a price point approximately 11.6 percent below the city median, with a predominantly modern housing stock. For sellers, the 0.992 sale-to-asking ratio suggests that realistic pricing and proper positioning are key to achieving outcomes close to list value in this neighbourhood. To explore what a specific property might be worth in LaSalle's current market, consider using the real estate estimator tool tailored to this neighbourhood and period.