L'Assomption house market — May 2025
Based on 12 actual sales · CourtiConnect
Market context: house in L'Assomption
The housing market in L'Assomption during May 2025 recorded twelve documented sales, establishing a median price of $630,000 across the measured period. When compared to the broader L'Assomption market over the trailing twelve months—which encompassed forty-four total sales and a median price of $625,000—this particular segment sits marginally higher at 0.8 percent above the city-wide median. This positioning suggests that the neighbourhood remains competitive within L'Assomption's overall pricing landscape, neither commanding a substantial premium nor trading at a discount relative to the municipality as a whole. The pace of sales activity in this market shows meaningful deliberation. Properties remained listed for an average of 109 days before finding a buyer, a timeframe that reflects a measured rather than rushed sales environment. This duration indicates that purchasers have adequate time to make considered decisions and that sellers cannot expect rapid closures, suggesting a balanced dynamic where neither party holds overwhelming negotiating advantage through supply or demand pressure alone. Among the twelve documented sales, properties sold at an average ratio of 1.016 relative to their asking prices, meaning homes moved at prices averaging slightly above their listed values. This figure demonstrates that, across this small sample of transactions, buyer interest has been sufficient to support asking prices and modest appreciation beyond initial listing expectations. It is worth noting that this ratio reflects only the documented sales from the measured period and reflects transaction-level outcomes rather than broader market predictions. A noteworthy characteristic of the market involves the legal framing of transactions: seventeen percent of the sales were concluded without a legal warranty of quality. For prospective buyers, this is a standard due-diligence consideration that typically prompts thorough property inspections and customary checks before purchase completion, ensuring informed decision-making regardless of warranty status. For buyers, the moderate time-on-market metric provides opportunity for careful evaluation without the pressure of rapid competitive bidding. For sellers, the slight above-asking performance suggests that appropriately priced inventory can attract sufficient interest to achieve satisfactory outcomes. To understand how a specific property might position itself within this evolving marketplace, consider using the real estate estimator to develop a data-informed perspective on local valuations and current conditions.