L'Assomption house market — March 2026

Market context: house in L'Assomption

In March 2026, the housing market in L'Assomption recorded eleven sales, with a median price of $630,000 and an average price of $653,782. When compared to the broader L'Assomption market over the trailing twelve months—which saw one hundred sales at a median price of $646,900—this particular neighbourhood positioned itself slightly below the city-wide average, trading at a 2.6 percent discount relative to L'Assomption as a whole. This positioning suggests a neighbourhood that remains competitively priced within the local market landscape, neither commanding a premium nor trading at a substantial discount. The average time a property spent on the market in this neighbourhood was eighty-five days, a figure that reflects a moderate pace of sales activity. This duration indicates neither an exceptionally brisk market where homes disappear quickly nor a sluggish environment where listings linger indefinitely. The eighty-five-day average suggests a market in relative equilibrium, allowing both buyers adequate time to make deliberate decisions and sellers reasonable opportunity to connect with qualified purchasers. When examining the sale-to-asking price ratio across the eleven documented sales, the neighbourhood registered a ratio of 0.986. This figure reveals that, on average, homes in this neighbourhood sold just shy of their asking prices, indicating a market environment where buyers retained meaningful negotiating leverage. Sellers, conversely, faced a landscape where asking prices required modest adjustment to achieve closing, suggesting a balanced dynamic rather than conditions strongly favouring either party. The building profile within the neighbourhood demonstrates considerable diversity in age. Over the ten sales where construction data was recorded, ten percent of properties were built before 1980, sixty percent were constructed between 1980 and 2010, and thirty percent dated after 2010. This composition reflects a neighbourhood with a substantial mid-career housing stock, complemented by both established older homes and newer construction, creating a varied supply that serves different buyer preferences and budgets. In the course of market activity, eighteen percent of the eleven recorded sales concluded without a legal warranty of quality. For potential buyers evaluating properties in this neighbourhood, this represents a standard due-diligence consideration, reinforcing the importance of conducting thorough property inspections and pursuing customary checks during the purchase process. Prospective buyers should view such transactions as occasions to exercise careful examination practices. For buyers, this neighbourhood presents an opportunity to acquire homes at prices modestly below the city-wide median while maintaining adequate time for decision-making. For sellers, the market conditions suggest that realistic pricing aligned with comparable sales remains essential to achieve timely transactions. To explore current market conditions further and assess individual properties in this neighbourhood, consider using the real estate estimator to stay informed on ongoing developments.

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