Le Plateau-Mont-Royal condo market — July 2025
Based on 11 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
The condo market in Le Plateau-Mont-Royal recorded 11 sales in July 2025, establishing a median price of $875,000 for the neighbourhood. This median sits 55.7% above the condo median for all of Montréal over the trailing twelve months, which stood at $562,000 across 878 documented sales. The premium reflects Le Plateau-Mont-Royal's established desirability as one of the city's most sought-after residential districts, though the modest transaction volume in a single month suggests a selective rather than frenetic pace of activity. Properties in Le Plateau-Mont-Royal remained on the market for an average of 71 days before sale, a timeframe that indicates neither rapid turnover nor prolonged stagnation. This duration suggests a balanced market where buyers and sellers operate with moderate leverage; units attract genuine interest without requiring aggressive pricing or extended holding periods. The 71-day average reflects the neighbourhood's appeal to a steady stream of purchasers while acknowledging that no property moves instantaneously, even in prime locations. The building stock in Le Plateau-Mont-Royal reveals a notably divided composition. Thirty-six percent of the units sold were constructed before 1980, representing older, often character-rich properties from the neighbourhood's heritage period. A further 27% date from the 1980-2010 era, reflecting intermediate modernization waves. The remaining 36% were built after 2010, indicating that contemporary construction and renovation have kept pace with heritage preservation, creating a mixed inventory of older charm and newer finishes across the neighbourhood's residential portfolio. Among the 11 documented sales, 27% were concluded without a legal warranty of quality. This proportion is a standard consideration in real estate transactions; buyers in such sales typically proceed with customary due diligence practices, including property inspections and standard contractual checks to verify condition and functionality before closing. The prevalence of warranty-free transactions reflects market practice rather than any systemic concern about property condition. For buyers entering Le Plateau-Mont-Royal, patience and realistic pricing expectations remain essential, as the median price substantially exceeds the city average and competition for well-positioned units is genuine. For sellers, the 55.7% premium over the broader Montréal market underscores the neighbourhood's established value proposition, though the modest monthly transaction count suggests that achieving sale requires thoughtful positioning. To estimate the potential value of a specific property in Le Plateau-Mont-Royal, consider using the real estate estimator tool, which integrates recent transaction data and neighbourhood characteristics to provide data-driven guidance.