Le Plateau-Mont-Royal condo market — November 2025
Based on 19 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal's condo market in November 2025 recorded 19 documented sales with a median price of $840,000, positioning the neighbourhood at a substantial premium within Montréal's broader residential landscape. The neighbourhood's median stands 47.4 percent higher than the citywide condo median of $570,000 across the trailing twelve-month period, reflecting the consistent appeal and competitive positioning of this established urban district. With an average price of $905,035 across the recorded transactions, the market demonstrates the range of property values available within the neighbourhood, while the six-month trend shows a median price decline of 8.2 percent, indicating a softening market dynamic over the preceding half-year. The pace of sales, measured at an average of 56 days on market, suggests a moderately deliberate transaction cycle. This timeframe indicates neither a rushed seller's market nor a severely stalled inventory situation, but rather a balanced period where properties require a reasonable marketing window to find their buyers. In a neighbourhood of Le Plateau's desirability and price point, this duration reflects the selective nature of purchaser decision-making at these elevated price levels. Le Plateau-Mont-Royal's building stock reveals a neighbourhood dominated by older architecture, with 79 percent of the documented sales involving properties built before 1980. A further 16 percent of sales involved buildings constructed between 1980 and 2010, while only 5 percent represented newer construction completed after 2010. This composition underscores that Le Plateau remains fundamentally a heritage neighbourhood where mid-to-late twentieth-century urban fabric defines the residential character, with the vast majority of transactions involving homes with several decades of history. Regarding transaction documentation, 11 percent of the 19 recorded sales were concluded without a legal warranty of quality. As with any residential purchase, particularly in a neighbourhood where older buildings predominate, standard buyer due diligence including professional home inspection and customary municipal and title searches remain prudent practice to evaluate property condition and legal standing. For buyers considering entry into Le Plateau's market, the current pricing and moderate transaction pace offer an opportunity to conduct thorough evaluation before committing to a neighbourhood property at these price levels. For sellers, the extended timeframe and softening trend suggest the importance of competitive positioning and market-aware pricing strategy to move inventory in a deliberate environment. To determine the fair market value of a specific property in Le Plateau-Mont-Royal, you may wish to consult a real estate estimator tailored to current neighbourhood data.