Le Plateau-Mont-Royal condo market — December 2025
Based on 12 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal recorded 12 condo sales in December 2025, establishing a median price of $843,000 and an average price of $943,833. This neighbourhood commands a significant premium within Montréal's broader residential market, trading at 48.5% above the city-wide median condo price of $567,800 recorded across 1,661 sales over the trailing twelve months. The pronounced gap between Plateau prices and the metropolitan average reflects the neighbourhood's longstanding desirability, cultural cachet, and density of heritage properties that continue to attract buyers willing to pay substantially more than the typical Montréal condo purchaser. The average time on market for a condo in Le Plateau-Mont-Royal stands at 62 days, a metric that indicates a moderately paced sales environment. This timeframe suggests neither an overheated seller's market nor a sluggish buyer's market; rather, it reflects a balanced negotiation dynamic where properties require sufficient exposure to reach their intended buyer pool but do not languish undiscovered. At this pace, sellers can expect a reasonable marketing window before closing, while buyers maintain meaningful opportunity to conduct due diligence and make deliberate decisions. Over the six-month period preceding December 2025, the neighbourhood's median price declined by 6.1%, a modest contraction that warrants attention from both market participants. This downward trend, though measured, signals subtle shifts in buyer demand or inventory dynamics that may influence pricing strategies and purchasing timelines in the coming months. The building stock in Le Plateau-Mont-Royal reflects its historical development patterns, with 60% of documented sales involving properties constructed before 1980, 30% from the 1980–2010 period, and 10% built after 2010. This composition underscores the neighbourhood's character as a mature, predominantly older residential area where mid-century and heritage properties substantially outnumber modern construction, a feature that defines both its appeal and the renovation considerations many buyers face. Among the twelve documented sales, 25% were concluded without a legal warranty of quality, a proportion consistent with standard real estate practice in Québec. Buyers in such transactions should ensure they conduct customary inspections and due-diligence steps to verify building condition and systems functionality before finalizing their purchase. For a buyer, Le Plateau-Mont-Royal offers established neighbourhood amenities and character at a substantial premium to city averages, requiring careful alignment of personal priorities with the median investment of $843,000. For a seller, the 62-day average marketing window and the ongoing 6.1% median price trend suggest the importance of realistic pricing and strategic presentation in a neighbourhood where competition remains consistent. To assess the current value of a specific property or to explore comparable sales data further, consider using the neighbourhood estimator tool tailored to Le Plateau-Mont-Royal's market dynamics.