Le Plateau-Mont-Royal condo market — February 2026
Based on 12 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal's condo market in February 2026 reflects a neighbourhood that remains substantially more expensive than the city average, despite recent moderation. Twelve recorded sales during the period established a median price of $772,500, with an average price of $811,821, positioning properties in this neighbourhood at a premium of 38.2 percent above the median condo price across all of Montréal over the trailing twelve months, where 1,944 sales transacted at a median of $558,800. This persistent price differential underscores the neighbourhood's continued appeal and established market position within the broader metropolitan condo landscape. The pace of sales activity shows a measured rhythm, with condos spending an average of 52 days on the market before sale. This timeframe suggests a balanced market dynamic where properties receive adequate exposure without extended holding periods, indicating neither rapid absorption nor stagnation. Buyers and sellers in the neighbourhood appear to operate within a market that allows for deliberate decision-making while maintaining reasonable transaction velocity. The building profile reflects a mature but diverse housing stock. Condos built before 1980 represent 42 percent of recent sales, while properties constructed between 1980 and 2010 account for the same 42 percent share, demonstrating that the neighbourhood's condo market is split evenly between older conversions and mid-period construction. More recent developments, completed after 2010, comprise 17 percent of sales, indicating that while new condo construction exists, it represents a minority share relative to the established built environment. From a due diligence perspective, 17 percent of documented sales over the period were concluded without a legal warranty of quality. Buyers should recognize this as a standard consideration warranting thorough inspection and customary verification checks, consistent with responsible real estate practice in any market segment. For buyers, Le Plateau-Mont-Royal offers established neighbourhood character backed by sustained market demand, though the 5.8 percent decline in median price over the preceding six months warrants attention to valuation trends. For sellers, the neighbourhood's premium positioning relative to Montréal as a whole remains a selling point, even as recent price softening suggests a market where pricing strategy requires current market awareness. To assess a specific property's value within this context, consider using a local real estate estimator calibrated to current Le Plateau-Mont-Royal conditions and recent comparable sales activity.