Le Plateau-Mont-Royal condo market — August 2026
Based on 34 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal recorded 34 condo sales in August 2026, establishing a solid foundation of transactional data for market analysis. The median price in the neighbourhood stood at $600,000, while the average price reached $644,015, reflecting typical variation in the upper end of the local market. When compared to Montréal as a whole, where the median condo price over the trailing 12 months across 1,857 sales was $579,500, Le Plateau-Mont-Royal commands a premium of 3.5 percent, positioning it as a consistently more expensive neighbourhood than the city average despite the recent softening in activity. The average time on market for condos in Le Plateau-Mont-Royal extended to 70 days during this period, a timeframe that suggests a moderately paced sales environment where properties require patience and strategic marketing to find their buyers. This duration indicates neither a rushed seller's market nor extended inventory challenges, but rather a balanced pace in which motivated buyers and sellers can negotiate from relatively stable footing. The sale-to-asking price ratio, calculated across the 34 documented sales, reached 0.982, meaning that properties sold at approximately 1.8 percent below their asking prices on average. This figure reveals a market environment where buyer leverage maintains a slight edge, though not dramatically so; sellers retain reasonable negotiating position, and the ratio reflects the kind of minor concessions typical of a neighbourhood with steady demand but without acute scarcity. The building stock across these 34 transactions reflects considerable age diversity within the neighbourhood. Pre-1980 construction accounted for 44 percent of sales, capturing the historic character for which Le Plateau-Mont-Royal remains renowned. Properties built between 1980 and 2010 represented 26 percent of transactions, while post-2010 constructions comprised 29 percent, indicating that modern condominiums have carved out a meaningful share of the market alongside older converted lofts and heritage buildings. When evaluating a purchase in Le Plateau-Mont-Royal, buyers should note that 15 percent of the 34 documented sales concluded without a legal warranty of quality, a situation that underscores the importance of standard due diligence practices including professional inspections and title verification before closing. For buyers navigating the neighbourhood, the combination of premium positioning and moderate pricing flexibility suggests opportunities to secure established real estate in a desirable central location. Sellers in Le Plateau-Mont-Royal should recognize that while the neighbourhood maintains its appeal and price advantage over the city, the current market dynamic requires realistic positioning and attention to property presentation to achieve competitive results. To estimate the value of your property or identify your next home in Le Plateau-Mont-Royal, consider using the real estate estimator tool tailored to current neighbourhood conditions.