Le Plateau-Mont-Royal house market — July 2026
Based on 6 actual sales · CourtiConnect
Market context: house in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal recorded six documented sales in July 2026, establishing a median price of $1,285,000 for properties changing hands during the month. This figure places the neighbourhood 39.7 percent above the median house price for all of Montréal over the trailing twelve months, which stood at $920,000 across 1,955 recorded transactions. The neighbourhood thus maintains its position as a premium market segment within the broader metropolitan housing landscape, commanding a substantial premium relative to the city-wide baseline. The average price across the six documented sales reached $1,310,833, reflecting the concentration of higher-valued properties typical of this established urban district. The average time properties remained on the market before sale was 88 days, a figure that speaks to a measured pace of transaction activity rather than an accelerated or stalled market. This timeframe suggests that while buyers and sellers are reaching agreement, the market is neither exhibiting urgent pressure for rapid turnover nor experiencing extended holding periods that would indicate weak demand. Properties in Le Plateau-Mont-Royal thus find their buyers at a deliberate rhythm consistent with a neighbourhood market characterized by selective purchasing and thoughtful vendor positioning. Over the six documented sales, the average sale-to-asking price ratio was 0.992, meaning that properties sold at slightly below their listed asking prices on average. This metric indicates that within this limited sample, seller expectations faced modest downward pressure from buyer offers, suggesting a buyer-favorable dynamic in the negotiation process, though the difference remains marginal across the transactions examined. The building profile in Le Plateau-Mont-Royal reflects an entirely pre-1980 housing stock across the six sales recorded, with no transactions involving properties built between 1980 and 2010, nor any built after 2010. This composition underscores the neighbourhood's character as a mature, historically established urban district dominated by older residential construction rather than modern infill or contemporary development. Half of the sales concluded without a legal warranty of quality, a share that merits standard due diligence on the part of any buyer, including professional property inspection and customary verification procedures. This circumstance is a routine consideration in real estate transactions and reflects common practice in the market. For buyers, Le Plateau-Mont-Royal's premium positioning and established stock demand careful evaluation of individual properties and neighbourhoods within the district. For sellers, the slight downward deviation in sale-to-asking ratios suggests that realistic pricing and property condition remain important factors in attracting qualified offers. To assess the current value of a property in Le Plateau-Mont-Royal, consider using an online real estate estimator tailored to recent neighbourhood market data.