Le Plateau-Mont-Royal house market — August 2026
Based on 5 actual sales · CourtiConnect
Market context: house in Le Plateau-Mont-Royal
In August 2026, Le Plateau-Mont-Royal recorded five residential sales, establishing a median price of $1,500,000 and an average price of $1,391,400 for the period. This places the neighbourhood substantially above the broader Montréal market, where the trailing twelve-month median across 1,874 transactions stood at $937,000—meaning Le Plateau-Mont-Royal commands a premium of 60.1% relative to the city as a whole. Such a significant differential reflects the neighbourhood's established desirability and the composition of its housing stock, though the sample size of five sales in the month provides only indicative statistical confidence for these figures. The market showed healthy movement during this period, with properties averaging 28 days on the market before sale. This pace suggests reasonable liquidity for homes in this price range and neighbourhood profile, neither indicating frantic bidding wars nor extended holding periods. Properties moved through the market at a measured tempo that reflects normal seasonal activity for Montréal's mid-summer period. Over the five documented sales, the average sale-to-asking price ratio reached 1.007, meaning homes sold marginally above their listed asking prices on average. This figure indicates that buyers across these transactions collectively held only slight leverage, with sellers maintaining near-parity in negotiations. The ratio remaining this close to unity suggests balanced market conditions for the sample of recorded sales rather than a pronounced advantage favouring either party. The building profile in Le Plateau-Mont-Royal reflects its historical character: 80% of the five sales involved properties constructed before 1980, while 20% dated from the 1980 to 2010 period. Not a single transaction involved a post-2010 construction. This composition underscores the neighbourhood's predominantly heritage housing stock, with most properties representing early twentieth-century and nineteenth-century construction typical of the area's urban fabric. During the due-diligence process, buyers should note that 40% of the sales concluded without a legal warranty of quality, which is a standard consideration requiring appropriate inspection and verification procedures consistent with purchase of older residential properties in the province. For buyers seeking established neighbourhood character and walkable urban living at a premium price point, Le Plateau-Mont-Royal continues to attract investment. For sellers, the marginal premium at sale and steady absorption rate support confidence in market conditions. To explore what your property might achieve in this neighbourhood, consider using the real estate estimator to obtain a current assessment.