Le Sud-Ouest house market — May 2025
Based on 10 actual sales · CourtiConnect
Market context: house in Le Sud-Ouest
The residential real estate market in Le Sud-Ouest recorded ten sales during May 2025, establishing a median price of $987,500 and an average price of $991,000 for the month. This positions the neighbourhood considerably above the broader Montréal market, where the median house price across all neighbourhoods over the trailing twelve months reached $839,000 across 499 documented sales. Le Sud-Ouest therefore trades at a premium of 17.7 percent relative to the city as a whole, reflecting its desirability and the composition of housing stock available within its boundaries. The average time a property remained on the market in Le Sud-Ouest during May was 59 days, a figure that speaks to the pace at which transactions moved from listing to sale. This duration suggests a measured market rhythm, neither characterised by rapid absorption nor by prolonged inventory buildup, and indicates a balanced environment in which neither buyers nor sellers held overwhelming negotiating leverage during this particular month. The housing stock in Le Sud-Ouest leans heavily toward older construction, with approximately 80 percent of the ten sales involving buildings erected before 1980. The remaining transactions split evenly between homes built during the 1980-to-2010 period and those constructed after 2010, each accounting for roughly 10 percent of sales. This composition underscores that Le Sud-Ouest remains predominantly a neighbourhood of established residences, with relatively recent new construction representing only a minor share of the market activity. Among the ten documented sales, three transactions were concluded without a legal warranty of quality, representing 30 percent of the month's activity. This circumstance is not uncommon in real estate and reflects standard practice in which purchasers proceed with their own inspections and due diligence checks to evaluate property condition, a routine step in the acquisition process regardless of warranty status. For buyers evaluating properties in Le Sud-Ouest, the neighbourhood's 17.7 percent price premium over Montréal reflects established demand and neighbourhood characteristics that warrant careful assessment of individual property merit. For sellers, the 59-day average marketing period and completed transaction volume suggest reasonable market engagement, though the relatively small sample size of ten sales in any single month invites caution when drawing broader conclusions about sustained trends. To estimate the current market value of a specific property in Le Sud-Ouest, consider using a detailed real estate valuation tool that incorporates local sales data and property-specific characteristics.