Le Sud-Ouest plex market — August 2026
Based on 5 actual sales · CourtiConnect
Market context: plex in Le Sud-Ouest
The plex market in Le Sud-Ouest recorded five sales during August 2026, establishing a median price of $1,499,000 and an average price of $1,438,800. This neighbourhood commands a significant premium relative to the broader Montréal market, where the median plex price over the trailing twelve months across 478 recorded transactions stood at $1,175,000. Le Sud-Ouest's median sits 27.6 percent above the city-wide median, reflecting the neighbourhood's established desirability and the premium buyers are willing to pay for properties in this area compared to other plex markets across Montréal. Properties in Le Sud-Ouest spent an average of 76 days on the market during this period, a timeframe that suggests a moderately measured pace of sale activity. This duration indicates neither an exceptionally brisk turnover nor extended listing periods, pointing instead to a balanced market where properties move with deliberation as buyers and sellers negotiate terms. The 76-day average reflects the typical rhythm of activity one might expect in a neighbourhood of this price point and profile, where transactions generally unfold without the urgency of a competitive seller's market nor the prolonged uncertainty of a sluggish one. Across the five documented sales, the average sale-to-asking price ratio was 0.946, meaning that properties sold at approximately 94.6 percent of their listed asking price on average. This ratio, sitting below unity, indicates that buyers generally secured modest price concessions from sellers during negotiations, suggesting a market position where vendor leverage is limited and purchasers retain meaningful negotiating capacity over the documented sales in question. The building stock represented in these transactions reflects a notably bifurcated profile by construction period. Sixty percent of the sales involved properties built before 1980, while 40 percent involved properties constructed after 2010. This split indicates that Le Sud-Ouest's plex inventory comprises both older character properties and newer developments, with no recorded transactions during August 2026 involving buildings from the 1980–2010 window. Buyers in this neighbourhood thus encounter a choice between established heritage structures and contemporary construction rather than a continuous spectrum of mid-era options. All five sales in the sample were concluded without a legal warranty of quality, a finding that reflects standard due-diligence practices common in many real estate transactions. Prospective buyers typically rely on thorough inspections, title searches, and standard conveyancing checks to satisfy themselves regarding property condition and clear ownership, approaches that remain entirely appropriate and customary in the purchase process. For buyers entering this market, Le Sud-Ouest offers access to a premium neighbourhood where modest price negotiation remains possible despite the elevated overall price levels. For sellers, the neighbourhood's strong median relative to the city presents a favourable backdrop, though the 0.946 sale-to-asking ratio signals the importance of realistic pricing strategies. To explore how a specific property might be valued within these market dynamics, consider using the real estate estimator for a detailed analysis tailored to Le Sud-Ouest's current conditions.