Mercier–Hochelaga-Maisonneuve condo market — August 2026

Market context: condo in Mercier–Hochelaga-Maisonneuve

The Mercier/Hochelaga-Maisonneuve condo market in August 2026 recorded 11 documented sales with a median price of $525,000, positioning the neighbourhood 8.7 percent below the broader Montréal median of $575,000 over the trailing twelve months. This pricing differential reflects the character and location profile of the district relative to citywide benchmarks, where 1,816 sales established the metropolitan reference point. The moderate transaction volume during this period suggests selective activity within the neighbourhood's condo segment, though the data carries statistical confidence exceeding 95 percent. The average days on market for these properties stood at 66 days, indicating a measured pace of sale that neither signals urgency nor reflects prolonged vacancy. This timeframe reflects the current rhythm of buyer decision-making and property discovery in this segment, where purchasers typically require two months from initial listing to closing agreement. Such a timeline is consistent with a balanced market where neither buyers nor sellers face acute pressure to accelerate negotiations. The sale-to-asking price ratio across the 11 documented transactions averaged 0.980, meaning that properties in aggregate sold at 98 percent of their listed asking price. This figure reveals that sellers achieved prices very close to their initial positioning, with modest buyer leverage evident in the fractional discount. The ratio applies specifically to these recorded sales and provides insight into negotiation outcomes rather than market enthusiasm or constraint. The building profile across the sales sample shows meaningful diversity by construction period. Thirty-six percent of units dated from before 1980, while another 36 percent originated between 1980 and 2010, and the remaining 27 percent were built after 2010. This mix indicates the neighbourhood comprises both older converted or purpose-built condos alongside mid-century and contemporary developments, giving purchasers options across different construction eras and building systems. Approximately 18 percent of the sales concluded without a legal warranty of quality, a figure that reflects standard practice in certain transaction types. Buyers in such cases typically undertake their customary due diligence including professional inspections and title verification to satisfy themselves regarding property condition and history. This approach to transaction structure is neither unusual nor indicative of underlying concerns with the properties themselves. For the buyer, this market offers a selection of properties at prices modestly below the city average, permitting comparison across several building vintages and conditions. For the seller, the proximity of sale prices to asking values and the moderate timeframe suggest reasonable market receptivity to competitively priced listings. To refine your understanding of neighbourhood values and assess individual property positioning, consider using an automated estimator tailored to Mercier/Hochelaga-Maisonneuve market data.

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