Mercier–Hochelaga-Maisonneuve house market — March 2025
Based on 12 actual sales · CourtiConnect
Market context: house in Mercier–Hochelaga-Maisonneuve
In March 2025, the Mercier/Hochelaga-Maisonneuve neighbourhood recorded 12 sales transactions, establishing a median price of $676,500 and an average price of $636,750. This places the neighbourhood notably below the broader Montréal market, where the median house price across the trailing twelve months stands at $855,050 over 114 recorded sales. The Mercier/Hochelaga-Maisonneuve median sits 20.9 percent below the city-wide median, reflecting the neighbourhood's position as a more affordable segment within Montréal's residential landscape. The pace of sales activity in the neighbourhood offers insight into current market conditions. With 12 documented transactions in a single month, the market appears to be moving at a moderate rate, though the small transaction volume in a given month warrants caution when drawing conclusions about seasonal patterns or broader momentum. The neighbourhood continues to attract buyer interest despite its size and composition. Among the documented sales where asking price data was available, the average sale-to-asking price ratio stood at 0.973 over eight transactions. This figure indicates that, on average, properties in the neighbourhood are selling slightly below their initial asking prices, suggesting that buyer leverage has remained reasonably balanced or slightly favourable during this period. Such a ratio reflects typical negotiating dynamics in a moderately paced market. The housing stock in Mercier/Hochelaga-Maisonneuve is predominantly composed of older construction. Over the twelve sales recorded, 75 percent involved buildings constructed before 1980, while 25 percent dated to the 1980–2010 period. No properties from the post-2010 era appeared in the transaction sample, underscoring the neighbourhood's character as an established area with heritage properties that form the backbone of its residential supply. When purchasing a home in the neighbourhood, buyers should be aware that 42 percent of the twelve documented sales were concluded without a legal warranty of quality. This circumstance is a standard due-diligence consideration that warrants careful inspection and verification by the buyer's own professionals to confirm the property's condition and identify any necessary repairs or maintenance before proceeding. For buyers seeking entry into an established Montréal neighbourhood at prices notably below the city median, Mercier/Hochelaga-Maisonneuve continues to offer accessible options. Sellers in the area benefit from a neighbourhood that remains attractive to the market despite moderate transaction volume and the need for realistic pricing expectations relative to asking prices. To explore current valuations and market activity in greater detail, consider using a real estate estimator tailored to this neighbourhood's dynamics.