Mercier–Hochelaga-Maisonneuve house market — May 2025
Based on 16 actual sales · CourtiConnect
Market context: house in Mercier–Hochelaga-Maisonneuve
The Mercier/Hochelaga-Maisonneuve neighbourhood registered 16 sales in May 2025, with a median price of $634,500 and an average price of $585,188. This represents a meaningful discount relative to the broader Montreal market, where the median house price over the trailing twelve months stood at $839,000. The neighbourhood sits 24.4 percent below the city-wide median, positioning it as a more affordable option for buyers seeking entry into the Montreal housing market or those looking to maximize purchasing power in an established, well-served area. The average time on market in the neighbourhood was 50 days, a figure that suggests a measured pace of sales activity. Properties were neither moving with exceptional urgency nor lingering without buyer interest; this timeframe reflects a reasonably balanced market where both buyers and sellers have meaningful opportunity to negotiate and make informed decisions. The 50-day average indicates that the neighbourhood is neither a hot seller's market nor a sluggish buyer's market, but rather a stable environment where transactions unfold over a typical cycle. Among documented sales with recorded asking and final prices—a subset of 11 transactions—the average sale-to-asking price ratio was 1.000. This means that, on average, properties sold for their listed price, neither appreciating above the asking price nor requiring discounts to close. This parity between asking and selling prices reveals a balanced dynamic between buyer and seller leverage during this period, though this figure reflects only the 11 documented cases and generalizations should be approached with appropriate caution given the small sample size. The neighbourhood's building stock is predominantly older, with 69 percent of the 16 sales involving properties constructed before 1980. A further 13 percent dated from 1980 to 2010, while 19 percent were built after 2010. This composition underscores that Mercier/Hochelaga-Maisonneuve is historically established, with the vast majority of homes reflecting mid-twentieth-century construction practices and character, though a growing minority of newer properties have entered the market in recent years. Among the 16 documented sales, 44 percent were concluded without a legal warranty of quality. For buyers evaluating properties in this neighbourhood, this is a standard due-diligence consideration that underscores the importance of independent inspection, title review, and standard conveyancing checks prior to purchase. For buyers, understanding the building's history and condition through careful inspection remains essential regardless of warranty status; for sellers, clarity and transparency during the transaction process support confidence on both sides of the negotiation. To explore current market conditions in Mercier/Hochelaga-Maisonneuve further and assess individual properties in light of these trends, consider using the real estate estimator to evaluate specific listings and neighbourhood dynamics.