Mercier–Hochelaga-Maisonneuve house market — August 2025
Based on 20 actual sales · CourtiConnect
Market context: house in Mercier–Hochelaga-Maisonneuve
The Mercier/Hochelaga-Maisonneuve neighbourhood recorded 20 sales in August 2025, establishing a median price of $659,750 and an average price of $734,965. This positions the neighbourhood at a 20.0 percent discount relative to the city of Montréal as a whole, where the median house price over the trailing twelve months stood at $825,000 across 1,030 documented sales. This meaningful gap reflects the neighbourhood's continued positioning as an affordable option within the broader metropolitan context, a characteristic that remains relevant for buyers assessing value and market standing. The average days on market came in at 56 days, a figure that indicates a measured pace of transaction completion. This timeframe suggests neither a rapid turnover nor extended holding periods, pointing instead to a steady market dynamic where properties spend roughly two months in active listing before finding a buyer. Such a timeline affords both purchasers and vendors adequate opportunity to navigate the decision-making process without the pressure of artificial urgency or the frustration of stalled negotiations. Among the documented sales where asking price information was available, the average sale-to-asking price ratio reached 0.984 across 13 transactions. This figure, falling slightly below parity, indicates that buyers collectively achieved negotiations that resulted in final prices running marginally below the initial asking amounts. This ratio reveals a subtle edge in negotiating leverage favouring purchasers, though the gap remains modest and does not suggest a dramatically distressed or buyer-dominated market environment. The building stock in Mercier/Hochelaga-Maisonneuve reflects a predominantly older housing profile, with 75 percent of sales involving structures built before 1980, 20 percent constructed between 1980 and 2010, and 5 percent dating after 2010. This composition underscores the neighbourhood's character as an established residential area dominated by vintage housing stock, a reality that warrants consideration regarding maintenance expectations and renovation potential inherent to older properties. Of the 20 documented sales, 35 percent were concluded without a legal warranty of quality, a outcome that represents a routine aspect of real estate transactions in Quebec. Buyers purchasing under such terms should proceed with standard due diligence practices, including home inspection and thorough examination of property conditions, much as they would with any residential purchase requiring careful verification of structural and mechanical systems. For buyers, the neighbourhood offers established character and affordability relative to the wider city; for sellers, market conditions remain balanced with modest buyer leverage that rewards well-prepared presentations. To refine your assessment of what a specific property in this neighbourhood might achieve, consider using a market estimator tailored to current conditions.