Mercier–Hochelaga-Maisonneuve house market — September 2025
Based on 17 actual sales · CourtiConnect
Market context: house in Mercier–Hochelaga-Maisonneuve
The Mercier/Hochelaga-Maisonneuve neighbourhood recorded 17 sales in September 2025, with a median price of $615,000 and an average price of $639,547. This positions the neighbourhood notably below the broader market; the median house price across all of Montréal over the trailing twelve months stood at $825,000, meaning Mercier/Hochelaga-Maisonneuve homes trade at a 25.5% discount to the city as a whole. Over the preceding six months, the neighbourhood's median price declined by 9.1%, signalling a softening in valuations during that period. The average time a property spent on market in September was 60 days, a measure that reflects a moderately paced sales environment. This duration suggests neither a rushed market nor extended holding periods; properties are neither selling in days nor languishing for half a year or longer. A two-month average indicates steady if not brisk activity, consistent with a neighbourhood where buyers and sellers meet without extreme urgency on either side. Among the documented sales where asking and final prices could be compared—a subset of 11 transactions—the sale-to-asking price ratio was 0.982. This figure, sitting just under unity, reveals that sellers in this neighbourhood are negotiating from a position of modest strength; buyers are achieving small concessions from list price, though the gap is narrow. The ratio underscores a balanced dynamic rather than a buyer's or seller's market tilted sharply in either direction. The building stock reflects the historical layering typical of inner-city Montréal neighbourhoods. Among the 17 sales, 59 percent involved homes built before 1980, 18 percent dated from 1980 to 2010, and 24 percent were constructed after 2010. This mix emphasizes the prevalence of older housing stock, common in established urban areas, while a quarter of sales involved newer construction, providing buyers with some contemporary options alongside heritage properties. When conducting due diligence on a property purchase, as-is sales deserve standard attention. In this period, 35 percent of transactions were concluded without legal warranty of quality, a finding that simply underscores the importance of buyers engaging home inspections and standard verification checks before closing, as they would in any real estate transaction. For buyers, the 25.5% price advantage relative to Montréal's median represents meaningful value in an established neighbourhood. For sellers, understanding that properties are selling just under asking price can inform realistic pricing strategies in a moderately competitive setting. To explore what a home in Mercier/Hochelaga-Maisonneuve might be worth in current market conditions, consider using the neighbourhood estimator.