Mercier–Hochelaga-Maisonneuve house market — August 2026
Based on 6 actual sales · CourtiConnect
Market context: house in Mercier–Hochelaga-Maisonneuve
The Mercier/Hochelaga-Maisonneuve neighbourhood recorded 6 sales in August 2026, with a median price of $616,500 and an average price of $625,500. This area remains substantially more affordable than Montréal as a whole, where the trailing twelve-month median across 1,874 documented sales stands at $937,000—making Mercier/Hochelaga-Maisonneuve 34.2% cheaper than the city median. This significant price differential reflects the neighbourhood's position as a more accessible entry point within the urban market, though buyers and sellers should note that the six-month trend shows the neighbourhood median has declined by 17.8%, indicating downward pressure on valuations during this period. The average time a property spent on market in August 2026 was 74 days, a figure that speaks to a deliberate and measured pace of sales activity. This timeframe is neither rushed nor stagnant, suggesting that buyers and sellers are engaging in thoughtful transactions where negotiations have room to develop and properties receive appropriate exposure to the market. The 74-day average indicates that purchasers are taking time to make decisions and that inventory is neither scarce nor oversupplied at this moment. Among the six documented sales, properties sold at an average of 1.004 times the asking price, meaning they closed marginally above their listed value. This ratio, calculated across all documented sales in the sample, reveals a market that remains essentially balanced between buyer and seller interests, with neither party commanding decisive leverage. The near-unity figure suggests that asking prices are being set with reasonable accuracy relative to actual market conditions. The building profile in this neighbourhood shows considerable diversity by age. Among the six sales, 67% involved properties built between 1980 and 2010, while 33% were constructed after 2010. Notably, no properties from before 1980 were recorded in this sample, indicating that the current housing stock available for sale skews toward more recent construction. This composition means buyers will encounter primarily mid-range to newer residential buildings rather than heritage or pre-1980 stock. Across the six documented sales, 17% were concluded without a legal warranty of quality, a situation that is entirely routine in real estate transactions and requires only the standard due diligence expected of any buyer—professional inspections, title verification, and municipal records checks. This is a normal part of the purchasing process and reflects customary market practice. For buyers, this neighbourhood offers genuine affordability within an urban setting with stable, modern housing stock. For sellers, the current environment requires realistic pricing given the recent downward trend and the balanced buyer-seller dynamic at play. To estimate the current value of a property in Mercier/Hochelaga-Maisonneuve, consider using the neighbourhood estimator tool to guide your assessment.