Mirabel condo market — February 2025
Based on 25 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in Mirabel recorded 25 sales in February 2025, with a median price of $389,000 and an average price of $419,076. This neighbourhood sits 2.4% above the city-wide median of $380,000 over the trailing twelve months, indicating it commands a modest premium compared to Mirabel as a whole. The segment represents a relatively active period for condo transactions in the area, reflecting steady buyer interest. The market's pace of sales is reflected in the sale-to-asking price ratio of 0.990 across the documented 25 sales. This figure, just below parity, suggests that buyers and sellers are operating in a relatively balanced environment where properties are selling very close to their listed prices, with only marginal negotiation occurring on average. Neither party enjoys overwhelming leverage; instead, the market demonstrates a measured dynamic where initial pricing expectations tend to hold. The construction profile of units in this segment reveals a predominantly modern housing stock. Over the 25 documented sales, 96% of condos were built after 2010, with 4% constructed between 1980 and 2010 and none before 1980. This composition underscores that buyers in this neighbourhood are accessing newer buildings with contemporary systems and finishes, a significant characteristic of Mirabel's condo landscape. In the course of due diligence, buyers should note that 4% of sales in this sample were concluded without legal warranty of quality. This occurrence is a standard consideration in real estate transactions and reinforces the importance of conducting property inspections and undertaking the customary checks that accompany any acquisition. For prospective purchasers, this market presents an opportunity to acquire newer properties at prices that reflect a competitive local positioning. For current owners looking to sell, the near-asking-price environment suggests realistic pricing strategies can facilitate timely transactions. To explore specific properties or obtain a personalized price estimate for a condo in this neighbourhood, consider using an online real estate estimator tailored to Mirabel's current market conditions.