Mirabel condo market — March 2025
Based on 21 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in Mirabel recorded 21 sales in March 2025, with a median price of $410,000 and an average price of $421,919. This neighbourhood sits 6.8 percent above the median price for condos across all of Mirabel over the trailing 12 months, which stood at $383,750, indicating a relatively stronger pricing position within the broader municipal market. The activity level reflects modest transaction volume, consistent with typical spring market conditions in the region. The pace of sales can be assessed through buyer and seller dynamics in the documented transactions. The average sale-to-asking price ratio across the 21 documented sales was 0.990, meaning properties sold at approximately 99 percent of their asking price on average. This ratio suggests a relatively balanced negotiating environment, with neither buyers nor sellers holding substantial leverage. Sales below asking prices indicate measured buyer interest, while the proximity to asking price reflects a market where expectations on both sides remain reasonably aligned. The building profile for condos in this neighbourhood is notably contemporary. All 21 recorded sales involved buildings constructed after 2010, meaning 100 percent of the sample comprises newer stock. This uniformity underscores the neighbourhood's character as a modern residential area with recent construction, which typically translates to updated systems, contemporary amenities, and limited legacy building concerns. In the course of due diligence, prospective buyers should conduct standard inspections and verification procedures. Notably, zero percent of the 21 documented sales were concluded without a legal warranty of quality, a point worth confirming during any purchase evaluation to ensure standard protections are in place. For buyers, this neighbourhood presents an opportunity to acquire newer construction at a modest premium relative to Mirabel's overall condo market. For sellers, pricing expectations should reflect the neighbourhood's position above the municipal median while remaining mindful of the balanced negotiating environment currently in place. To estimate the current value of a specific property in this neighbourhood, consider using the market estimator tool to access real-time data aligned with recent transaction patterns.