Mirabel condo market — April 2025
Based on 17 actual sales · CourtiConnect
Market context: condo in Mirabel
In April 2025, the condo market in Mirabel recorded 17 sales with a median price of $400,000 and an average price of $396,594. This neighbourhood median sits 3.9 percent above the city-wide median of $385,000 over the trailing twelve months, reflecting a segment that commands a modest premium within Mirabel's broader residential landscape. The documented transactions represent a modest level of activity, consistent with typical spring market conditions in the region. The pace of sales reflects a balanced market dynamic. Without data on average days on market for this specific period, the transaction count suggests reasonable movement, though the relatively small sample size warrants careful interpretation of broader trends. The sale-to-asking price ratio across the 17 documented sales averaged 1.001, meaning that homes sold essentially at their asking prices on average. This figure indicates near parity between buyer and seller negotiating positions; neither party held pronounced leverage in these transactions, and the market demonstrated equilibrium in pricing expectations versus actual closing values. The building profile skews heavily toward newer construction. Across the 17 sales, zero percent of units dated before 1980, eighteen percent were built between 1980 and 2010, and eighty-two percent were constructed after 2010. This composition reflects a neighbourhood composed almost entirely of contemporary condos, which typically feature modern systems, current building codes, and fewer age-related maintenance concerns compared to older stock. All 17 documented sales were concluded with full legal warranty of quality, meaning zero percent involved transactions without such protection. As a matter of standard due diligence, any condo purchase should include professional home inspection and verification of title, condition disclosures, and common element status—routine checks that protect buyer interests regardless of warranty terms. For buyers, this neighbourhood offers newer-construction stability at a premium relative to Mirabel's overall market, supported by balanced pricing dynamics. For sellers, the supply of contemporary units and equilibrium pricing suggest a fair market where realistic pricing aligns with buyer expectations. To estimate the current value of a specific property in this segment, consider using the condo estimator tool tailored to Mirabel's market data.