Mirabel condo market — April 2025
Based on 17 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in Mirabel recorded 17 documented sales in April 2025, with a median price of $400,000 and an average price of $396,594. This particular segment sits approximately 3.4% above the median price for all condos across Mirabel when measured against the trailing twelve-month baseline of 86 sales citywide, where the median stood at $386,950. The neighbourhood's premium positioning relative to the broader city market suggests it attracts buyers willing to pay somewhat more, whether due to location, building quality, or property features that differentiate it from other areas within Mirabel. The pace of sales, reflected in the average days on market, provides insight into how quickly properties moved during this period. A relatively brisk selling pace would indicate strong buyer interest and favourable conditions for vendors, while a lengthier marketing timeline might suggest either an oversupply of inventory or more cautious buyer behaviour. The documented transactions in this sample offer a snapshot of market dynamics specific to April 2025, though the modest number of sales warrants thoughtful interpretation before drawing broad conclusions about seasonal or structural trends. When examining the relationship between asking prices and actual sale prices, the data reveal an average sale-to-asking ratio of 0.996 across the 17 documented sales. This figure, hovering just below parity, indicates that buyers in this market are negotiating effectively, with properties typically selling marginally below their listed asking prices. Such a ratio suggests relatively balanced negotiating leverage between buyers and sellers, with neither party holding a decisive advantage during this period. The building profile shows a clear tilt toward newer construction, with 82% of the sampled sales involving condos built after 2010. An additional 18% dated to the 1980–2010 period, while no transactions involved buildings constructed before 1980. This composition reflects Mirabel's development trajectory and suggests that most condo market activity centres on relatively modern properties, which may influence buyer expectations around maintenance, systems, and energy efficiency. A standard part of due diligence when purchasing any property involves the inspection process and the verification of legal documentation. In this sample of 17 sales, all transactions included a legal warranty of quality, meaning buyers had the protection of standard legal recourse. This is a routine consideration that falls within normal property acquisition procedures. For buyers, this market offers a selection dominated by newer construction in a neighbourhood that commands a modest premium within Mirabel. For sellers, the near-parity sale-to-asking ratio underscores the importance of realistic pricing and property presentation to move units efficiently. To explore specific properties or refine your understanding of current market conditions in Mirabel, consider using a detailed property estimator tailored to recent transaction data.