Mirabel condo market — June 2025
Based on 17 actual sales · CourtiConnect
Market context: condo in Mirabel
In June 2025, the condo market in Mirabel recorded 17 sales, establishing a median price of $450,000. This median sits 12.8 percent above the city-wide median of $399,000 measured over the trailing twelve months across 128 recorded transactions, indicating that this particular segment commands a premium relative to Mirabel's broader condo market. The average price across the 17 sales reached $543,059, reflecting some variation in property values within the sample. The pace of sales activity showed moderate momentum, with units remaining on the market for an average of 71 days before closing. This timeframe suggests a market where properties move with reasonable consistency, neither experiencing acute urgency nor extended holding periods. Such a pace typically reflects a balanced negotiating environment in which both buyers and sellers have meaningful participation in pricing decisions. Among the 16 documented sales with recorded asking price comparisons, units sold at an average ratio of 0.981 to their asking price. This figure indicates that, on aggregate, properties sold slightly below their initial listing prices, a dynamic that reflects a minor seller concession in the documented transactions and suggests buyers retained moderate leverage in negotiations during this period. The building profile presents a notably modern market. Across all 17 transactions, 100 percent of the units were constructed after 2010, meaning the condo stock in this segment consists entirely of newer properties. This construction timeline indicates buyers are acquiring units from recent or contemporary developments with modern building systems and finishes. During the purchasing process, buyers should conduct standard due diligence including property inspections and customary legal checks. Of the 17 recorded sales, 18 percent were concluded without a legal warranty of quality, a detail that underscores the importance of thorough pre-purchase verification regardless of warranty status. For buyers, this market presents newer inventory with premium positioning relative to the city median, while sellers should recognize that modest price adjustments may be necessary to achieve timely sales. To explore specific properties or refine your understanding of current conditions, consider using the condo estimator for Mirabel to assess individual listings and market movements in greater detail.