Mirabel condo market — July 2025
Based on 13 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in this Mirabel neighbourhood recorded 13 sales in July 2025, establishing a median price of $438,000 and an average price of $436,300. This neighbourhood commands an 8.4 percent premium over the median condo price across all of Mirabel when measured against the trailing twelve-month city average of $404,000, reflecting stronger demand or property characteristics that distinguish this area from the broader municipal market. The six-month trend shows considerable momentum, with the neighbourhood median climbing 18.4 percent over that period, suggesting sustained buyer interest and upward price movement. The average days on market stands at 54 days, indicating a moderate sales pace typical of markets where both buyers and sellers have reasonable time to negotiate and assess options. This timeframe suggests neither a rushed seller's market nor a stalled buyer's market, but rather a balanced environment where properties receive fair market exposure before reaching sale. When examining the 13 documented sales, the average sale-to-asking price ratio of 0.912 reveals that buyers held meaningful leverage during negotiations. Properties sold at roughly 8.8 percent below their initial asking prices on average across these transactions, a pattern indicating that while the market is active, sellers are generally adjusting expectations to align with actual market conditions rather than sustaining premium asking positions. The building profile skews distinctly modern, with 77 percent of the sales involving properties built after 2010 and 23 percent from the 1980–2010 period. No recorded sales involved properties predating 1980, underscoring that this neighbourhood's inventory is predominantly newer construction, which typically appeals to buyers seeking updated systems and contemporary design standards. Among the 13 documented sales, 8 percent were concluded without a legal warranty of quality, a proportion consistent with standard real estate practice. Buyers in such transactions typically proceed with customary due diligence including professional inspections and title verification to ensure property condition meets expectations and legal standing is clear. For buyers, this neighbourhood offers newer housing stock in an active market where pricing has shown upward momentum. For sellers, the moderate days-on-market figure suggests reasonable buyer flow, though the below-asking ratio indicates realistic pricing will remain essential to competitive positioning. To estimate the current value of a specific property or explore further neighbourhood insights, consider using the real estate estimator tool tailored to this Mirabel market.