Mirabel condo market — October 2025
Based on 20 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in this neighbourhood of Mirabel recorded 20 sales in October 2025, establishing a median price of $407,450 and an average price of $422,805. This neighbourhood commands a premium within Mirabel itself, standing 4.5% above the city-wide median condo price of $390,000 recorded over the trailing twelve months across 194 sales. The neighbourhood thus positions itself as one of the more valued residential areas within the municipality. The average time on market for condos in this neighbourhood reached 68 days, indicating a moderate sales pace. This timeline suggests neither a particularly brisk absorption rate nor significant inventory pressure, reflecting a relatively balanced market rhythm where properties spend just over two months from listing to closing. For the 20 documented sales, the average sale-to-asking price ratio stood at 0.982, meaning properties sold at approximately 98.2% of their asking price on average. This ratio reveals that sellers retain modest leverage; buyers are not bidding substantially above list prices, yet properties are not experiencing significant markdown pressure either. The market remains fairly balanced between the two parties, with neither side commanding decisive negotiating advantage. The building composition in this neighbourhood is distinctly modern, with 95% of the sales sample drawn from condos built after 2010. Only 5% came from buildings constructed between 1980 and 2010, while no sales involved pre-1980 structures. This heavily skews the neighbourhood toward newer construction, meaning most residents benefit from contemporary building systems and finishes. Prospective buyers should be aware that 20% of the sales concluded without a legal warranty of quality, a factor that underscores the importance of conducting a standard professional inspection and performing customary due diligence before purchase. This represents standard practice in real estate transactions and protects the buyer's interests regardless of warranty status. For buyers, this neighbourhood offers predominantly modern inventory at a premium relative to city-wide averages, though with modest expectations for seller concessions. For sellers, the stable pricing environment and contemporary housing stock position properties competitively, though extended marketing periods should be anticipated. To estimate the value of a specific condo in this neighbourhood, consider using the market estimator tool to refine your assessment based on the current conditions documented in October 2025.