Mirabel condo market — February 2026
Based on 20 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in Mirabel recorded 20 sales in February 2026, establishing a median price of $411,950 for the neighbourhood tracked in this period. This median sits approximately 5.6% above the city-wide condo median of $390,000 measured over the trailing twelve months across 197 documented sales, positioning this particular neighbourhood as one of the stronger segments within Mirabel's overall residential market. The average time properties spent on the market reached 46 days, a figure that reflects a reasonably active sales environment where properties moved through the listing cycle at a moderate pace. This timeframe suggests neither urgency nor prolonged marketing challenges, indicating a balanced market condition where buyers and sellers had adequate opportunity to connect and negotiate. Among the 20 documented sales in this neighbourhood, the average sale-to-asking price ratio was 0.940, meaning properties sold at approximately 94% of their listed asking price on average. This metric reveals that buyers held modest leverage during negotiations, with sellers accepting prices slightly below initial asking figures—a pattern consistent with measured market conditions rather than a buyer's or seller's market. The building stock in this neighbourhood reflects a distinctly modern composition, with 85% of sales involving properties constructed after 2010. The remaining 15% represented condos built between 1980 and 2010, while no sales involved buildings predating 1980. This concentration of newer construction defines the neighbourhood's character and suggests relatively consistent building standards and amenity profiles across available inventory. During the purchase process, buyers should conduct standard due diligence including professional inspections and customary legal checks, particularly noting that 10% of the sales documented in this period were concluded without legal warranty of quality, a consideration that underscores the importance of thorough pre-purchase verification. For buyers evaluating this neighbourhood, the median price of $411,950 and active 46-day cycle offer realistic expectations for timing and investment. Sellers should recognize that modest discounts from asking price have characterized recent transactions, informing appropriate pricing strategies. To explore current property values and market conditions in greater detail, consider using the real estate estimator to assess specific properties in this neighbourhood.