Mirabel condo market — March 2026
Based on 29 actual sales · CourtiConnect
Market context: condo in Mirabel
The condo market in Mirabel recorded 29 sales in March 2026, with a median price of $430,000 and an average price of $508,441. This neighbourhood performs above the broader Mirabel market, commanding a median price 6.2% higher than the city-wide median of $405,000 across 205 sales over the trailing twelve months. The six-month trend shows notable momentum, with the neighbourhood median rising 17.8%, indicating accelerating demand and pricing pressure in this segment. The average days on market stands at 79 days, suggesting a moderately paced sales cycle. This timeframe reflects a balanced market where properties require a reasonable period to attract qualified buyers, neither indicating rushed liquidation nor extended holding periods. The pace allows sellers adequate time to connect with interested purchasers while maintaining steady transaction flow. The sale-to-asking price ratio of 0.957, measured across 27 documented sales, reveals that buyers are securing modest negotiating leverage. Properties are selling at approximately 4.3% below asking price on average, a pattern typical of markets where supply and demand remain relatively equilibrated. This metric indicates sellers retain meaningful pricing power while buyers enjoy some room for negotiation, creating conditions favourable to neither party overwhelmingly. The building profile reflects a contemporary market dominated by newer construction. Approximately 86% of sales involved condos built after 2010, while just 10% dated from the 1980–2010 period, and only 3% predated 1980. This composition underscores the neighbourhood's character as a modern residential area with predominantly recent inventory, typically associated with updated systems and finishes. As part of standard due diligence, buyers should note that 3% of transactions were concluded without legal warranty of quality. This is a customary consideration that warrants the same inspection protocols and verification checks any prudent purchaser would conduct regardless of warranty status. For buyers, this market offers contemporary properties with moderate negotiating room in a neighbourhood commanding a premium within Mirabel. For sellers, the upward price trend and balanced buyer-seller dynamics present a favourable environment for achieving competitive returns. To assess the specific value of a property in this market, consider using the real estate estimator to obtain a data-informed valuation based on current conditions.