Mirabel condo market — May 2026
Based on 15 actual sales · CourtiConnect
Market context: condo in Mirabel
In May 2026, the condo market in Mirabel recorded 15 sales, establishing a median price of $389,750 for the neighbourhood in question. This median sits 2.8 percent below the city-wide median of $401,000 over the trailing 12 months, based on 192 documented transactions across all of Mirabel. The average sale price reached $508,583, reflecting a distribution that includes both entry-level and higher-priced units within the sample. The pace of sales activity shows measured momentum, with properties spending an average of 44 days on the market before closing. This timeframe suggests a balanced market environment where neither buyers nor sellers face unusual pressure to accelerate negotiations or compromise substantially on terms. The sale-to-asking price ratio, documented across 14 sales, stood at 0.911, indicating that properties in this neighbourhood are typically selling below asking price. This pattern reflects the current buyer leverage in the market, where purchasers have negotiating room to achieve price reductions from the original listing. The building profile reveals a neighbourhood dominated by newer construction, with 93 percent of the sampled sales involving units built after 2010. Only 7 percent of transactions involved properties from the 1980–2010 period, while no sales involved buildings constructed before 1980. This composition indicates a market centred on modern residential inventory, which generally aligns with Mirabel's contemporary development trajectory. During the purchase process, buyers should note that 20 percent of the sales documented in this period were concluded without a legal warranty of quality. This outcome reflects standard real estate practice and underscores the importance of conducting customary due diligence, including professional inspections and title verification, regardless of warranty status. Prospective buyers should treat this as a routine element of their transaction checklist rather than an unusual circumstance. For buyers, this neighbourhood offers newer housing stock at prices below the city median, providing value within Mirabel's broader condo landscape. For sellers, the current buyer leverage and below-asking sales pattern suggest that realistic pricing aligned with recent comparable sales will be essential to achieve competitive results. To explore specific properties or refine your understanding of current conditions, consider using the real estate estimator tool tailored to Mirabel's market data.