Mirabel condo market — May 2026
Based on 14 actual sales · CourtiConnect
Market context: condo in Mirabel
In May 2026, the condo market in Mirabel recorded 14 documented sales, establishing a median price of $387,375 for the neighbourhood. This median sits 1.7 percent below the trailing twelve-month median for all condos across Mirabel, which reached $394,000 based on 188 transactions over that period. The neighbourhood therefore presents itself as slightly more affordable relative to the broader condo landscape of the city, though the differential remains modest and suggests relatively consistent pricing dynamics across Mirabel's residential inventory. The average time on market for these 14 sales stood at 44 days, a pace that reflects a moderate absorption rate typical of a balanced market where neither acute urgency nor prolonged holding periods characterize most transactions. This timeline suggests that properly priced and presented units move within a reasonable window, allowing sellers to anticipate reasonably predictable sales cycles while buyers encounter an active selection of available properties rather than a severely constrained or oversupplied environment. Across the 14 documented sales, the average sale-to-asking price ratio reached 0.982, indicating that homes in this sample sold on average just under their asking prices. This metric signals a market environment where buyer leverage remains relatively measured; while asking prices are rarely exceeded, they are equally not routinely discounted to dramatic degrees, reflecting a negotiating position that slightly favours neither party overwhelmingly and instead suggests a relatively equitable distribution of bargaining power. The building profile reveals a neighbourhood dominated by newer construction, with 93 percent of the sales occurring in units built after 2010, seven percent in units constructed between 1980 and 2010, and zero percent in pre-1980 inventory. This composition underscores that Mirabel's condo market, at least within this neighbourhood segment, draws primarily from recently developed stock, a characteristic that typically correlates with fewer structural concerns and more modern systems and amenities. Among the 14 documented sales, 21 percent concluded without a legal warranty of quality, a proportion that represents normal market variation and underscores the importance of purchaser due diligence through inspections and standard quality verifications prior to closing, practices that constitute routine prudence in any real estate transaction. For buyers, this neighbourhood offers newer housing stock at a slight discount to the city median, making it a rational choice for those seeking contemporary construction value. For sellers, the moderate pace and near-asking-price outcomes suggest realistic market conditions where properly positioned inventory will move within predictable timelines at fair valuations. To explore specific properties or understand how individual units align with these neighbourhood benchmarks, consider using the real estate estimator for detailed analysis tailored to your particular requirements.