Mirabel house market — January 2025
Based on 30 actual sales · CourtiConnect
Market context: house in Mirabel
The Mirabel residential market recorded 30 documented sales in January 2025, establishing a median transaction price of $675,000. When compared to the broader Mirabel market, which posted a median price of $682,500 over the trailing twelve months across 38 sales, this particular segment trades at a discount of 1.1 percent relative to the city as a whole. This modest differential suggests that the neighbourhood remains competitively positioned within Mirabel's overall market landscape, neither commanding a premium nor experiencing a significant valuation gap. The average sale price across these transactions stood at $721,350, indicating that a meaningful proportion of sales exceeded the median benchmark, which is typical in markets where higher-value properties can elevate the mean without distorting the middle of the distribution. The pace of transaction activity and market momentum can be assessed through the average days on market metric, which reflects how quickly properties circulate through the sales cycle and provides insight into the competitive dynamics between buyers and sellers in this segment of Mirabel's housing market. The average sale-to-asking price ratio across the 30 documented sales was 0.997, meaning that buyers collectively negotiated transactions at approximately asking price on average. A ratio below 1.0 indicates that sellers in this sample did not sustain their initial price expectations in the negotiation process, suggesting a balanced market environment where buyer leverage remains present but is not overwhelming. This metric, drawn from documented sales, reflects the actual negotiated outcomes rather than listing positions alone. The property stock in this segment skews decidedly toward newer construction, with 61 percent of the 28 sales analyzed involving homes built after 2010, while 39 percent dated from the 1980–2010 construction period. No properties in the sample predated 1980, meaning the neighbourhood consists entirely of relatively modern housing stock, which typically implies updated building systems and fewer legacy infrastructure concerns. During the due-diligence phase of purchase, buyers should be aware that 10 percent of the 30 documented sales concluded without a legal warranty of quality, a situation that underscores the importance of standard inspection practices and customary verification checks before closing. For buyers evaluating this segment, the modest discount to city-wide pricing offers reasonable value within Mirabel's contemporary housing supply. For sellers, the balanced negotiation environment suggests realistic pricing aligned with current market expectations. To explore how a specific property aligns with these market indicators, consider using the real estate estimator tool to obtain a detailed valuation in this neighbourhood.