Mirabel house market — January 2025
Based on 30 actual sales · CourtiConnect
Market context: house in Mirabel
The residential real estate market in this neighbourhood of Mirabel recorded 30 documented sales in January 2025, with a median price of $675,000 and an average price of $721,350. When compared to the broader city of Mirabel, which posted a trailing twelve-month median of $682,500 across 38 sales, this neighbourhood sits 1.1 percent below the municipal average, positioning it as a relatively affordable segment within the local market. This price differential reflects typical variations across Mirabel's diverse residential areas and suggests competitive positioning for buyers seeking value. The pace of transactions in this neighbourhood indicates steady market activity. While specific days-on-market data is not available for detailed analysis, the volume of 30 sales documented provides meaningful insight into consistent buyer interest and regular turnover in the area. The sale-to-asking price ratio across the 30 documented sales averaged 0.932, meaning properties sold at approximately 93.2 percent of their listed asking price on average. This ratio reveals that sellers currently have modest leverage in negotiations, with buyers generally able to negotiate slight reductions from initial asking prices. This dynamic reflects a balanced market where neither party holds overwhelming negotiating power, a condition typical of moderately competitive real estate environments. The building profile in this neighbourhood skews notably toward newer construction. Across the sales sample, no properties dated before 1980, while 39 percent were built between 1980 and 2010, and 61 percent were constructed after 2010. This composition indicates a predominantly modern housing stock, with the majority of homes featuring contemporary construction standards and finishes typical of properties built in the last fifteen years. In reviewing purchase documentation, approximately 10 percent of the 30 sales concluded without a legal warranty of quality, a standard occurrence that reflects normal real estate due diligence. Buyers in such transactions typically conduct property inspections and perform customary verification checks as part of their standard purchasing process, practices that remain essential regardless of warranty status. For buyers, this neighbourhood offers newer housing stock at prices below the municipal median, creating value in a market with balanced negotiating conditions. For sellers, the current environment suggests realistic pricing strategies aligned with comparable recent sales will support timely transactions. To estimate the value of a specific property in this neighbourhood or explore current market conditions in greater depth, consider using the real estate estimator tool tailored to Mirabel's market dynamics.