Mirabel house market — February 2025
Based on 41 actual sales · CourtiConnect
Market context: house in Mirabel
In February 2025, the residential market in Mirabel recorded 41 documented sales transactions, establishing a solid baseline for assessing current market activity. The median price across these sales stood at $695,000, while the average price reached $723,667. When compared to the broader Mirabel market over the trailing twelve months, which recorded 79 sales at a median price of $685,000, this neighbourhood performed 1.5% above the city average, positioning it as a slightly more premium segment within Mirabel's overall housing landscape. The pace of sales activity reflects a market in reasonable motion, though specific data on average days on market was not available for this reporting period. The sale-to-asking price ratio across the 41 documented sales averaged 0.999, indicating that buyers and sellers maintained near-parity in negotiations. This ratio—where values below one indicate properties selling below their asking prices—suggests a balanced market dynamic in which neither party enjoyed pronounced leverage. These figures are based on documented sales and provide insight into typical transaction outcomes during this period. The building profile in this neighbourhood reveals a relatively modern housing stock. Construction data from the 41 sales shows that 49% of properties were built between 1980 and 2010, while 51% were constructed after 2010. This means the neighbourhood is dominated by homes from the past fifteen years and the preceding three decades, with no recorded sales of properties built before 1980. The composition reflects a mix of established mid-range homes alongside newer construction, offering buyers diversity in both age and likely amenities. During the purchase process, buyers should conduct standard due diligence including professional inspections and typical legal checks. Notably, 5% of sales in this dataset were concluded without a legal warranty of quality, a figure that underscores the importance of these routine precautions that any prudent purchaser should undertake regardless of warranty status. For buyers entering this market, the near-parity pricing dynamic suggests an opportunity to negotiate thoughtfully on properties of interest. For sellers, the balanced ratio indicates that well-positioned homes are likely to achieve their asking price, provided they are competitively listed. To explore current valuations and market conditions in greater depth, consider using a real estate estimator tailored to Mirabel's neighbourhood data.