Mirabel house market — May 2025
Based on 42 actual sales · CourtiConnect
Market context: house in Mirabel
In May 2025, the Mirabel housing market recorded 42 documented sales, with a median price of $695,000. This neighbourhood median sits 1.6% above the city-wide median of $684,000 over the trailing twelve months, reflecting modest relative strength within Mirabel's broader real estate landscape. The average sale price across these transactions reached $728,627, indicating a spread between median and mean that suggests some higher-priced sales among the documented inventory. The average time on market stood at 69 days, a figure that reflects a measured pace of sales typical of secondary suburban markets. This timeframe suggests properties are neither moving with unusual urgency nor lingering excessively, pointing to a balanced dynamic where motivated buyers and sellers are meeting at prices both parties find acceptable within a reasonable window. Across the 42 documented sales, the sale-to-asking price ratio averaged 1.004, meaning homes sold slightly above their listed asking prices on average. This modest premium—just 0.4% above asking—indicates that buyers and sellers held relatively balanced leverage during this period, with neither group exerting dominant pressure on final prices. The building profile reveals a neighbourhood skewed toward newer construction, with 54% of homes built after 2010, 41% constructed between 1980 and 2010, and only 5% predating 1980. This composition underscores Mirabel's character as a community with substantial modern housing stock, likely reflecting suburban expansion patterns of recent decades. Among the 42 documented transactions, 10% of sales concluded without a legal warranty of quality. This outcome is within the range of standard real estate practice; prospective buyers in such transactions should, as in all purchases, proceed with standard due diligence including professional home inspections and customary title and survey reviews. For buyers, this market offers a diversified inventory of relatively newer homes at prices slightly above the city average, with a reasonable negotiation environment. For sellers, the modest premium over asking and steady pace suggest conditions favourable to achieving target prices without prolonged market exposure. To explore property values in this neighbourhood or estimate a specific home's market position, the real estate estimator is available as a resource for deeper analysis.