Mirabel house market — July 2025
Based on 23 actual sales · CourtiConnect
Market context: house in Mirabel
The Mirabel real estate market recorded 23 documented sales in July 2025, reflecting moderate activity in this sector of the city. The median price for these transactions stood at $722,500, while the average price reached $765,648. When compared to the broader Mirabel market, which recorded 267 sales over the trailing twelve months with a median price of $695,000, this neighbourhood demonstrates stronger pricing at approximately 4.0% above the city-wide median, suggesting it commands a relative premium within Mirabel's residential landscape. The pace of sales activity in this neighbourhood reveals a balanced market dynamic. Properties spent an average of 46 days on the market before closing, indicating a moderate sales velocity. This timeframe suggests that while homes are moving through the sales cycle reasonably steadily, there is neither acute urgency nor excessive inventory pressure—a situation typical of markets where buyer and seller interests remain relatively equilibrated. The sale-to-asking price ratio across the 23 documented sales reached 0.947, meaning that properties in this neighbourhood sold at approximately 94.7 percent of their initial asking prices on average. This figure indicates a slight buyer advantage, as homes consistently sold below their listed prices, though the gap remains modest and reflects negotiation patterns rather than distressed conditions. The building profile across these sales reveals a neighbourhood undergoing gradual renewal. Nearly half of the properties sold—48 percent—were built after 2010, representing newer construction. A further 43 percent date from the 1980-to-2010 period, while 9 percent predate 1980. This composition shows a market where relatively recent homes dominate, with a meaningful minority of older stock, suggesting varied renovation and updating requirements depending on individual property selection. As part of standard due diligence, prospective buyers should note that 17 percent of the documented sales in this sample were concluded without a legal warranty of quality, a consideration that underscores the importance of conducting thorough inspections and customary legal checks before purchase. For buyers entering this market, the 4.0% premium over city-wide pricing reflects a neighbourhood worth careful evaluation to determine whether features and location justify the difference. For sellers, the consistent sale-to-asking outcomes and moderate days-on-market suggest realistic pricing strategies aligned with current buyer behaviour. To explore property values in this neighbourhood more deeply, consider using the real estate estimator to assess specific properties and market trends.