Mont-Royal house market — May 2025
Based on 11 actual sales · CourtiConnect
Market context: house in Mont-Royal
The Mont-Royal housing market recorded eleven sales transactions in May 2025, with a median price of $1,635,000. This figure places the neighbourhood at a meaningful discount relative to the broader Mont-Royal market, running 10.9 percent below the city median of $1,834,500 observed over the trailing twelve months across fifty sales. The average sale price across the eleven documented transactions stood at $1,768,909, indicating that while the median captures the midpoint of activity, individual transactions varied considerably in their final values. The pace of sales movement in the neighbourhood was characterized by an average days-on-market figure of 62 days, a timeframe that reflects a moderate absorption rate. This duration suggests that homes were neither moving with exceptional speed nor sitting idle; rather, buyers and sellers were meeting within a reasonable window typical of established residential markets where properties require time for proper marketing and buyer consideration. Examining the documented sales through the lens of asking-price expectations reveals a sale-to-asking price ratio of 0.977 across the eleven recorded transactions. This figure sits just slightly below unity, indicating that homes in the neighbourhood were closing at prices marginally below their initial asking values. Over such a limited sample size, this suggests a relatively balanced negotiating environment where sellers maintained reasonable expectations and buyers exercised modest negotiating power, though the small transaction count in May warrants caution in extrapolating broader market sentiment. The building profile of these properties underscores the neighbourhood's character as an established residential area. Among the eleven sales, 91 percent of homes predate 1980, while 9 percent were built after 2010, and no sales involved properties constructed between 1980 and 2010. This composition reveals a neighbourhood dominated by vintage homes of considerable age alongside a small share of newer constructions, with a notable absence of mid-period development. Over the eleven documented sales, 55 percent of transactions were concluded without a legal warranty of quality, a figure that reflects standard practice in Quebec real estate transactions and a normal point of due diligence for buyers, who typically conduct inspections and undertake customary verification checks as part of their purchase process. For buyers evaluating properties in this neighbourhood, the modest discount to the city median may represent genuine value in an established market. For sellers, understanding both the price positioning relative to Mont-Royal as a whole and the moderate absorption timeline can inform realistic pricing strategy. To explore how a specific property might be valued in this market context, consider using the real estate estimator to obtain a personalized assessment.