Montréal-Nord condo market — May 2025
Based on 8 actual sales · CourtiConnect
Market context: condo in Montréal-Nord
The Montréal-Nord condo market recorded eight sales in May 2025, establishing a median price of $337,500 for the neighbourhood. This figure sits substantially below the broader Montréal market, where the median condo price across 473 sales over the trailing twelve months stood at $565,000, placing Montréal-Nord at 40.3 percent below the city-wide median. This pricing differential reflects the neighbourhood's positioning within the broader metropolitan real estate landscape and indicates meaningful affordability relative to Montréal's overall condo inventory. The average time a property spent on the market in Montréal-Nord during this period was 67 days, a duration that suggests a measured pace of sales activity. Properties typically took just over two months from listing to sale, indicating neither an especially rapid absorption typical of competitive markets nor the extended holding periods seen in slower segments. This timeframe reflects a market moving at a steady rhythm, where buyers and sellers encounter conditions that are neither exceptionally favourable nor constrained. Among the five documented sales for which sale-to-asking price data was available, the average ratio reached 0.966, meaning properties sold at approximately 96.6 percent of their asking prices on average. This figure, below the unity threshold, indicates that buyers generally retained negotiating leverage during transactions, with sellers typically accepting offers slightly below initial listing prices rather than seeing competitive bidding drive prices upward. The building profile across the eight recorded sales reveals a contemporary inventory composition. Properties constructed after 2010 represented 63 percent of sales, while those built between 1980 and 2010 accounted for 38 percent of the market activity. No sales involved buildings constructed before 1980, suggesting that Montréal-Nord's condo stock in this dataset skews notably newer, with nearly two-thirds of activity concentrated in properties built within the past fifteen years. Among the eight documented sales, 13 percent were concluded without a legal warranty of quality, a proportion that reflects standard real estate due diligence practices. Buyers in such transactions typically arrange their own inspections and standard property assessments to verify condition and systems, a process common across various market segments and price points. For buyers, Montréal-Nord presents accessibility at a significant discount relative to city-wide medians, while sellers should recognize that the pace of absorption and pricing dynamics suggest realistic expectations aligned with current neighbourhood conditions. To explore specific property values and market trends in greater detail, consider using the real estate estimator to assess individual properties and neighbourhood patterns.