Montréal-Nord condo market — May 2025
Based on 8 actual sales · CourtiConnect
Market context: condo in Montréal-Nord
The condo market in Montréal-Nord recorded eight sales in May 2025, with a median price of $337,500 and an average price of $343,250. This neighbourhood sits notably below the broader Montréal market, where the median condo price over the trailing twelve months across 473 transactions stood at $565,000. The Montréal-Nord median represents a 40.3 percent discount compared to the city as a whole, reflecting the neighbourhood's position as a more affordable segment within the regional market. This significant price differential underscores the appeal of Montréal-Nord for buyers seeking entry-level or value-oriented properties within the metropolitan area. The average time a condo spent on the market in Montréal-Nord during May 2025 was 67 days, a figure that provides insight into the pace at which properties moved. This timeframe suggests a market moving at a moderate rhythm, neither rapid nor sluggish, indicating a reasonable balance between buyer and seller activities. Properties took approximately two months from listing to sale, which aligns with typical market conditions when neither scarcity nor oversupply dominates the landscape. Among the five documented sales with available sale-to-asking data, the average ratio was 0.966, meaning that on average these properties sold at approximately 96.6 percent of their asking price. This figure, based on the five sales for which this metric was recorded, indicates that buyers held modest leverage, with sellers retaining relatively stable negotiating positions. The ratio suggests that while some sellers may have adjusted expectations downward, the market did not force substantial concessions. The building stock in Montréal-Nord reflects a predominantly modern composition. Among the eight sales recorded, none involved properties built before 1980, thirty-eight percent dated from the 1980–2010 period, and sixty-three percent were constructed after 2010. This distribution reveals a neighbourhood where newer construction dominates, with the clear majority of transactions involving buildings erected in the twenty-first century. This age profile may influence property maintenance expectations and potential buyer preferences regarding contemporary amenities and building systems. In reviewing transaction documentation, thirteen percent of the eight recorded sales were concluded without a legal warranty of quality. Buyers in any real estate transaction should undertake standard due diligence procedures, including professional inspections and customary title and property checks, regardless of warranty provisions. This practice remains a prudent step in any residential acquisition. For buyers, Montréal-Nord presents an accessible entry point to Montréal's condo market at substantially below-median pricing. For sellers, the modest price-to-asking ratio suggests pricing strategy plays an important role in achieving timely sales. To explore whether a specific property aligns with current market conditions, consider using the real estate estimator for Montréal-Nord.