Montréal-Nord condo market — July 2025
Based on 6 actual sales · CourtiConnect
Market context: condo in Montréal-Nord
The condo market in Montréal-Nord during July 2025 recorded six sales transactions, establishing a median price of $359,750 and an average price of $363,583. This neighbourhood maintains a position substantially below the broader Montréal market, where the trailing twelve-month median across 852 documented sales stands at $558,800, placing Montréal-Nord approximately 35.6% cheaper than the city as a whole. This significant price differential reflects the neighbourhood's distinct profile within the metropolitan real estate landscape and underscores its appeal to buyers seeking more affordable entry points into the condo segment. The average time a property spent on market in Montréal-Nord during this period was 38 days, a metric that suggests a moderate pace of sales activity. This duration indicates that properties were neither clearing exceptionally quickly nor experiencing prolonged listing periods, pointing to a balanced rhythm in the local market where buyer and seller motivations operate without extreme pressure on either side. The pace reflects the organic absorption rate characteristic of this neighbourhood's condo offerings. Across the six documented sales, the average sale-to-asking price ratio reached 0.983, revealing that properties sold at approximately 1.7% below their listed prices on average. This figure suggests a subtle buyer advantage within this limited sample, though the variance remains modest and indicates negotiations that typically close near initial asking expectations rather than producing dramatic price movements. The sale-to-asking dynamic over these documented transactions demonstrates relatively stable market positioning without pronounced discount pressure. The building age composition across these six sales shows a distinctly modern profile: 83% of units were constructed after 2010, while 17% dated from the 1980 to 2010 period, with no properties built before 1980. This construction-period distribution indicates that Montréal-Nord's condo supply consists predominantly of newer developments, which typically feature contemporary construction standards, updated building systems, and modern amenities compared to older stock found elsewhere in the city. All six sales in the sample were concluded with a legal warranty of quality in place, meaning no transactions involved waiving this standard consumer protection. When evaluating any condo purchase, buyers routinely conduct inspections and perform standard due diligence checks to verify property condition, and the presence or absence of warranty frameworks forms part of normal acquisition procedures that prudent purchasers undertake regardless of market segment. For buyers, Montréal-Nord presents an opportunity to access the condo market at a substantial discount relative to Montréal's overall median, supported by a predominantly modern building stock. For sellers, the neighbourhood's 35.6% price advantage over the city median reflects a different buyer demographic and value proposition than central areas, requiring marketing strategies aligned with this market segment. To estimate the current value of a specific property in Montréal-Nord, consider using the neighbourhood condo estimator tool to obtain a data-informed assessment.