Montréal-Nord condo market — May 2026
Based on 9 actual sales · CourtiConnect
Market context: condo in Montréal-Nord
The condo market in Montréal-Nord recorded nine documented sales in May 2026, establishing a median price of $339,000 and an average price of $371,211. This neighbourhood continues to position itself as a more affordable segment within the broader Montréal market, trading at a 38.1 percent discount relative to the city-wide median condo price of $547,858 measured over the trailing twelve months across 1,739 sales. This significant differential reflects Montréal-Nord's distinct market positioning and its appeal to buyers seeking entry-level or value-oriented properties within the metropolitan area. The average time properties spent on the market before sale was 44 days, a metric that suggests a reasonably balanced pace of transaction activity. This duration indicates neither a particularly fast-moving market where inventory depletes quickly nor a sluggish one where listings accumulate; instead, it reflects a measured rhythm typical of many secondary neighbourhoods within larger metropolitan regions. Properties typically required some weeks of exposure to find their buyers, consistent with the neighbourhood's market fundamentals. Across the nine documented sales, the average sale-to-asking price ratio stood at 0.973, a figure below unity that indicates properties were selling at approximately 97.3 percent of their listed asking prices on average. This metric, derived from the documented sales in the neighbourhood, reveals a market dynamic where buyers held modest negotiating leverage; sellers were generally able to command prices very close to their initial asking positions, though some marginal discounting occurred overall. This near-parity ratio suggests neither systematic downward pressure on prices nor the ability of buyers to secure substantial reductions. The building profile of properties sold reflects a market composed primarily of newer stock. Among the nine transactions, 56 percent involved condominiums built between 1980 and 2010, while 44 percent were constructed after 2010. No recorded sales involved buildings predating 1980, indicating that the actively traded inventory in Montréal-Nord during this period consisted entirely of relatively modern structures, with more than half falling into the mid-range modern category and a substantial minority representing contemporary construction. In the context of standard due diligence, prospective buyers should note that 22 percent of sales in this sample were concluded without legal warranty of quality, a proportion worth acknowledging as part of normal inspection and verification practices that prudent purchasers typically undertake regardless of warranty status. For buyers, Montréal-Nord offers meaningful affordability relative to Montréal's broader condo market while maintaining contemporary building stock. For sellers, the near-asking-price achievement suggests reasonable market confidence in listed properties and pricing discipline. To explore whether specific properties align with current market conditions, consider using an automated real estate estimator tailored to Montréal-Nord's recent activity.