Outremont condo market — May 2025
Based on 14 actual sales · CourtiConnect
Market context: condo in Outremont
The Outremont condo market recorded 14 sales in May 2025, with a median price of $836,000 and an average price of $954,357. This positions the neighbourhood substantially above the broader Montréal market, where the median condo price over the trailing 12 months across 473 sales stood at $565,000. Outremont's median sits 48.0% higher than the city-wide median, reflecting the neighbourhood's established cachet and desirability within the metropolitan landscape. The gap between the neighbourhood median and the city-wide median underscores Outremont's positioning as a premium residential destination, where buyers consistently pay a considerable premium relative to Montréal's typical condo offering. Properties in Outremont spent an average of 92 days on the market during May 2025. This timeline suggests a moderate pace of sales activity, neither brisk nor sluggish, indicating a market in which neither buyers nor sellers hold overwhelming leverage. The 92-day average reflects a balanced environment where transactions require patience and deliberate consideration rather than rushing to close. The building stock in Outremont, examined across 13 of the documented sales, skews decidedly toward older construction. Properties built before 1980 represented 77% of the sample, while units from 1980 to 2010 accounted for 23%. No sales involved buildings constructed after 2010, meaning the neighbourhood's condo inventory consists almost entirely of established, mature residential buildings. This age profile is characteristic of Outremont's development patterns and underscores that buyers in this market are typically purchasing in well-established structures rather than newer construction. Among the 14 documented sales in May 2025, 43% concluded without a legal warranty of quality. This share reflects a standard consideration in real estate transactions and highlights the importance of standard due diligence practices for purchasers, including professional inspection and customary checks before closing. Buyers in Outremont should ensure their purchase process includes thorough examination of properties consistent with prudent acquisition practices in any market segment. For buyers, Outremont offers established neighbourhoods with mature housing stock at a substantial premium to the city-wide median, requiring clear personal priorities and financial readiness. For sellers, the 92-day average and moderate transaction volume suggest that pricing strategy and property presentation remain pivotal to achieving results in a neighbourhood where buyer expectations are shaped by the premium positioning of comparable sales. To better understand current market conditions in Outremont or elsewhere in Montréal, consider using a real estate estimator tool tailored to your specific property profile and the most recent transaction data available.