Outremont condo market — August 2026
Based on 7 actual sales · CourtiConnect
Market context: condo in Outremont
The condo market in Outremont during August 2026 recorded seven sales transactions, establishing a median price of $935,000 and an average price of $909,286. This positioning places Outremont significantly above the broader Montréal market, where the median condo price over the trailing twelve months across 1,857 sales stood at $579,500. The neighbourhood median exceeds the city-wide figure by 61.3%, reflecting Outremont's established status as a premium residential enclave within Montréal. This substantial premium underscores the neighbourhood's continued appeal to buyers seeking properties in one of the city's most desirable locations. The average time a property spent on the market in Outremont during this period was 84 days, a timeframe that suggests a moderately paced sales environment. This duration indicates neither a rapidly absorbing inventory nor a stalled market, but rather a deliberate pace where properties receive meaningful market exposure before finding their buyer. Such a timeline is typical for properties in this price range and neighbourhood profile, allowing serious buyers adequate opportunity to conduct their due diligence and make informed decisions. Among the seven documented sales, the average sale-to-asking price ratio was 0.979, meaning that properties sold at approximately 97.9 percent of their listed asking prices on average. This figure, calculated across the documented transactions, suggests a relatively balanced negotiating position between buyers and sellers, with neither party demonstrating overwhelming leverage during this particular month. The building stock reflected in these transactions shows a predominantly older construction profile, with 86 percent of the seven sales involving properties built before 1980, while 14 percent were constructed after 2010. The absence of any sales from the 1980-to-2010 period indicates that the current active inventory in Outremont's condo market skews toward either character-rich heritage buildings or newer constructions, with minimal representation from mid-period developments. Of the seven sales concluded, 71 percent were transacted without a legal warranty of quality. This arrangement is a standard feature in certain condo transactions and simply means that buyers should undertake their customary inspection protocols and due-diligence steps, including structural assessments and verification of building systems, as part of the normal purchase process. For buyers, Outremont continues to demand significant capital while offering established neighbourhood credentials and a balanced market pace. For sellers, the premium positioning and modest pricing discipline suggest a market where well-presented properties attract qualified interest without excessive holding periods. To estimate the potential value of a specific property or explore current market conditions in Outremont in greater depth, consider using the real estate estimator tool tailored to this neighbourhood and market period.