Outremont house market — April 2025
Based on 8 actual sales · CourtiConnect
Market context: house in Outremont
Outremont's residential real estate market in April 2025 reflected the neighbourhood's enduring premium position within Montréal. Eight recorded transactions took place during the month, with a median price of $2,547,500. This median stands 201.7 percent above the trailing twelve-month median for all of Montréal, which was $844,500 across 278 sales, underscoring Outremont's status as one of the city's most expensive neighbourhoods. The average transaction price reached $2,324,000, indicating that while most sales clustered near the median, a handful of higher-priced transactions influenced the mean upward. The pace of sales activity moved at a measured rhythm, with properties remaining on the market for an average of eighty-one days before closing. This timeline reflects a market that operates at a deliberate pace rather than one driven by urgency or rapid turnover, which is typical for a premium neighbourhood where buyers tend to be selective and thorough in their evaluation and decision-making processes. Among the five documented sales for which asking-price data was available, the average sale-to-asking ratio was 0.918, meaning that on average these properties sold at approximately ninety-two percent of their initial asking price. This figure reveals that buyers retained modest leverage in negotiations, with most transactions concluding below the seller's initial valuation. This ratio provides a snapshot of market conditions for those specific documented transactions and reflects the negotiating dynamics that prevailed during the period. The building stock in Outremont skews heavily toward established properties, with seventy-five percent of the eight sales involving homes built before 1980. The remaining twenty-five percent dated from the 1980-to-2010 period. No transactions involved properties constructed after 2010, confirming that new residential development represents a negligible share of Outremont's housing supply and that the neighbourhood is predominantly composed of mature, character-defined homes. A standard part of the due-diligence process for any buyer is to understand the warranty status of the property being acquired. In April 2025, thirty-eight percent of the eight sales were concluded without a legal warranty of quality, a figure that reflects the importance of conducting thorough inspections and standard investigations before purchase, as buyers would do in any real estate transaction regardless of warranty status. For the buyer, Outremont's high entry price and extended market time mean that serious preparation and competitive positioning are essential for success. For the seller, the modest sale-to-asking ratio suggests that realistic pricing and market awareness remain critical to achieving desired outcomes. To explore properties in this neighbourhood or understand your home's potential value, consider using the real estate estimator tool.