Outremont house market — April 2025
Based on 8 actual sales · CourtiConnect
Market context: house in Outremont
In April 2025, the Outremont residential market recorded eight sales transactions, establishing a median price of $2,547,500 and an average price of $2,324,000. These figures position Outremont substantially above the broader Montréal market, where the median house price across trailing twelve-month data stood at $844,500 based on 278 documented sales. The neighbourhood's median price exceeds that of the entire city by 201.7 percent, underscoring Outremont's position as one of the most expensive residential markets within Montréal's municipal boundaries. This premium reflects the neighbourhood's established character, proximity to amenities, and appeal to affluent households seeking properties in a desirable urban location. The average time properties remained on market in Outremont during April 2025 was 81 days, a figure that suggests a measured pace of sales activity. This timeline indicates a market neither characterized by rapid absorption nor by extended vacancy periods, reflecting a balance between available inventory and interested buyer pools at the prevailing price levels. Buyers requiring immediate occupancy would encounter moderate waiting periods, while sellers listing properties should anticipate a transaction window spanning close to three months before completion. Among documented sales where asking and final prices could be compared, the average sale-to-asking price ratio across five sales was 0.918, indicating that properties in this sample closed at approximately 91.8 percent of their listed asking prices. This ratio demonstrates that buyers retained modest negotiating leverage during this period, with properties typically selling below initial asking prices rather than commanding premiums over list values. This dynamic reflects standard market conditions where neither buyers nor sellers possessed overwhelming bargaining power. The building profile across the eight transactions reveals a neighbourhood dominated by older housing stock, with seventy-five percent of sales involving homes built before 1980 and twenty-five percent built between 1980 and 2010. No transactions involved properties constructed after 2010, confirming that Outremont's residential character remains defined almost entirely by pre-existing and mid-period structures rather than contemporary new construction. Among the eight documented sales, thirty-eight percent were concluded without a legal warranty of quality. Buyers acquiring properties without such warranties should conduct standard due diligence, including professional inspections and customary title and structural checks, to ensure full transparency regarding property condition and legal standing before purchase. For buyers, Outremont offers access to an established, premium-priced neighbourhood where patient capital and careful property selection yield long-term value. For sellers, the 81-day average and below-asking outcomes suggest realistic pricing calibrated to current market appetites as essential to efficient transaction completion. To estimate the current value of a specific Outremont property, consider using the neighbourhood estimator tool to refine your market analysis.