Rivière-des-Prairies–Pointe-aux-Trembles condo market — June 2025
Based on 9 actual sales · CourtiConnect
Market context: condo in Rivière-des-Prairies–Pointe-aux-Trembles
The condo market in Rivière-des-Prairies/Pointe-aux-Trembles recorded nine sales in June 2025, establishing a median price of $370,000 for the period. This represents a substantial 34.3 percent discount relative to the median condo price across all of Montréal, which stood at $563,500 over the trailing twelve months based on 689 sales. The neighbourhood thus continues to position itself as a notably more affordable segment within the broader metropolitan housing landscape, reflecting its distinct demographic and geographic character within the eastern reaches of the city. The average time on market for condos in this neighbourhood reached 52 days, indicating a moderate sales velocity. This timeframe suggests neither an exceptionally tight seller's market nor an extended period of inventory buildup, but rather a steady, deliberate pace at which properties move from listing to closure. Such a duration allows both buyers adequate time for due diligence and sellers reasonable expectations for finding qualified purchasers without prolonged carrying costs. Among the documented sales with available data, the average sale-to-asking price ratio stood at 0.986, calculated across seven transactions. This figure sits just below parity, indicating that buyers generally negotiated prices modestly below the initial asking amounts, though the margin remained minimal. This near-equilibrium ratio reflects relatively balanced market dynamics between buyers and sellers, with neither party holding decisive leverage during the negotiation process. The building stock in this neighbourhood skews notably toward mid-range construction, with 78 percent of the nine sampled sales involving condos built between 1980 and 2010, while 22 percent were constructed after 2010. No sales involved buildings predating 1980, suggesting that the condo supply reflects primarily late-twentieth-century and early-twenty-first-century residential development patterns typical of the borough's evolution. This composition influences both maintenance profiles and architectural character across the market. Among the nine sales recorded, one transaction, representing 11 percent of the sample, concluded without a legal warranty of quality. This remains a standard point in any buyer's due-diligence process, alongside professional inspections and title verification, and reflects normal conveyancing practice rather than an unusual market indicator. For buyers, the neighbourhood offers median pricing substantially below city-wide levels, providing value in a location with established infrastructure and transit connections. For sellers, the moderate days-on-market figure combined with near-asking-price outcomes suggests realistic pricing expectations in a stable, albeit modest, market environment. To explore current property values and market trends in Rivière-des-Prairies/Pointe-aux-Trembles with precision, consider using a real estate estimator tailored to neighbourhood-specific data.