Rivière-des-Prairies–Pointe-aux-Trembles condo market — July 2025
Based on 8 actual sales · CourtiConnect
Market context: condo in Rivière-des-Prairies–Pointe-aux-Trembles
The condo market in Rivière-des-Prairies/Pointe-aux-Trembles recorded eight documented sales in July 2025, establishing a median price of $402,000 and an average price of $404,500. This neighbourhood sits meaningfully below the broader Montréal condo market, with prices running 28.1 percent lower than the city's median of $558,800 observed over the trailing twelve months across 852 transactions. This price positioning reflects the neighbourhood's distinct character within the metropolitan landscape and offers buyers access to the condo segment at a more affordable entry point than the city average. The average days on market for condos in this area reached 56 days, a timeframe that indicates a deliberate but not sluggish sales pace. Properties neither lingered excessively nor turned over with exceptional speed, suggesting a market where buyer interest exists at the current price levels without creating urgency or competitive bidding situations. This moderate marketing window provides both parties with sufficient time to conduct due diligence and negotiate terms thoughtfully. Among the eight documented sales, the average sale-to-asking price ratio stood at 0.984, meaning that properties in this sample closed just below their listed asking prices on average. This figure, drawn from the documented sales themselves, reveals a market in which seller expectations and buyer valuations are closely aligned, with neither party holding decisive leverage. Buyers are not forced to bid above asking to secure properties, yet sellers are not compelled to accept deep discounts either. The building stock reflected in these transactions shows a modern composition, with 63 percent of sales involving condos built between 1980 and 2010 and 38 percent involving buildings constructed after 2010. No sales in the sample involved pre-1980 buildings, indicating that the neighbourhood's condo inventory skews toward more recently constructed or substantially renovated properties rather than heritage or older residential stock. Thirteen percent of the documented sales concluded without a legal warranty of quality, a share that reflects standard practice in certain market segments. Buyers entering such transactions typically engage inspectors, title searches, and other customary verification procedures to satisfy themselves regarding property condition and legal standing, much as they would with any real estate purchase. For buyers seeking affordable condo entry into Montréal's market, this neighbourhood offers solid pricing relative to the city median. For sellers, the balanced sale-to-asking ratio suggests that appropriately priced properties will move within a reasonable timeframe without requiring excessive discounting. To estimate the current value of a condo in Rivière-des-Prairies/Pointe-aux-Trembles or to explore recent comparables in greater depth, consider using a detailed market estimator tailored to this neighbourhood's specific dynamics.