Saint-Jérôme plex market — January 2025
Based on 9 actual sales · CourtiConnect
Market context: plex in Saint-Jérôme
The plex market in Saint-Jérôme registered nine recorded sales in January 2025, establishing a median price of $1,153,000 across the sample. When compared to the broader plex market across Saint-Jérôme over the trailing twelve months, which recorded a median of $890,000, this particular segment of the market sits notably higher—specifically 29.6 percent above the city-wide median. This positioning suggests that the properties captured in this month's transaction data either cluster in a more desirable neighbourhood, feature superior condition or amenities, or both factors combined. The price spread between the median and average—$1,153,000 and $1,077,889 respectively—indicates a relatively tight distribution with no extreme outliers pulling significantly in either direction. When assessing momentum, the average sale-to-asking price ratio across the nine documented sales stands at 0.964, meaning that buyers collectively paid approximately 3.6 percent below the stated asking prices. This pattern, observed across a small sample of nine sales within a single month, suggests that sellers retained moderate negotiating leverage during this period, though the ratio hovers close to parity. Buyers were neither pursuing aggressive markdowns nor bidding above asking in a competitive frenzy; instead, typical transactions reflected standard back-and-forth negotiation yielding modest discounts. The building composition across these nine sales shows considerable diversity in age. Approximately 44 percent date from after 2010, representing newer constructions or significant renovations. The remaining inventory splits between pre-1980 stock at 33 percent and properties built or substantially renovated between 1980 and 2010 at 22 percent. This mix underscores a market where older, well-established structures coexist with modern units, offering buyers varying profiles in terms of building systems and maintenance history. A notable observation in the transaction data is that 67 percent of sales were concluded without a legal warranty of quality. This represents a common real estate practice and underscores the importance of standard buyer due diligence—professional inspections, title verification, and municipal record checks—to evaluate property condition and ensure informed decision-making. For buyers, understanding the premium pricing in this segment relative to the city-wide average is essential when evaluating value. For sellers, the modest discount from asking prices suggests realistic pricing strategies will facilitate timely sales without excessive negotiation friction. To refine your understanding of current plex values in Saint-Jérôme, consider using the real estate estimator tool for personalized market insights.