Saint-Jérôme plex market — July 2025
Based on 8 actual sales · CourtiConnect
Market context: plex in Saint-Jérôme
The plex market in this neighbourhood of Saint-Jérôme recorded eight sales in July 2025, with a median price of $888,500 and an average price of $951,500. This neighbourhood sits notably above the broader Saint-Jérôme plex market, commanding a median that is 8.5% higher than the city-wide figure of $819,000 over the trailing twelve months. The gap reflects the neighbourhood's relative appeal within the municipality, though it is worth noting that the sample of eight transactions is modest and warrants cautious interpretation of neighbourhood-specific patterns. The average time on market stood at forty days, a figure that suggests a moderate, steady pace of sales. Properties are neither selling with exceptional urgency nor lingering indefinitely, indicating a market where reasonable marketing and pricing typically allow properties to move within a typical market window. This pace aligns with a balanced environment where neither buyers nor sellers face extreme pressure from time constraints. Across the eight documented sales, the average sale-to-asking price ratio was 0.981, meaning that properties closed at approximately 98.1% of their asking prices on average. This figure indicates that sellers have held modest pricing power; buyers are not bidding aggressively above list, yet neither are they negotiating substantial reductions. The ratio suggests a relatively equilibrated market dynamic where asking prices remain reasonably anchored to actual buyer interest. The building profile reflects a neighbourhood dominated by older residential stock. The construction-period mix shows that 88% of plex sales involved buildings erected between 1980 and 2010, while 13% dated from before 1980. No sales involved buildings constructed after 2010, indicating that the neighbourhood's plex inventory consists almost entirely of mid-career residential structures rather than newer construction. One noteworthy due-diligence matter for prospective buyers: twenty-five percent of the eight documented sales were concluded without a legal warranty of quality. Purchasers should approach such transactions with the same standard inspections and verification procedures they would apply to any property acquisition, ensuring they conduct thorough examinations and obtain appropriate professional advice before committing. For buyers, this neighbourhood offers established plex inventory at stable price levels relative to city-wide alternatives. For sellers, the moderate marketing window and near-asking sales results suggest that competitively priced properties can reach their intended audience without extended vacancy or sharp concessions. To explore current valuations and market conditions in this neighbourhood with precision tailored to a specific property, consider using the real estate estimator.