Saint-Laurent condo market — May 2025
Based on 13 actual sales · CourtiConnect
Market context: condo in Saint-Laurent
The Saint-Laurent condo market recorded 13 sales transactions in May 2025, establishing a median price of $598,000 for the neighbourhood. This median represents a premium of 5.8 percent above the trailing twelve-month median for Montréal as a whole, which stood at $565,000 across 473 documented transactions. The neighbourhood's positioning above the citywide median reflects its particular appeal within the broader Montréal market, where Saint-Laurent maintains a distinct competitive standing relative to other areas. The average time on market for condos in Saint-Laurent reached 58 days during this period, a figure that offers meaningful insight into the pace at which properties moved through the sales cycle. This duration suggests a moderately paced market where properties required roughly two months of active listing before finding buyers, indicating neither exceptional urgency nor prolonged inventory accumulation. Such a timeline reflects a balanced environment in which buyers and sellers maintained reasonable engagement with available stock. Among the eight documented sales where asking and sale prices could be directly compared, the average sale-to-asking ratio reached 0.988, meaning that properties in the neighbourhood sold at approximately 98.8 percent of their listed asking price on average. This ratio, which falls marginally below unity, indicates that sellers faced modest negotiating pressure from buyers during this particular window, with transactions closing slightly below initial price expectations in documented cases. The building profile across the thirteen recorded sales reveals a notably modern neighbourhood composition. No condos in the transaction sample dated from before 1980, while 23 percent of sales involved buildings constructed between 1980 and 2010, and 77 percent of transactions involved buildings completed after 2010. This distribution underscores Saint-Laurent's character as a neighbourhood dominated by newer residential construction, with the substantial majority of activity concentrated in properties built within the most recent fifteen years. Across all thirteen documented transactions, none of the sales were concluded without legal warranty of quality. When evaluating any condo purchase, buyers should conduct standard due diligence including professional inspections and thorough verification of building conditions, systems and compliance, as would be customary practice in any real estate transaction. For buyers, Saint-Laurent offers newer building stock in a neighbourhood positioned at a modest premium to the city median, warranting careful valuation against comparable options throughout Montréal. For sellers, the modest negotiating advantage reflected in pricing suggests realistic expectations around final selling prices relative to initial listings. To estimate the current value of a specific property in Saint-Laurent, consider using a qualified real estate estimator familiar with the neighbourhood's recent transaction patterns and building profiles.