Saint-Léonard condo market — June 2025
Based on 14 actual sales · CourtiConnect
Market context: condo in Saint-Léonard
In June 2025, the condo market in Saint-Léonard recorded 14 sales, establishing a median price of $409,500 and an average price of $430,464. This neighbourhood sits notably below the broader Montréal market, where the median condo price over the trailing twelve months reached $563,500 across 689 transactions. Saint-Léonard's median represents a 27.3 percent discount compared to the city as a whole, positioning it as a more affordable option for buyers navigating Montréal's residential landscape. The pace of sales in Saint-Léonard reflects a measured market rhythm. Properties remained on the market for an average of 59 days before closing, a timeframe that suggests moderate demand and a reasonably stable buyer-seller dynamic. This duration indicates that while homes are moving, there is neither urgency nor stagnation, allowing both parties adequate time to finalize their transactions under standard market conditions. Among the documented sales for which asking and final sale prices were available, the average sale-to-asking price ratio stood at 0.978 across nine transactions. This figure sits just below unity, indicating that buyers secured prices modestly below initial asking amounts on average, suggesting subtle buyer leverage in negotiations during this period. It is important to note that this ratio reflects only the nine documented sales with complete pricing information, a relatively small subset of the fourteen total transactions recorded. The building profile across Saint-Léonard's condo stock reveals a neighbourhood dominated by relatively modern structures. Among twelve sales examined for construction period, none dated before 1980, while 75 percent fell within the 1980 to 2010 window and 25 percent were built after 2010. This composition points to a portfolio of mid-to-newer buildings, most likely mid-rise or walk-up structures built during the latter decades of the twentieth century or early twenty-first century, avoiding the maintenance challenges sometimes associated with much older stock. In the course of normal due diligence, prospective buyers should be aware that seven percent of the sales concluded without a legal warranty of quality, a circumstance that underscores the importance of conducting standard inspections and verification procedures before finalizing any purchase, as is prudent practice in any real estate transaction. For buyers, Saint-Léonard's median price point and composition of mid-range buildings offer accessible entry into the Montréal market with homes of reasonable age. For sellers, the moderate timeframe on market and slight buyer pricing power suggest setting realistic expectations aligned with current neighbourhood conditions. To explore specific property values in Saint-Léonard and refine your understanding of the market at a granular level, consider using an estimator tailored to this neighbourhood's recent transaction history.